Network tokens offer exciting possibilities for increasing sales and reducing payment fraud. Visa has reported that network tokenization can improve authorization rates by 4% or more and reduce fraud by 28%, making it an important tool for online businesses that accept recurring payments. However, the adoption of network tokenization by issuers and banks is still nascent. Why is this the case, and what does it mean for merchants?

Join payment industry experts as they discuss what merchants should know before implementing network tokenization. You’ll gain insights into the broader benefits of network tokenization, including improved authorization rates due to features like embedded account updater services. We’ll examine the best practices for implementing network tokenization, including how network tokens can be used in routing transactions, failover techniques, the types of providers available, and which will work best for your business. Additionally, experts will discuss how network tokenization compares to other tokenization formats and digital wallet technologies like Apple Pay and Google Pay.

Attendees of this webinar will leave with an understanding of how to leverage network tokens to boost authorization rates, reduce fraud, and support long-term business growth.