AsiaPay Debuts Tokenisation Service for Asia-Pacific Merchants
AsiaPay has launched an all-in-one card tokenisation service for merchants across Asia-Pacific, integrated into its PayDollar payment platform. This service aims to standardise digital card payments across seven international card brands and support merchants operating in multiple Asian markets.
The product covers Visa, Mastercard, American Express, UnionPay, JCB, Discover, and Diners Club. Tokenisation replaces card details with encrypted substitutes during transactions, reducing the need for merchants to handle or store sensitive payment data.
AsiaPay's CEO Joseph Chan said that digital payments growth comes with security challenges, but their tokenisation solution empowers merchants to future-proof their payment systems and enhance trust through a seamless checkout process.