Can the same token be used across different payment channels?
Yes, the same token can be used to identify recurring customers across various payment channels, both online and in-store, ensuring a seamless and unified payment experience.
What is payment tokenization?
Payment tokenization replaces sensitive payment information, such as bank account numbers or other financial data, with a unique, randomly generated token. This token securely represents the original payment details during transactions, ensuring that sensitive information is never exposed or stored.
Zaver's cardless tokenized payment solution is ideal for recurring and subscription-based payments, allowing you and your customers to benefit from seamless one-click payments and uninterrupted services.
What measures are in place to ensure payment security?
At Zaver, we take a proactive approach to security and fraud prevention by developing tailored processes and machine learning models. While others may rely on generic AI solutions, we focus on creating customized algorithms that align with our rigorous standards for acceptance and risk assessment, supported by human expertise. Our comprehensive Know Your Customer (KYC) procedures and strict adherence to anti-money laundering (AML) regulations are integrated into these bespoke models to ensure the highest level of transaction integrity.
By employing advanced encryption methods, we protect your data during transmission and storage, minimizing the risk of unauthorized access and data breaches. This approach allows you to focus on growing your business with confidence, knowing that your security is handled with precision and care.
Furthermore, we are under the supervision of the Swedish Financial Supervisory Authority, as a Payment Institution.
Do you want to know more about our payment solutions?
Get in touch with our sales and support teams for product questions, integration support, demos and more.
Can’t find what you’re looking for?
Contact us – we’re here to help with any questions you might have. For payment inquiries involving personal information, we recommend using the app for the best support.