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What is Visa Token Service?

The Visa Token Service is specifically crafted to enhance the development and upkeep of digital payment solutions while safeguarding consumers' sensitive information from potential fraud. With the increasing popularity of mobile payment alternatives among users, Visa Token Service provides three essential assets to assist businesses in meeting this growing demand. Visa delivers detailed standards, specifications, and development resources, alongside pre-built mobile solutions that empower partners to create and deploy their own tokenized applications for cardholders. By partnering with us, you can build a unique mobile payment application using the Visa Token Service SDK, which facilitates direct integration with token management systems. As contactless mobile transactions usher in a new age of digital payments, Visa Token Service streamlines and secures this procedure. Utilizing Near Field Communication (NFC) technology and Visa PayWave, making safe purchases becomes as simple as a quick wave of your hand. This groundbreaking approach enables smooth and convenient transactions on the go, especially with compatible iOS devices, thereby significantly improving the consumer experience in the realm of digital payments. With Visa Token Service, businesses can confidently embrace the evolution of transactions, ensuring both security and ease for their customers, ultimately paving the way for future innovations in this field.

What is Modirum?

Three-Domain Secure (3DS or 3-D Secure) is a communication protocol utilizing XML that enables cardholders to confirm their identity with their card issuer during online transactions where physical cards are absent. This framework is essential in reducing the risk of unauthorized card-not-present transactions, thereby protecting merchants, issuers, and cardholders against potential fraud. By enabling the secure exchange of cardholder data among the main participants in a card-not-present transaction—including the cardholder, merchant, card issuer, and payment processor—3-D Secure significantly improves security measures. Initially developed by Visa in the early 2000s, the first iteration of this technology was branded as Verified by Visa (VbV). Furthermore, other prominent card networks have adopted technologies based on the 3-D Secure 1.0 standard, with MasterCard naming it MasterCard SecureCode (MCC), JCB International referring to it as J/Secure, and American Express marketing it as American Express SafeKey. One notable benefit of employing 3-D Secure is that it shifts the liability for fraudulent transactions from merchants to card issuers, which helps decrease the frequency of chargebacks. This system not only elevates consumer trust in online shopping but also strengthens the overall reliability of electronic payment infrastructures. As a result, the adoption of 3-D Secure is increasingly seen as a critical component in the fight against digital fraud.

Media

Media

Integrations Supported

Apple Pay
Exact Payments
Google Pay
PremierCashier
Samsung Pay

Integrations Supported

Apple Pay
Exact Payments
Google Pay
PremierCashier
Samsung Pay

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Visa

Company Location

United States

Company Website

www.visa.com.au/partner-with-us/payment-technology/visa-token-service.html

Company Facts

Organization Name

Modirum

Company Location

Estonia

Company Website

www.modirum.com

Categories and Features

Categories and Features

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