Work

Tokenization in Financial Transactions

Year: 2025

Type: article

Abstract: Tokenization protects sensitive card data by replacing it with a unique digital code. Because of this, your real card number is never exposed in online or mobile transactions. Tokenization is widely used by banks and payment networks, especially to make shopping safer and easier. By preventing fraud and streamlining checkouts, tokenization indeed helps ensure your money and personal information stay secure. Altogether it’s a key innovation in the evolution of digital payments, giving people more confidence to pay online.

Source: Zenodo (CERN European Organization for Nuclear Research)

DOI: 10.5281/zenodo.15517536

Author: Narendra Deshmukh

Language: English

Topic: Privacy, Security, and Data Protection

Subfield: Sociology and Political Science

Field: Social Sciences

Domain: Social Sciences

Open Access status: green

OpenAlex ID: W6911974540

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