Summary
You can use payment tokenization (PT) solutions to: 1) reduce the risk of fraud from stolen personal account numbers (PANs); 2) reduce the scope of PCI DSS compliance and audits; and 3) increase mobile wallet and peer-to-peer payment adoption. But to realize these benefits, you'll first have to select from a diverse set of vendors that vary by size, functionality, geography, and vertical market focus. Security, fraud, and general risk professionals should use this report to understand the value they can expect from a PT provider and to select one based on size and functionality.
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