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← Payment Systems: Magstripe, Tokenization, NFC and EMV

Module 9 of 22 · Practitioner · 60 min

Tokenization process

The opposite of static magstripe data: a token is a different, independently valid card number, not an encrypted or seeded one, and how digital wallets implement it.

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What this module covers

  1. 01Two things called tokenization
  2. 02A token is a card number
  3. 03The parties, and who sees which number
  4. 04Provisioning: how a token gets onto a device
  5. 05Domain restriction is where the security lives
  6. 06What the token adds on top
  7. 07Recognizing a token in a capture
  8. 08What tokenization does not fix