Trends Tool

Forrester’s Brief Guide To Payment Tokens​

Jacob Morgan
 and  five contributors
May 14, 2021

Summary

There are new payment token types and use cases that merchants must understand if they are to modernize their payments acceptance strategies in line with customer expectations — and do so securely. Use this guide to understand the four types of payment tokens — third party tokens, card-on-file-tokens, device tokens, and shared-use tokens — and the varying use cases that underpin them.

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