The combination of Visa’s network tokenization capabilities with the local and account tokenization technology of Rambus is aimed to streamline payments across all forms of global commerce.
Visa offers tokenization capabilities through Visa Token Service for card-based payments on the Visa network. Rambus’ token technology will enable Visa to extend the security of tokenization to all types of transactions beyond Visa cards, including those on domestic card networks, account-based, and real-time payments systems.
The transaction is subject to relevant regulatory approvals and other customary closing conditions.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the The Paypers website, they in no way represent the opinion of The Paypers.