Cryptoken Tokenization

What is Wisecard virtual card issuance?

Wisecard virtual card issuance is built on the Wisecard Cryptoken Tokenization Platform. Virtual cards are issued using advanced technology that ensures security and ease of use.

This technology allows for the creation of unique virtual cards for specific purposes, providing greater control over spending.

Functional Modules

1. Ensure Multi-channel Protection

Tokenization can be applied across various channels, including in-store, online, and
mobile transactions, providing a consistent and secure experience.
2. Save operational costs and maintenance fees

Issuers can save costs on the production and distribution of physical cards by issuing
virtual cards via mobile banking app to reduce the issuance of physical cards. The ease
of creation and deletion of virtual cards offers users more control in their spending
habits.
3. Provide an extra layer of security

During online or mobile transactions, tokens are used instead of actual financial
information, making it safer for users to engage in digital payments. By using tokens
for transactions, even if intercepted, the tokens are meaningless to unauthorized users,
enhancing security and preventing fraud. Our system supports the use of dynamic
tokens that change with each transaction, adding an extra layer of security compared
to static tokens.

Advantages

By using tokens for transactions, even if intercepted, the tokens are meaningless to unauthorized users, enhancing security and preventing fraud. Our system supports the use of dynamic tokens that change with each transaction, adding an extra layer of security compared to static tokens.

What is Wisecard virtual card issuance?

Functional Modules

Advantages

Architecture

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