The rapid expansion of the cryptocurrency ecosystem demonstrates the power of the blockchain to revolutionize financial services and beyond. Thus, a secure foundation of trust and transparency is needed – starting with a new approach for blockchain implementations. Vaultify Trade provides that secure foundation of trust and transparency.
The blockchain has the potential to touch all aspects of our everyday lives, from buying and trading cryptocurrency, to securing vital healthcare records, to proving that a tomato really is organic. The security challenges, specifically the vulnerability of private keys faced by the cryptocurrency market, prove that before the transformative impact of blockchain technology can be realized, a companion security measure to protect the assets themselves is needed.
Vaultify Trade is the first blockchain security platform utilizing tokenization to enable end users to invest in crypto assets with ease through their trusted mobile banking and wallet apps. Holding top cryptocurrencies in a single wallet and accessing multiple exchanges through a single interface, Vaultify Trade is bringing trust and simplicity to blockchain and crypto trading.
Token Gateway serves as a single interface to multiple network tokenization services to request EMV payment card tokens. Token gateway enables token requestors to shorten their time to market, reduce cost due to limited PCI compliancy requirements and avoid manual specification updates. Token Gateway supports tokens both for digital wallets (host card emulation) and e-commerce (card-not-present).
The way we pay is changing. Consumers are now using their PC, smartphones, wearable devices and even cars to buy goods and services. The size and value of the card-not-present (CNP) market, therefore, is increasing exponentially as payment use-cases across e-commerce, m-commerce and the Internet of Things (IoT) emerge and mature.
Card-on-file is fundamental to the digital commerce ecosystem, as it facilitates the delivery of payment methods such as one-click ordering and recurring payments. As merchants and PSPs move towards implementing card-on-file EMV payment tokenization, solutions that simplify integration and ongoing maintenance, while adding additional value, can deliver considerable competitive advantages. Token Gateways are gaining momentum in response to this, but why does the investment make sense for e-commerce retailers?