<ul><li>Tokenization replaces sensitive data with a non-sensitive, digital representation (token).</li><li>Tokens serve as passports for streamlined and secure commerce, especially when housed in digital wallets.</li><li>Tokenization of payment credentials leads to higher authorization rates and enables real-time verification of identities.</li><li>Digital wallets are embraced by consumers for non-financial activities, online shopping, and in-store usage.</li></ul>

Digital Identities, Wallets and Tokens Give Consumers Passports to Commerce

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