The truth about network tokens: are they worth the hype?

Organized on 27 Feb 2025 / 08:00 AM PDT / 11:00 AM EDT / 05:00 PM CET

Cosmina Hrisca

13 Feb 2025 / 5 Min Read

Network tokens offer exciting possibilities for increasing sales and reducing payment fraud. Visa has reported that network tokenization can improve authorization rates by 4% or more and reduce fraud by 28%, making it an important tool for online businesses that accept recurring payments. However, the adoption of network tokenization by issuers and banks is still nascent. Why is this the case, and what does it mean for merchants?

We examined the best practices for implementing network tokenization, including how network tokens can be used in routing transactions, failover techniques, the types of providers available, and which will work best for your business. Additionally, experts discussed how network tokenization compares to other tokenization formats and digital wallet technologies like Apple Pay and Google Pay.

Watching this webinar will give you insights into how to leverage network tokens to boost authorization rates, reduce fraud, and support long-term business growth.

Agenda

What the benefits of network tokenization are, how it works, and the uplift businesses can expect.
What the best practices are for implementing network tokenization, including working with multiple PSPs, ensuring portability between PSPs, and using network tokens across channels.
How multiple token formats can be used in payment routing to create redundancies that optimize transaction success.

The Paypers is a global hub for market insights, real-time news, expert interviews, and in-depth analyses and resources across payments, fintech, and the digital economy. We deliver reports, webinars, and commentary on key topics, including regulation, real-time payments, cross-border payments and ecommerce, digital identity, payment innovation and infrastructure, Open Banking, Embedded Finance, crypto, fraud and financial crime prevention, and more – all developed in collaboration with industry experts and leaders.