PCI Booking now offers access to card issuer Network Tokenization as an addition to PCI Booking’s tokenization. Network tokenization is payment card tokenization offered by the card issuers themselves (Visa, Mastercard, American Express). The network token can be stored in PCI Booking, either in parallel with the real card or instead of it.
Similar to standard tokenization, Network tokenization works by storing the card details with the card network and receiving a token to identify the card. A network token is in the format of a credit card and therefore can be used in all functions that require a credit card. Network tokens can be accessed by both the merchant and the processor, without either accessing the real card details. Network tokens can be used with all features in PCI Booking as it is, essentially, a card. As the actual card details are stored with the card network (or brand), the card details are kept up-to-date at all times by the card network.