Mentioned Companies:

Visa Token Service Update

The Visa Token Service (VTS) replaces a payment card’s primary account number (PAN) and expiration date with a unique 16-digit identifier or token for use in mobile wallets or by a merchant for a card-on-file payment. In the first three years after its launch in 2014, most demand for VTS involved provisioning tokens to mobile wallets such as Apple Pay. Over the last two years, demand for the service has been led by payment gateways and merchant acquirers. They want to move their merchants away from the risky practice of storing PANs. Currently, credit and debit card issuers tied to more t...

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June 2019
Headlines in this Issue
Charts in this Issue

Top Issuers of Commercial Cards in the U.S. 2018—Ranked by Purchase Volume

Investments & Acquisitions—May 2019

Top General Purpose Acquirers in Middle East and Africa 2018

Largest Visa/Mastercard Merchant Acquirers in Middle East and Africa 2018

U.S. Merchant Card Fees 2018

U.S. Visa & Mastercard Commercial Card Issuers 2018

U.S. Visa & Mastercard Purchasing & Fleet Cards

U.S. Visa & Mastercard Small Business Credit Cards

U.S. Visa & Mastercard Small Business Debit Cards

U.S. Visa & Mastercard Prepaid Cards

U.S. Visa & Mastercard Corporate Cards