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Introduction to ISO 8583 Message Specification

My almost a decade long experience in Payment domain allowed me to understand financial transactions better. Here I will try my best to provide a simple introduction to ISO 8583

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Payment Tokenization – Authorization Flow

In the first part of Tokenization we covered the basic understanding of tokenization. In this article, we'll dive deeper to understand the tokenization based authorization flow. The following are the

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What is Payment Tokenization?

Tokenization is basically a substitution technique. Substitution is practiced to isolate data or information in an ecosystem. Payment world adopted tokenization to secure sensitive data like Primary Account Number (PAN)

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