Cryptocurrency Q&A What is Mastercard token?

What is Mastercard token?

KimonoElegance KimonoElegance Thu Dec 05 2024 | 7 answers 1379
I'm trying to understand what a Mastercard token is. Can someone explain it to me in simple terms? I want to know how it works and what its main purpose is in the context of payments and transactions. What is Mastercard token?

7 answers

Tommaso Tommaso Sat Dec 07 2024
Tokenization represents a method of securing payment information.

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AmyDavis AmyDavis Sat Dec 07 2024
These tokens serve as a substitute for the actual card number.

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amelia_jackson_environmentalist amelia_jackson_environmentalist Sat Dec 07 2024
It involves replacing the primary account number (PAN) found on a plastic card.

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SamuraiBrave SamuraiBrave Sat Dec 07 2024
The PAN is typically a 16-digit number.

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Alessandro Alessandro Sat Dec 07 2024
Instead of using the PAN, a unique alternate card number, known as a “token,” is utilized.

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