Network Tokens

When a

TMS

token is used in a transaction, the

TMS

token is de-tokenized, and the PAN is sent to the issuer for authorization. The primary account number (PAN) is still exchanged as the transaction is processed. However, the PAN is removed from transaction processing and replaced with network tokens, making the transaction more secure.

The network scheme generates network tokens. A token replaces customer card information in order to ensure secure transactions. Network tokens are mapped to instrument identifier tokens. The minimum card data required in order to request a network token is the PAN and the expiration date.

Using a network token has benefits:

Improved authorization rates for credentials-on-file (COF) and recurring payments.
Improved customer tracking through the payment account reference (PAR), which is a consumer identifier that is less sensitive than the PAN. The PAR can be exchanged as the transaction is processed.

Network tokens can be provided for partners.