Overview
The role of the Token Service Provider, or TSP, is to provision tokens into all devices that will be involved in payments, from browsers and smartphones to appliances and watches. This demands tight integration to each manufacturer and device as well as to the Token Vault Providers, which is no small undertaking. Time will tell if the visibility this gives First Data across issuance and acceptance proves sufficiently valuable.
Learn More About This Report & Javelin
Related content
Are Consumers ‘Buying’ Biometric Authentication?
Biometric authentication has substantial benefits that accrue to the quality of transactions, including reduced fraud involving payments made online. The technology that enables su...
Can Pay-by-App Compete With Pay-by-Phone?
The largest retailers are trying to get consumers to bypass the more popular digital wallets and make payments directly through mobile apps. Consumer preferences, regulatory agenci...
Five Ways Assertive Regulators Will Shape the Future of Payments
The past few years have seen an increased role for U.S. regulators across financial services, with crackdowns against banking partnerships, crypto coin minters, credit card issuers...
Make informed decisions in a digital financial world