Title: What is card tokenization and how to use it with Google Pay?
description: Google expanded its list of banking partners by offering a card tokenization service in its Google Pay application. We learned Google Pay app users can now use the secure digital token service on SBI, IndusInd Bank and Federal Bank debit cards and IndusInd Bank and HSBC India credit cards.
What is card tokenization? Card tokenization is a secure mode / service that allows credit and debit card holders to make digital payments using a secure digital token attached to their phone. It is one of the safest ways to make digital payments wherever credit or debit cards are involved. Is it worth using? Yes . Thanks to card tokenization, users can make payments with credit / debit cards without having to physically share their confidential data. Sensitive data (card number, CVV, etc.) is replaced with an algorithmically generated non-sensitive number called a "token" that prevents users from misusing the sensitive information of credit / debit cardholders. The most common examples of card tokenization are online payments in the Google Play Store and Apple App Store. It is worth adding that your credit / debit card information is tokenized and stored on your device to allow payments in app stores. Can an alphanumeric code be associated with a user? It turns out not.
The alphanumeric code cannot be associated with the user, credit / debit card information is safe.
Google mentions that card tokenization in the Google Pay app will also work with online merchants, providing a more native and hassle-free OTP experience without redirecting users to 3D Secure pages. This will also reduce overall transaction time. The Google Pay card tokenization feature will bring many benefits.
keywords: google pay, payments, amenities, benefits
