https://www.scmp.com/rss/518808/feed Consumers in Asia-Pacific are leading more digital lives than before – and payment tokens are at the heart of them. They help to make transactions faster, more convenient and more secure, fuelling business growth across the region. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com The use of digital payment services has really taken off in the Asia-Pacific region over the past few years, with the speed and convenience of transactions offering major benefits for both merchants and consumers. A big step forward, though, has come with the successful introduction of payment tokenisation technology, in particular the Visa Token Service (VTS), powered by Visa, the global digital payment network, which is having a significant positive impact on the e-commerce sector by enhancing... https://www.scmp.com/native/business/topics/payment-tokens-transform-business/article/3276252/asia-pacific-businesses?utm_source=rss_feed https://www.scmp.com/native/business/topics/payment-tokens-transform-business/article/3276252/asia-pacific-businesses?utm_source=rss_feed Thu, 29 Aug 2024 08:05:20 +0000 Digital payments have become a way of life for millions of consumers across Asia-Pacific, who see the benefits of being able to buy products, services and subscriptions online, often through their debit, credit or prepaid cards. Digital payments are essential for merchants engaging in e-commerce. Typically, these e-commerce sites would store a customer’s account information for immediate and future billing purposes through a process called “card-on-file”, which involves card details, such as... https://www.scmp.com/native/business/topics/payment-tokens-transform-business/article/3262938/visa-safer-simpler-smarter?utm_source=rss_feed https://www.scmp.com/native/business/topics/payment-tokens-transform-business/article/3262938/visa-safer-simpler-smarter?utm_source=rss_feed Fri, 17 May 2024 08:00:13 +0000