Tokens are set to replace card info for online payments from October 1
Image Credit: FPJ
Now 16-digit numbers or account details on payment apps, streaming services and e-commerce sites will be replaced with a unique token, which will be a combination of a card, a token request and a device. Each transaction will be performed using this token for authentication, which means the sites won’t have your information on their databases. Tokens will be used from October 10th instead of card details.