Improve Authorization Rates and Customer Experience with Secure Network Tokenization

Easily Transact with Network Tokens on Multiple Gateways

Whether you have an existing Spreedly vault or are just getting started, requesting Visa and Mastercard network tokens is as simple as storing your cards in Spreedly’s PCI compliant vault. We provide the tools to request tokens during card retention and backfilling your existing vault.

Using Spreedly’s single payments API, you can easily transact with network tokens on a variety of gateways.

Increase Your Authorization Rates and Payment Security

Network tokens are optimized by the card networks to be more secure, up to date, and trusted with issuing and acquiring banks. As a result, transacting with network tokens has been shown to lift authorization rates when compared to standard transactions.

Plus, you get the benefit of increased security in your payments flow.  Network tokenization converts sensitive PAN data into a merchant specific network that can be used at every level of the payments workflow — issuer, merchant, gateway, and acquirer.

Since transactions no longer use PAN and occur with single use cryptogram, merchants eliminate the risk of PCI data leakage during transactions.

Improve your customer experience with automatic updates, card art, and meta data

Since network tokens are maintained and automatically updated by card networks and issuing, there’s no extra work by the customer to stay up to date — contributing to a positive experience for both customer and merchant.

Customers are no longer burdened with keeping payment details up to date, and merchants can make real time retention and save decisions when a customer’s card is suspended or closed.

Network tokens also deliver issuer-specific card art and metadata that can be used to enhance the customer experience. Studies show displaying card art and last four increases customer reassurance and purchase conversion.

Additional meta data about the card type (credit, debit, prepaid) allows merchants to enhance business decisions and communication with their customers as well.