19 Dec 2022 By PAYCEC
According to Visa, when a consumer registers their Visa account with a digital payment service provider (such as an online retailer or mobile wallet), the service provider requests a Visa Token ID. Visa may share the token request with the issuing bank, depending on the use case.
Visa replaces the consumer's PAN with the token after receiving approval from the account issuer. It also shares the code with the payment service provider for online and mobile (NFC) payments. Before expiring, a Visa prepaid digital token is only valid for a specific mobile device, e-commerce merchant, or purchase transactions.
If you need further assistance or answer, please don't hesitate to contact us.
We are honored to serve as your reliable business partner and financial service provider in the industry and other business-related services. With the help of our professional staff, to help merchants to achieve their goals for the development and expansion of the international business market.
Our payment flow has developed in the e-commerce world to perform seamlessly and effectively across all platforms and devices. We take pleasure in combining technology with customer service, to solve your concerns at the moment.
PayCEC is a fully worldwide payment network that not only allows merchants to be paid immediately and securely, but also allows them to withdraw money in multiple currencies to their company accounts.