Summary:
NEW DELHI, Nov.
25, 2021 /PRNewswire/ -- PayU, India"s leading online payments solutions provider, announced that it has been fully certified by Mastercard and Visa as a token requestor and token provider.
After achieving this certification, PayU will now have the ability to act as token requestors on behalf of merchants.
The certification by major card networks is a significant milestone towards enabling tokenization solutions for the broader ecosystem.
As a token service provider, PayU will be able to issue, manage, and operate payment tokens, providing frictionless payment experiences.
In addition to network certification, WIBMO is actively engaged with issuers to enable Issuer Tokenisation.