Cryptocurrency Q&A What is network token cryptogram?

What is network token cryptogram?

Isabella Isabella Wed Oct 30 2024 | 7 answers 1266
I'm trying to understand what a network token cryptogram is. Could someone explain it to me in simple terms? I'm particularly interested in its function and how it relates to network security. What is network token cryptogram?

7 answers

Carolina Carolina Fri Nov 01 2024
These credentials are already on file with the relevant institution or service provider.

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CryptoPioneer CryptoPioneer Fri Nov 01 2024
This type of transaction is characterized by its one-time nature and is client-driven.

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Nicola Nicola Fri Nov 01 2024
For instance, it can be an unscheduled transaction, meaning it is not pre-planned or scheduled.

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Luigia Luigia Fri Nov 01 2024
When you initiate such a transaction, your credentials are utilized.

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amelia_jackson_environmentalist amelia_jackson_environmentalist Fri Nov 01 2024
Token cryptograms represent a distinctive type of transaction that is solely initiated by the cardholder.

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