How secure is paying with your connected device?
Now that payment-enabled devices make it quick and easy to pay, have you asked yourself how hackers are kept at bay?
Tokenization is an innovative security technology that helps reduce fraud and secure payment data by replacing your account information with a unique digital credential that can’t be stolen or re-used. Your personal account number is locked away for safekeeping–replaced with a unique digital identifier that can be limited to a specific device, merchant or transaction type. Since tokens are restricted to a particular use and can only be validated by Visa, they are worthless to cyber criminals.