Tokenisation definition

Tokenisation means the replacement of actual card details with an unique alternate code called the “token”, which shall be unique for a combination of card and the Identified Device
View Source
Tokenisation means that users viewing content made by influencers can purchase tokens, or alternative “virtual currencies” which they can spend interacting with their favourite creators. Examples are YouTube’s Super Chat or Super Sticker that allow fan messages to be highlighted when interacting on live streams39.
View Source
Tokenisation is a reference used in credit card processing and is a process by which the primary account number (PAN) is replaced with a surrogate value called a token; "we", "us", "our" and "Scudamore's" mean Scudamores Punting Company Limited;
View Source

Examples of Tokenisation in a sentence

  • By digitisation the Payment Card via Tokenisation, the Client gives their consent to the Bank to carry out transactions with the use of Token.

  • Tokenisation shall be performed using the Payment Mobile Service installed on the Mobile Device.

  • Tokenisation shall be carried out after the Client has been verified and the Bank has received the Client's consent for Tokenisation, subject to the following conditions: stable connection of the Mobile Device to the Internet at a speed of at least 1 mbps, battery charge on the Mobile Device more than 20 % (twenty percent), no interference with the Tokenisation process (closing the Payment Mobile Service, hiding (minimising) from the Mobile Device screen, etc.).

  • The Tokenisation Database is the encrypted tokenisation database that stores and manages the validation of sensitive card data elements and associated stored procedures and technical process logic.

  • Tokenisation Service – is the process of taking sensitive information (e.g. credit card number) and substituting it with a non-sensitive string of characters, usually referred to within the payments industry as ‘Card Token’.

  • In order to carry out transactions with the use of Token, the Payment Card must be digitalised by Tokenisation through the Payment Mobile Service.

  • Agreement and Informa- Normalisation, Tokenisation and Sentence Segmen- tation of Slovene Tweets.


More Definitions of Tokenisation

Tokenisation means the conversion of a token, bank note or coin inserted into an electronic gaming machine into a multiple number of credits;
View Source