Token Platform

Concept Definition

Digital payments are surging worldwide, bringing greater convenience and security to billions of people. Consumers now expect fast, user-friendly and safe experiences whether paying in store, online, or in-app. Tokenization is at the heart of this shift. First adopted in mobile wallets for contactless payments, tokens are now powering eCommerce, subscriptions, and in-app purchases, creating a seamless and trusted way to pay everywhere. For domestic networks, private label networks, and wallet providers, tokenization enables them to extend their payment instruments into the digital space, compete effectively, and expand their presence across their target markets.

Use Cases

IDEMIA Token Platform manages end-to-end processes to create, provision, and manage digital cards or payment tokens across multiple Token Requestors:

xPay wallets:

Apple Pay, Google Pay, Samsung Pay (proximity / in-app)

Issuer wallets:

HCE-based branded NFC apps on Android and iOS (proximity)

QR code:

Consumer or merchant EMV-based QR code payments (proximity / remote)

(NEW) Tap to Pay by Account:

In-store NFC payments using account-based assets converted into EMV-compatible tokens (proximity)

Token-on-File:

Stored tokens on merchant websites for subscriptions or recurring payments (remote)

SRC Platform:

Cross-network EMVCo-compliant Buy Button for Click to Pay enablement (remote)

Additional use case enabled by IDEMIA token Platform:

Virtual Card (VCN):

Secure, reusable or disposable virtual cards (remote).

Service Benefits

Expand acceptance and adapt to consumers expectations

Enable domestic networks, private label programs, and wallet providers to compete with global players and grow market share in the digital space, with co-badged cards transacting digitally and locally.

Safeguard sovereignty

Empower domestic networks and private-label schemes to control sensitive data and tokenization rules, define their own roadmap, and secure their role as the backbone of digital payments across the country or region, reducing dependency on global networks.

Reduce fraud & costs

Lower card-not-present fraud with tokenization, protect consumer data, and drive operational efficiency and cost savings for issuers and merchants across all devices and channels.