Effortlessly integrate network tokens for better acceptance rates, better payment data security, and lower scheme fees.
Increase acceptance rates, cut scheme fees, and lower costs with issuer-recognized tokens.
Strengthen payment security, lower false-declines, and increase payment performance.
Set and forget with tokens managed by us, or take control with our merchant-managed service.
Offer customers a seamless payment experience with card updates and one-click payments
Here is how Checkout.com is committed to helping global merchants increase their acceptance rates through the adoption of network tokens.
*To achieve optimal acceptance rates, it is recommended to use Intelligent Acceptance. Merchants managing their network tokens can achieve these rates by implementing their own optimization strategy.
Merchants globally actively tokenizing payments with Checkout.com
Network tokens successfully provisioned by Checkout.com
Average increase of acceptance rates with Visa and MasterCard
Network tokens generated by card schemes replace the cardholder's PAN throughout the payment flow.
Payment tokenization supports online transaction security, even in the event of a data breach.
Choose a network token management solution that fits your payment strategy, requires minimal effort to integrate and readily adaptable for network changes.
We manage the entire lifecycle as your network token service provider and PSP, whilst you focus on your core business. Checkout.com provides:
We will soon be offering network tokens compatible across PSPs, making it perfect for an open ecosystem, and you manage:
Maximize your revenue with higher authorization rates, lower interchange fees, and frictionless payments.
Enhance your payment ecosystem's performance by increasing your payment acceptance rate, lowering scheme fees, and enabling optimization options.
Keep the security of your cardholder’s data as a priority, while you concentrate on your primary operations. Store network tokens and source IDs in Checkout.com's Vault to save on audit costs and effort.
Once payment credentials are stored and tokenized, offer a seamless online payment experience to maximize sales.
Head of Payment Optimization, The Financial Times
Intelligent Acceptance is an additional performance layer, that unlocks more revenue and cost savings for your business. Leveraging AI and harnessing the power of global network data, Intelligent Acceptance optimizes Network Tokens to their fullest potential, increasing authorization rates and reducing declined transactions.
The key difference between network tokenization and PCI tokenization is that the card scheme issues the network token, not the acquirer or payment service provider. This makes network tokens interoperable across the entire payment ecosystem, and for a broader range of use cases.
Network tokens are generated through a process called tokenization, which involves replacing sensitive payment card information with a unique, non-sensitive identifier. Network tokens are generated automatically and in real-time by the card schemes as customers use their cards.
As card details are automatically updated by the card scheme, and fewer accounts are suspended due to fraudulent activity, the number of declines caused by fraud and out of date credentials is significantly reduced, which results in increased authorization rates.
The future of network tokens goes beyond PAN tokenization. Expect data shared in payment processing and card schemes to be fully tokenized for maximum security of cardholder information in the future.
Merchants paying for Intelligent Acceptance can leverage Network Tokens without any integration required. Intelligent Acceptance only utilizes Network Tokens if the issuer supports them and, the predicted cost is lower, or the chance of success is higher, than PAN credentials.