Visa’s Token Service (VTS) has driven a remarkable uplift in the digital economy of Asia Pacific, contributing more than USD2 billion in 2023.
Visa’s Token Service replaces traditional 16-digit debit or credit card numbers with unique identifiers known as tokens. These tokens secure payment credentials, facilitating the transfer of enriched data, which improves payment success rates and reduces fraud. The increased security and ease of use across devices have led to a superior consumer experience.
Enhancing…