Tokenization

Tokenization services consist of a tokenization processor and a tokenization gateway. The API system is accessed by the carrier, and the e-shop of the carrier is connected to the tokenization gate.

switchio_web_illu_token_300px

Proven client identification in:

  • Transport industry - inspection control
  • Retail - payment applications
  • Loyalty schemes - cardholder unique identification
  • Parking - electronic ticketing

Tokenization gateway

It is ready for the transport industry and loyalty schemes. The token processor keeps sensitive data in the database in a secure manner: identifier values, token keys are safely stored in the HSM and performs token identifiers. The token gateway is designed with responsive behavior and use on desktop and mobile devices.

switchio_web_iilu_card
  • Payment card tokenization based on applied cryptography and secure key management
  • Improved security for merchants
  • Secure interoperability with third parties

How it works

Requesting a Token with Switchio® Token Gateway.

Token-gateway-Switchio
device-agnostic

Token Gateway receives the card number from the token requestor

white-label

Token Gateway routes it to the appropriate EMV tokenization service to request a network token

simlified

The EMV tokenization service validates the card number with the card issuer

centralized platform

The issuer approves the request and validates the token

integration

The EMV tokenization service returns a network token to Token Gateway

onboarding

Finally, Token Gateway shares a reference ID of the token with the token requestor

Tokenization app

The tokenization application implements an interface through which the application can be used by third-party applications on the same device.

switchio_web_illu_mobile_500px

Tokenization app supports

  • API to calculate the token from the sold input data
  • Detection of EMV cards and subsequent token calculation
  • Multilanguage, multicurrency
  • Integration with TMS for secure key exchange (TTK, TEK, TMK) and full remote control & configuration
  • Simple API integration with 3rd party application

Switchio® Tokenization application is ready for OS Android.

Want to find out more? Interested in becoming a technology partner?

Get in touch.

1 Step 1
keyboard_arrow_leftPrevious
Nextkeyboard_arrow_right
FormCraft - WordPress form builder

Switchio logo white

MONET+,a.s.
Za Dvorem 505
763 14 Zlín-Štípa
Czech Republic

ID: 26217783, TAX ID: CZ26217783

solutions-by-M-01

© 2020 copyright by MONET+ a.s. All rights reserved|monetplus.com|info@switchio.com