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payment tokenization

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00:54 Oct 11, 2021
English to Indonesian translations [PRO]
Bus/Financial - Internet, e-Commerce
Additional field(s): Business/Commerce (general), Finance (general)
English term or phrase: payment tokenization
Definition from Harish Gupta, NEC Technologies India Pvt:
Tokenization is the process of protecting sensitive data by replacing it with an algorithmically generated number called a token. Often times tokenization is used to prevent credit card fraud. In credit card tokenization, the customer’s primary account number (PAN) is replaced with a series of randomly-generated numbers, which is called the “token.” These tokens can then been passed through the internet or the various wireless networks needed to process the payment without actual bank details being exposed. The actual bank account number is held safe in a secure token vault.

Example sentence(s):
  • Businesses with a base of repeat customers find mobile payment tokenization especially convenient in allowing purchases and refunds with a single click or none at all. globalpayments Integrated
  • The Opayo payment tokenization solution will capture all of the shopper's card details that will be stored on the system. Later when processing future transactions, you will send us the “token” that has already been created, instead of requesting the customer to re-enter their card details. Opayo
  • Consequently, businesses should consider developing payment tokenization systems to ensure that they safeguard the information of their consumers, while also navigating towards the future effectively. paymentsjournal
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Question posted on behalf of translation team:
GBK economics and finances specialistsGBK economics and finances specialists


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Summary of translations provided
4tokenisasi pembayaran
Badar Tsani Ramadhan
4pembayaran dengan token
Rosavendra


  

Translations offered


52 days   confidence: Answerer confidence 4/5Answerer confidence 4/5
tokenisasi pembayaran


Definition from Visa:
Tokenisasi pembayaran adalah proses mengganti nomor rekening kartu pembayaran biasa dengan token digital unik dalam transaksi daring dan seluler. Token dapat dibatasi hanya untuk transaksi dengan perangkat seluler, merchant, atau transaksi tertentu. Proses tokenisasi terjadi di balik layar dengan cara yang tidak dapat dilihat oleh konsumen.

Example sentence(s):
  • Alur tokenisasi pembayaran melalui redirection mewajibkan user untuk menampilkan halaman url eWallet provider untuk proses otorisasi linking account. Saat ini hanya tersedia untuk OVO dan Shopeepay. - Dokumentasi Xendit  
  • Memberpay adalah solusi tokenisasi pembayaran untuk BimoPay yang memungkinkan Merchant untuk menyediakan pembeli yang sering dengan proses pembayaran yang lebih cepat dan lebih aman. - Bimopay  
Badar Tsani Ramadhan
Indonesia
Local time: 02:53
Native speaker of: Indonesian
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60 days   confidence: Answerer confidence 4/5Answerer confidence 4/5
pembayaran dengan token


Definition from Arthatel:
Tokenisasi adalah proses pengubahan informasi sensitif pemegang kartu menjadi token atau kode unik dan akan dikonversi kembali oleh bank untuk proses pembayaran, dalam proses tokenisasi ini seluruh informasi kartu kredit (sebelum diubah menjadi token) dipegang sepenuhnya oleh pihak bank.

Example sentence(s):
  • Seperti yang dijelaskan oleh analis Riset dan Pasar, solusi tokenisasi akan menggantikan data kartu pembayaran dengan token unik. - Affde  
  • Adyen menjadi salah satu platform pembayaran pertama yang mendukung pembayaran dengan token (tokenized payment) dalam berbagai skema - Prnasia  
  • TenX sendiri merupakan sistem pembayaran dengan token. - Ekrut  
Rosavendra
Indonesia
Local time: 02:53
Native speaker of: Indonesian
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