Here’s a short, bulleted overview of the benefits of card-on-file tokenisation for merchants:

  • Enhanced Security: Replaces sensitive PAN data with tokens, reducing fraud risk.
  • Improved Customer Experience: Automatic card updates for recurring payments prevent disruption. Faster checkout for returning customers.
  • Higher Authorisation Rates: Tokenised transactions see a higher approval rate than PAN-based ones.
  • Reduced Fraud: Significantly lowers card-not-present (CNP) fraud.
  • Avoid Visa Fines: Tokenisation helps avoid “behavioural fines” on PAN-based transactions.
  • Simplified PCI Compliance: Reduces exposure to sensitive card data, potentially easing compliance efforts.
  • Future-Proof Payments: Aligns with the industry trend towards tokenisation.
  • Increased Sales: Higher authorisation rates and reduced cart abandonment can lead to increased revenue.
  • Better Data Insights (potentially): Linked tokens can offer a unified view of customer transactions.
  • Competitive Advantage: Offering modern, secure payment options can attract more customers.

Contact us to get tokenised now!

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