Several companies have become Token Requestors with Visa and MasterCard however only a few have established common APIs that can connect to any network acting as the Token Service Provider. Entersekt Connekt does this and now Gemalto Trusted Service Hub:
“Gemalto’s offering provides:
Fast time to market: thanks to an off-the-shelf TSH cloud platform, pre-integrated with tokenization services from Mastercard and Visa (MDES and VTS).
Easy integration: a single connection to our platform allows access to different payment schemes.
Amodular and scalable solution: making it easy and fast to add new wallets and use cases.
As a result, more customers will be able to enjoy the benefits of convenient and secure mobile payments on their smartphones and connected devices.”
Overview by Tim Sloane, VP, Payments Innovation and Director of the Emerging Technologies Advisory Service at Mercator Advisory Group
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