“Very Good Security (VGS), the modern standard for secure storage, exchange, and optimization of the world’s payment data, today announced that the VGS Payment Optimization suite now offers Network Tokens, a new feature that enhances the security of payment transactions while minimizing fraud and improving approval rates. A network token is a unique randomly generated identifier issued and unlocked only by a card network such as Visa or Mastercard. This secure token can then be used in lieu of a primary account number (PAN), enabling the processing of payment transactions without exposing sensitive card account data.”
