The fastest on-ramp to network tokens
Create and use network tokens in minutes with Evervault’s streamlined APIs. Avoid payment gateway lock-in and time-consuming direct integrations with card networks.
Talk to an ExpertWhat are Network Tokens?
Network tokens are the new standard for processing online transactions. They improve the security of cardholder data, increase acceptance rates, and decrease processing costs.
Network tokens act as a substitute to card numbers. Directly issued by Visa and Mastercard, they’re designed to work across processors and are automatically updated whenever cards change or expire.
Reduce fraud rates
Unlike card numbers, network tokens are bound to the merchant. To a hacker, a merchant token is useless. They have been proven to reduce fraud by 26%.
Maximize Revenue
Network tokens increase authorization rates by 2-3%, lower interchange fees, and reduce churn from expired or re-issued cards. Plus, they’re compatible with most payment gateways. The upshot: a boost to your revenue.
Enhance user experience
Network tokens ensure that customers do not need to manually update card information. This, as well as higher acceptance rates, means they provide a frictionless, world-class payment experience for your customers.
Implement network tokens with ease
Onboard a merchant
Use the Evervault API to onboard a merchant. Just provide basic metadata about the merchant, and Evervault can directly enroll them with the token schemes and obtain a Token Requestor ID (TRID) on your behalf.
Create a network token
Send us the credit card data (or Evervault tokens) and we’ll create a token with the relevant network for you.
Generate a cryptogram
For cardholder-initiated transactions, a cryptogram is required to authorize a transaction. Simply send Evervault a cryptogram request and we’ll return the token and the cryptogram.
Process a transaction
Send the Network Token and cryptogram any gateway of your choice. Take advantage of the reduced fees and higher authorization rates.