Tokenisation and Encryption in Digital Payments, FinTech

Explore tokenization in digital payments, replacing sensitive card data with non-reversible tokens, and understand token vaults, device-specific tokens, and cross-channel use for secure payments.

Learn how tokenization secures digital payments by replacing card details with tokens through token requesters and token service providers, verified by issuer banks and stored in the secure element.

Learn how to add a card for tokenization in digital payments, covering manual entry, card-on-file, and in-app provisioning, with device-specific tokens stored in secure elements.

Demonstrate tokenised transaction flow for NFC and contactless payments, showing how a device token travels from secure element through acquirer, networks, and token service provider to protect card numbers.

Explore network based tokenization, showing how card networks issue, store, and manage tokens with issuers, token service providers, and digital wallets, and how EMVCo and PCI-DSS certification maintains security.

Understand how Visa tokenization converts a card pan into a token via the Visa net and token vault, with issuer OTP authentication and delivery to Apple Pay and Google Pay.

Explore how Apple Pay tokenization replaces card data with a device account number (dan), validated by the card network and issuer, and protected in a secure element for token-based payments.

Explain encryption and tokenisation in digital payments, detailing how encryption uses keys to decrypt data while tokenisation replaces card details with tokens stored in a token vault.

Combine encryption and tokenization to secure digital payments, protecting data at capture and in transit. Understand token generation, token vaults, and hardware security modules that support secure payment ecosystems.

Understand how hardware security modules (HSM) securely generate, store, and manage cryptographic keys, enabling real-time encryption and decryption, PIN verification, and cloud-based tokenization in digital payments.

Explore how PCI DSS governs tokenization and how single-use and multi-use tokens protect card data across devices and merchants.

Explore PCI DSS tokenization components, including reversible and non-reversible tokens, token mapping to pan values, and the roles of the card data vault, token vault, HSM, and key management.

Explore tokenization deployment models in digital payments, including on premise or in-house deployments, outsourced cloud solutions, and hybrid setups, with emphasis on PCI DSS and Emvco compliance.

Identify merchant responsibilities under PCI DSS for tokenization and encryption, ensure clear contracts, risk assessments, data segmentation, and ongoing monitoring of tokenization service providers.

Explore open authorization with OAuth and tokens, including access and refresh tokens, and understand tokenization and encryption in digital payments.

Explore the benefits of tokenization, including secure card-on-file storage for one-time, recurring, and EMI payments, centralized vaulting, and reduced PCI DSS scope.