Visa says tokenisation key to e-commerce security

A person shops online using their smartphone. - Shutterstock

JAKARTA (The Jakarta Post/ANN): Financial service company Visa has spoken out about the need for e-commerce platforms to adopt security measures such as tokenisation to boost protection given the rise of e-commerce users in Indonesia during the pandemic.

Tokenisation, which replaces sensitive data such as credit card numbers with tokens, can eliminate fraudsters because if the tokens are stolen, they cannot be used for transactions, according to Visa’s regional risk officer for the Asia-Pacific, Joe Cunningham.