The word token is very common in the digital world. It is a unique digital identifier used to represent information or grant access without exposing the actual data. A token is often unique, time-limited, secure—difficult to guess or forge—and non-meaningful, since it does not directly reveal the real information. Multifactor authentication is a common example of token use. The following article focuses on tokens in online payments.
ARTICLE ·
Introducing payment tokenisation
Token characteristics and their use in payments.
