Most mobile payment solutions today operate on top of Tokens, with MasterCard, V... | Hacker News

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ryanknapp on March 13, 2016 | parent | context | favorite | on: Data is a Toxic Asset

Most mobile payment solutions today operate on top of Tokens, with MasterCard, Visa, and Amex serving as Token Service Providers. Tokens appear similarly to current credit card numbers (not distinguishable in some cases). Each token is a unique number used for a payment, which the TSP then links to the card on file / credit card number. Merchants only ever have access to the Token.

Android Pay, that succeeded Google Wallet, uses such tokens.

paulddraper on March 13, 2016 [–]

Android Pay succeeded Google Wallet?

I thought Google Wallet was available in many platforms, e.g. even in my browser which may or may not run Android.

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