Credit Card Tokenization

byPaytm Editorial TeamLast Updated: July 31, 2025

Meaning

Credit Card Tokenization is a process where the actual card number is replaced with a unique digital code or “token” for each transaction.

Purpose

It helps secure your card details during online or in-app purchases by hiding the real card number from merchants.

Benefits

Tokenization reduces the risk of fraud, data leaks, and unauthorized transactions.

You May Also Like

UPI App Activity LogLast Updated: October 21, 2025

Definition UPI App Activity Log records all user actions within the app, including transactions, logins, and failed attempts.…

ArbitrageLast Updated: December 12, 2025

Meaning Arbitrage refers to earning profit by buying and selling the same asset in different markets. Definition It…

What is an Amendment?Last Updated: October 14, 2024

Understanding Amendment An amendment is a formal change or adjustment made to existing documents, laws, or regulations to…

PM Jan Arogya YojanaOctober 1, 2025

Meaning This section delves into the specifics of PM Jan Arogya Yojana, a pivotal health initiative.Definition PM Jan…

Term DepositFebruary 6, 2026

Definition A Term Deposit is a savings product from financial institutions, offering fixed interest on a lump sum…

Cyber InsuranceLast Updated: December 12, 2025

Meaning Cyber Insurance protects individuals or businesses from financial losses due to cyberattacks. Definition It covers risks like…