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EMVCO Updates Payment Tokenisation Specification

EMVCO Updates Payment Tokenisation Specification

A CONSISTENT STANDARD for the implementation of payment account references (PAR) is now available, following an update to the EMV payment tokenisation specification. Acquirers, merchants and payment processors can use PARs to limit references to the cardholder’s primary account number (PAN), which is important for increasing security and delivering value-added services. Payment tokenisation is the [...]

The post EMVCO Updates Payment Tokenisation Specification appeared first on Payments Cards & Mobile.

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