Visa’s tokenization technologies aim to empower banks, merchants and the wider payments ecosystem to boost authorization, drive innovation and create new digital commerce experiences.

Services include:

Visa Token Service (VTS) - VTS is a foundational platform for global tokenization. By substituting Visa card numbers with tokens, VTS supports richer, more secure digital payment experiences for customers. Through VTS, Visa drives token transformation by contributing to and implementing industry standards worldwide.
Token Management Service (TMS) by Cybersource - TMS delivers a single token, combining multiple individual tokens, to make commerce easier. With a 360-degree view of each customer and how they behave the user can deliver them a personalized experience. It supports merchants, acquirers and technology partners to offer customers more flexible and creative ways to pay, aiming to increase engagement and loyalty.
Token ID – A Visa Solution - Token ID empowers banks, merchants, regional networks and clearing houses to build, manage and control their own tokenization capabilities. Token ID enables its user to create new, secure digital payment experiences by expanding tokenization beyond card payments to support automated clearing house (ACH) and real-time use cases.

Users of Visa Tokenization may include:

Merchants - From brick-and-mortar through to omni-channel and subscriptions, Visa helps innovate new customer payment experiences.
Issuers - Visa’s payment tokenization technologies help give cardholders the confidence to pay digitally, wherever and however they like.
Acquirers and Payment Service Providers (PSPs) - Visa helps acquirers and PSPs to help increase authorizations, reduce fraud and enable merchants to offer enriched payment experiences.
Technology partners - Visa works with the world’s largest ‘OEM Pay’ services to bring the trust of tokens to digital payments, enabling a vital interface with banks and merchants.
Central banks and clearing houses - Visa helps central banks and clearing houses mitigate account-based fraud with tokenization and bring trust to real-time payment innovations.

Visa Tokenization

What is Visa Tokenization?

Categories & Use Cases