Transcription of All you need to know about Tokenization - Visa
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All you need to know about Tokenization - Visa
OrangesApplesMangos4000 1 234 5 600 9 01001/ 16 CAR DHOLDER NAME4000 1 234 5 600 9 0104000 1 234 5 600 9 01001/ 1601/ 16 CARDHOLDER NA MECARDHOLDER NA MECheckoutPizza Delivery9369462 PIZZAS$ PIZZAS$ PAIR JEANS$ PAIR JEANS$ PIZZAS$ PIZZAS$ PAIR JEANS$ PAIR JEANS$ sends token to acquirerDepending on the commerce environment, the digital payment service provider (e-wallet, eCommerce merchant or app) passes the token to the acquirer as part of an authorization request. 2 Issuer returns token and authorizationThe issuer accepts or declines the transaction and sends its response back to completedThe token and payment authorization are routed back to the merchant's bank, the routes the tokenThe acquirer receives the token and routes it to visa s network to begin processing the sends token to card issuerVisa sends the token , along with the payment card details, to the issuer for TOCHECKOUT114000 1234 5600 901001/16 CARDHOLDER NAMEPAY NOW61,802,000,000 VisaNetPayment initiatedThe consumer initiates a paymentonline, in-stor
The token and payment authorization are routed back to the merchant's bank, the acquirer. 6 Acquirer routes the token The acquirer receives the token and routes it to Visa’s network to begin processing the transaction. 3 Visa sends token to card issuer Visa sends the token, along with the payment card details, to the issuer for authorization. 4
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