Cryptocurrency Q&A
Is tokenization mandatory?
Is tokenization mandatory?
BusanBeauty
Fri Oct 11 2024
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6 answers
1619
I'm wondering if tokenization is a compulsory step in the process I'm considering. I need to know if it's something that must be done or if it's optional based on the specific requirements of my project.
6 answers
GyeongjuGloryDays
Sun Oct 13 2024
In response to the query, it is clarified that customers have the autonomy to decide whether they wish to have their card details tokenized. This choice empowers individuals to manage their digital security preferences.
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Bianca
Sun Oct 13 2024
For those who opt against tokenization, a new procedure will be in effect from October 1st, 2022. This update underscores the importance of heightened security measures in online transactions.
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amelia_jackson_environmentalist
Sun Oct 13 2024
Specifically, cardholders who have not opted for tokenization will be required to manually input their complete card number during each online transaction. This includes the lengthy string of digits that uniquely identifies their payment card.
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CryptoProphet
Sat Oct 12 2024
In addition to the full card number, these users will also be prompted to enter the CVV, or Card Verification Value. This three-digit security code, typically found on the back of the card, serves as an extra layer of protection against unauthorized transactions.
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Raffaele
Sat Oct 12 2024
Furthermore, the expiry date of the card must also be accurately entered. This information, along with the full card number and CVV, forms a crucial part of the verification process, ensuring that only the rightful owner can authorize transactions.
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