Token provides software to banks to mitigate the security risks of allowing Third Party Providers accessing a bank's infrastructure. Further, banks avoid disintermediation and benefit from incremental new revenue.
Banks generate new revenue from high-value services previously not possible. Not subjected to fee caps.
Bank customers find their bank's brand front and center when conducting business online.
Be prepared for PSD2. Token's solution is fully compliant with the security requirements and XS2A.
Token integrates easily and does not affect any existing payment type infrastructure. A clean, modular architecture ensures stability and reliability.
Today's payment types were not designed for the digital era. Whether cash, checks, payment cards, or SWIFT for cross-border payments, none of them were created to support an economy that moves at Internet speed. The digital era requires a different approach to payments that emphasizes security and flexible payment types in order to support the myriad of old and new business models that must coexist.
Token's solution has been designed specifically for the digital era. Bank-issued digital money (real, not virtual) and crypto-based security combined with the ability to authorize access to a bank account using arbitrary conditions, creates a payment type never seen before. It can emulate any old payment type and allows the creation of new innovative payment types never before dreamed of.
Token welcomes you to the digital era.
Token's new payment type for the digital era allows banks to offer new high-value services that increase revenue and reduce cost while providing their customers with a far better experience.
Token is designed to meet new and upcoming regulatory compliance demands such as PSD2/XS2A in the European Union.
Online merchants using Token drastically improve the customer experience which translates into higher conversion rates. Paying with couldn’t be any easier. In a single click, the merchant is paid and receives the customer’s shipping information - even for new unregistered customers. No entering 16-digit numbers, expiration dates and security codes. No usernames, passwords or payment card details to be stolen.
Use Token to collect payments for your ad-hoc, or recurring bills. Whether electronic bills, or paper bills, Token offers fast, secure and low cost billing. Get paid sooner and rest assured that the payment and payment meta data always stay together. No more reconciling payments with account, or order numbers, etc.
Integrate Token with your e-commerce checkout experience. Add the Token Pay Now button to your electronic bills, or the QR-code to the paper bill. Heck, even create your own payment type to power your unique business model. We have several options to integrate Token with your billing infrastructure including a very simple, yet powerful API.
Karen Webster, International payments expert
Token’s potential is far greater, more valuable and more immediate than bitcoin’s and the rails that leverage the bitcoin protocol.
Paul Horlock, Head of Payments, Nationwide
A brilliant new approach to payments
Zak Holdsworth, CEO, Hint.com
I first didn't believe it could be true, but now I know. Token is revolutionary.
Former Executive, VISA
Wow, Token is so much more than I thought. What a compelling proposition! Congratulations. This can be HUGE.