CUB3PAY tokenization platform key functionalities:

1.   Token Generation: Our platform is integrated with Visa Token Services (VTS) and Mastercard Digital Enablement Service (MDES) facilitating the generation of unique tokens (substitute account numbers) that replace sensitive card data such as the primary account number (PAN). These tokens are used for transactions instead of the actual card details.

2.      Secure Storage and Management: It simplifies the management of tokenized card data, ensuring encryption and compliance with Visa and Mastercard standards to prevent data breaches or unauthorized access.

3.     Token Lifecycle Management: It handles the entire lifecycle of tokens, including creation, provisioning, linking, suspension, and deletion of tokens as necessary. This ensures tokens remain current and secure throughout their usage.

4.   Integration with Payment Systems: It interfaces with payment systems (like Visa and Mastercard) to enable the use of tokens for transactions across various channels—online, in-app, or in-store.

5.   Token Authorization and Verification: The platform facilitates token authentication during transactions to ensure the validity of the token being used, providing an extra layer of security against fraudulent activities.

 6.    Compliance and Reporting: It provides Token Manager capabilities for Life cycle management events, tracking

       token usage, and security metrics.