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Visa to remove the 16-digit account number

Wednesday 18 February 2015 13:30 CET | News

Visa has expanded the use of security technology that replaces the 16-digit Visa account number with a unique series of numbers.

This will help prevent the exposure of sensitive consumer account information in online and mobile payments.

In September 2014, Visa launched Visa Token Service (VTS), a technology that replaces sensitive payment account information found on plastic cards, such as the 16-digit account number, expiration date and security code, with a unique series of numbers that can authorize payment without exposing actual account details.

Visa is a global payments technology company that connects consumers, businesses, financial institutions, and governments in more than 200 countries and territories to secure and reliable electronic payments.


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Keywords: online fraud, online security, digital identity, account number, Visa, security technology
Categories: Fraud & Financial Crime
Companies:
Countries: World
This article is part of category

Fraud & Financial Crime






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