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Why your favourite app is asking you to re-enter your card details

Finshots Daily

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Tokenize Your Card - A Logistical Nightmare

You can opt to have a unique idea for each of your cards. The merchant won't ever know the actual card number, meaning it's extremely hard for malicious entities to get their hands on these sensitive details. There are some short term concerns take for instance, the estimates that merchants could temporarily lose anywhere between 20 to forty % of revenues if banks and card networks aren't fully prepared with tokenization.

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