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.
In today’s episode for 23rd December 2021, we explain the new regulations on debit and credit cards and how it impacts everybody in the ecosystem