Merchant tokenization
The Tietoevry E-Commerce Payment Gateway supports tokenization services provided by Visa and Mastercard. ICO Tokenization allows merchants to obtain and store network-issued tokens for both customer-initiated and merchant-initiated transactions.
This solution enhances transaction security, reduces interchange fees, and increases approval rates by leveraging the card networks' token lifecycle management and issuer authentication processes. ICO Tokenization provides merchants with additional flexibility and improved performance in online payment acceptance.
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