Network Token Expertise

Network tokenization has proven to be a game-changer—boosting approval rates and reducing fraud in card-not-present transactions. A network token is a card-network-issued substitute for the actual card number (PAN) that automatically updates when the card is reissued or expires. That means your recurring payments keep flowing even if a customer's card changes, and sensitive card details aren't exposed to hackers or unnecessary parties. Issuers also favor tokenized transactions for their added security. Visa reports that using network tokens can deliver ~4% higher approval rates and up to 30% less fraud in online payments.

At Fortune 100 scale, that uplift equates to millions in recovered revenue and far fewer fraud losses, outcomes any payments leader can appreciate. But implementing network tokens across an enterprise payment stack is easier said than done. It requires direct connectivity to card networks and coordination across multiple processors, capabilities that challenge most legacy systems. That's where Modo's expertise comes in. We've built native network token support into our orchestration platform so you get these benefits through seamless integration. Modo automatically provisions and updates tokens behind the scenes and routes transactions to token-enabled processors whenever possible. The bottom line: you gain the improved success rates, security, and cost savings of network tokens with minimal effort on your part.