Tokenization: the strategic tool for PSD2-compliant Ecommerce
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Focus on security and customer experience
The tokenization of credit and debit card data is essential for many Ecommerce sites. Its integration into the transaction management process relieves merchants of very expensive certifications and simultaneously improves customer experience, reducing the amount of time needed for payments. In this document we explore the meaning of the concept of tokenization and analyse its impact on business, especially in the context of PSD2 compliance which the entire online payment system will face in the coming months.