Unlimit has gained a Token Service Provider certification from both Mastercard and Visa in India.
The company now enables customers to utilise tokenisation services that store their card details with specific retailers in the form of safe and encrypted tokens, removing the need to repeatedly enter their details at checkout. This improved transaction security while offering a frictionless payment journey.
The Token Service Provider certification is a process that validates a third-party company to handle network tokens on behalf of issuers. It is specific for each network and ensures that the provider meets the required security standards and can provision, manage, and maintain network tokens for digital payments across multiple channels.
Advancing secure digital payments
Additionally, Unlimit is optimising checkout performance for merchants through its integration with Visa and Mastercard’s networks. Retailers and merchants can expect a better checkout process, reduced cart abandonment rates, and heightened payment security, key features for maximising conversion rates. Digital payments are projected to exceed 130 billion transactions by the end of 2025, making it a fast-growing market.
Tokenisation services complement Unlimit’s existing solutions in India, which include Unified Payments Interface (UPI), wallets, net banking, and card payments, including RuPay, India’s own card payment network. Gaining the certification from Mastercard and Visa is key to Unlimit’s expansion in India, validating its features and security standards and opening access to modern tokenisation solutions that strengthen its market presence. Unlimit’s integration with these card networks ensures that its merchants can offer secure and simple payment experiences to their customers.
The Token Service Provider certification reflects Unlimit’s commitment to offering modern payment infrastructure across emerging and established markets. The initiative follows the company’s continued expansion, which highlights its ability to navigate complex regulatory environments while delivering improved payment solutions.
For more information about Unlimit, please check out their detailed profile in our dedicated, industry-specific Company Database.
