Payment tokens

Payment tokens are digital representations of payment information used in electronic transactions. Instead of sharing sensitive card details directly, a token acts as a secure substitute that ensures privacy and reduces fraud risk. When you make a purchase, your card details are replaced with a unique, randomized token stored securely by payment networks or merchants. This token can be used for transactions without exposing your actual card information, providing a safer way to pay digitally. Payment tokens are widely used in contactless payments, mobile wallets, and online shopping to enhance security and protect consumer data.