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payment tokenization

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00:56 Oct 11, 2021
English to Urdu translations [PRO]
Bus/Financial - Internet, e-Commerce
Additional field(s): Business/Commerce (general), Finance (general)
English term or phrase: payment tokenization
Definition from Harish Gupta, NEC Technologies India Pvt:
Tokenization is the process of protecting sensitive data by replacing it with an algorithmically generated number called a token. Often times tokenization is used to prevent credit card fraud. In credit card tokenization, the customer’s primary account number (PAN) is replaced with a series of randomly-generated numbers, which is called the “token.” These tokens can then been passed through the internet or the various wireless networks needed to process the payment without actual bank details being exposed. The actual bank account number is held safe in a secure token vault.

Example sentence(s):
  • Businesses with a base of repeat customers find mobile payment tokenization especially convenient in allowing purchases and refunds with a single click or none at all. globalpayments Integrated
  • The Opayo payment tokenization solution will capture all of the shopper's card details that will be stored on the system. Later when processing future transactions, you will send us the “token” that has already been created, instead of requesting the customer to re-enter their card details. Opayo
  • Consequently, businesses should consider developing payment tokenization systems to ensure that they safeguard the information of their consumers, while also navigating towards the future effectively. paymentsjournal
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Question posted on behalf of translation team:
GBK economics and finances specialistsGBK economics and finances specialists


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Summary of translations provided
5ٹوکنائزیشن
Raghib Akhtar


  

Translations offered


30 days   confidence: Answerer confidence 5/5
ٹوکنائزیشن


Definition from own experience or research:
ٹوکنائزیشن معیشت کے شعبے میں استعمال ہونے والی نئی اصطلاح ہے۔ اس کا کوئی حوالہ کسی لغت میں موجود نہیں ہے۔

Example sentence(s):
  • آئل ٹوکنائزیشن زیئن انکارپوریٹڈ سیکیورٹی ٹوکن کی پیش کش کا آغاز کمپنی اپنی سرگرمیوں کو نام نہاد کے ساتھ بلاکچین ٹیکنالوجی کے انضمام پر مرکوز کرتی ہے انٹرنیٹ آف تھنگ (IOT) ، جس کا مقصد سرمایہ کاروں اور صارفین دونوں کے لئے اخراجات کو کم کرنا ہے۔ یہ تمام سرگرمیاں توانائی کے شعبے سے وابستہ ہیں ، یا زیادہ واضح طور پر - تیل کے شعبے میں۔ - Token.pl  

Explanation:
ٹوکنائزیشن کی جگہ ٹوکن کاری کا استعمال بھی مناسب ہوگا۔ میں انے آنلائن اس لفظ کا استعمال تلاش کرنے کی کوشش کی لیکن مجھے لفظ ٹوکن کاری کا استعمال نہیں ملا۔ اہل زبان ہونے کی حیثیت سے میں کہہ سکتا ہوں کہ ٹوکنائزیشن سے زیادہ بہتر لفظ ٹوکن کاری ہے۔
Raghib Akhtar
India
Native speaker of: Native in UrduUrdu, Native in HindiHindi
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