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Network Tokenization

Network tokens is a substitute for a primary account number (PAN) created by a payment network following EMVco standards. They play an essential role in achieving the seamless and secure payment experience which the major payment networks are trying to by converting all eCommerce transactions using sensitive card credentials with tokenized secure credentials using restricted tokens + dynamic one-time-use cryptograms.

Benefits of Network Tokens:

  • Better payment security due to One Time Cryptograms
  • Higher autorisation rates compared to PAN based transactions
  • Lower transaction costs (Non-network token transaction are often more expensive)
  • Reduced friction and declines because network tokens are maintained and automatically updated by card networks

The MMT Platform - Network Tokenization Service​

The Network Tokenization service of the MMT Platform delivers the connectivity to the major networks (MDES/VTS) Token Service Providers (TSPs) and function as a token requestor on-behalf of the merchant/PSP. This enables the Merchant/PSP to tokenize different card brands in a CoF storage through a single interface. To make it simple, we can divide the MMT Platform's Network Tokenization service for Merchants/PSP into three main categories:

  • Merchant Tokenization - the part of tokenizing cards and converting CoF to ToF with the payment networks.

  • Payment Processing - the part of performing payments with network tokens and one-time cryptograms.

  • Lifecycle Management - the part of performing lifecycle management of existing tokens stored at Merchant/PSP.

The process to enable our Network tokenization service can be done in two different ways depending on the prospects needs and wants. The fundamental difference being in who owns the Network Tokenization project from the scheme's perspective. The development of efforts needed to enable the connection between MeaWallet and the customer does not differ depending on who owns the network tokenization project from the scheme's perspective. However, the timeline is heavily affected by this choice.

Getting Started

1. Contact MeaWallet and choose project structure

Contact us by sending an mail to to be connected to a sales representative to start the project with us. From there onwards you have to choose which project best aligns with your companies needs. Either use our existing connections with the schemes for a fast onboarding or start your own project and utilize us as your technical vendor.

2. Start developement with MeaWallet

After you have been in contact with Sales Representative and Pre-sale Engineer you can start the project of connecting with MeaWallet. You will be assigned an Implementation Specialist to assist you with any question that you might have during the implementation.

Use the Apiary documentation found here and connect with MMT: Merchant Tokenization API · Apiary

3. Testing

After developement has been finished the implementation needs to be tested. End-to-end testing will be performed to make sure that everything works as intended.

Depending on your project structure the testing process will vary.

4. Go Live

After all of tests have been passed you officially go live.