Payment Account Reference: Finding the Cardholder Account in a Sea of Tokens
- Date:May 22, 2018
- Author(s):
- Sarah Grotta
- Research Topic(s):
- Debit
- PAID CONTENT
Overview
Now more than ever, card account numbers are tokenized to secure payment transactions. With some cards receiving multiple tokens, sorting out which token belongs to which account is getting more difficult, which is making loyalty programs and customer service more difficult to manage. Will payment account reference (PAR) solve the problem?
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