TokenEx Advances Card Lifecycle Management to Enable Strategic Payment Processing
TULSA, Okla., Oct. 19, 2023 /PRNewswire/ -- TokenEx, the leading independent cloud tokenization provider, today announced multiple updates to the TokenEx Universal Tokenization Platform, which streamlines card lifecycle management to increase merchant security, PCI compliance, and revenue. The newest features, Account Updater, BIN Lookup, and Network Tokens, enable merchants to realize the strategic benefits of payment processing.
- The newest features, Account Updater , BIN Lookup , and Network Tokens , enable merchants to realize the strategic benefits of payment processing.
- According to Gartner ®, digital commerce payment technologies should, "Treat payments as strategic, and create opportunities to increase revenue and profit by managing the payment experience and increasing acceptance rates.
- Optimize transaction routing — TokenEx BIN Lookup provides critical payment card data to route payment transactions, leading to increased authorizations, less fraud, and lower processing costs.
- "As payment experts, TokenEx understands that the success of our customers starts with a payment strategy focused on security, compliance, and revenue," said Hetal Giaimo, SVP of Product & Technology at TokenEx.