-
Customer care hotline Call +44 7831 065557
Are you ready for an upgrade?
Login to the new experience with best features and services
Notifications
-
As per amendment in the Income Tax Rules, PAN or Aadhaar are to be mandatorily quoted for cash deposit or withdrawal aggregating to Rupees twenty lakhs or more in a FY. Please update your PAN or Aadhaar. Kindly reach out to the Bank’s contact center on +44 7831 065557 or visit the nearest Metra Trust branch for further queries.
-
Activate your Credit Card within minutes and enjoy unlimited benefits
Accounts
Deposits
Loans
- Metra Trust Loans
-
Personal Loan
-
Consumer Durable
Loan -
Home Loan
-
Education Loan
-
New Car Loan
-
Pre-owned Car Loan
-
Two Wheeler Loan
-
Pre-owned Two
Wheeler Loan -
Commercial Vehicle
Loan -
Gold Loan
-
Loan Against Property
-
Loan Against Securities
-
Personal Loan
EMI Calculator -
Education Loan
EMI Calculator -
Home Loan
EMI Calculator
Wealth & Insure
Payments
Cards
- Metra Trust Cards
-
Ashva :
Metal Credit Card -
Mayura :
Metal Credit Card -
FIRST Millennia
Credit Card -
FIRST Classic
Credit Card -
FIRST Select
Credit Card -
FIRST Wealth
Credit Card -
FIRST WOW!
Credit Card -
Forex Card
-
Deals
-
Debit Cards
-
Co-branded Cards
-
Credit Card
EMI Calculator -
FIRST Corporate
Credit Card -
FIRST Purchase
Credit Card -
FIRST Business
Credit Card
Premium Metal
0% Forex & Travel
Lifetime Free
- Max benefits, Free for life
-
FIRST Classic10X RewardsShoppingNever Expiring Rewards
-
FIRST Millennia10X RewardsShoppingNever Expiring Rewards
-
FIRST Select10X RewardsLifestyle1.99% Forex
-
FIRST Wealth10X RewardsLifestyle1.5% Forex
-
FIRST WOW!RewardsTravelZero Forex
-
LIC ClassicRewardsInsuranceShopping
-
LIC SelectRewardsInsuranceShopping
10X Rewards
- Reward Multipliers
-
AshvaLifestyleMetal₹2,999
-
MayuraLifestyleZero Forex₹5,999
-
FIRST ClassicNever Expiring RewardsShoppingLifetime Free
-
FIRST MillenniaNever Expiring RewardsShoppingLifetime Free
-
FIRST SelectNever Expiring RewardsLifestyleLifetime Free
-
FIRST WealthNever Expiring RewardsLifestyleLifetime Free
UPI Cards
Fuel & Utility
Showstopper
Credit Builder
More
NRI Savings Account
NRI Fixed Deposit
FOREX Solutions
Transfer to NRE
Corporate Account
Cash Management Services
Corporate Lending
Treasury
MSME Accounts
Trade Services
MSME Loan
MSME Solutions
Offers
About Us
Investors
Careers
ESG
Credit Card
What is credit card tokenization? Payment security explained
Summary: Protect your online purchases with credit card payment tokenization. This security feature replaces your actual card number with a unique identifier, shielding your sensitive information from data breaches. It simplifies checkout and minimizes fraud risk, making online shopping safer and more convenient.
Entering your credit card details every time you make a purchase can be tedious, but storing them on websites raises red flags. Thankfully, credit card payment tokenization offers secure payment solutions and a seamless way to shop online.
What is credit card tokenization?
Imagine a secret code that replaces your actual credit card information during online transactions. Credit card payment tokenization is the process of creating a unique digital identifier, or token, that stands in for your sensitive credit card details (16-digit card number, expiry date, CVV) during online payments.
What is payment tokenization and how does it work?
Payment tokenization is a security measure that shields your sensitive credit card information during online transactions.
Here's how it works,
- Initiating a transaction - When you make an online purchase and choose to save your card details for future use, the website sends your card information to a secure payment gateway.
- Token generation - The payment gateway doesn't store your actual card details. Instead, it interacts with the card network (Visa, Mastercard, etc.) and requests a token.
- Secure communication - The card network securely transmits your card information to the issuing bank (the bank that issued your credit card).
- Issuing bank's role - The issuing bank verifies your card details and generates a unique token for that merchant's website. This token has no inherent value and cannot be used for fraudulent transactions elsewhere.
- Payment processing technology - The token is returned to the payment gateway, which is then sent to merchant website. The merchant only receives the token, not your actual credit card information.
- Authorisation and completion - The merchant website forwards the token along with the transaction details to the card network for authorisation. If approved, the payment is processed, and you receive confirmation.
This way, even if hackers breach the website's system, they won't be able to steal your credit card details because they'll only find useless tokens. Payment tokenization makes online shopping safer for both you and the businesses you purchase from.
Benefits of credit card tokenization
- Enhanced security - By replacing your actual card details with a token, the risk of data breaches is significantly reduced. Even if hackers gain access to the merchant's database, they cannot use the stolen tokens for unauthorized transactions.
- Convenience for users - Payment tokenization eliminates the need to repeatedly enter your card information for future purchases on the same website, making online shopping faster and more convenient.
In conclusion
Credit card tokenization is a valuable tool that can make a big difference in protecting your financial information. Metra Trust Credit Cards, with their payment tokenization feature and promising reward programs, travel and lifestyle benefits, annual fee waivers, and more, are a go-to credit card. Click here to know more and choose one that caters to your spending habits and priorities.
Disclaimer
The contents of this article/infographic/picture/video are meant solely for information purposes. The contents are generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. The information is subject to updation, completion, revision, verification and amendment and the same may change materially. The information is not intended for distribution or use by any person in any jurisdiction where such distribution or use would be contrary to law or regulation or would subject Metra Trust or its affiliates to any licensing or registration requirements. Metra Trust shall not be responsible for any direct/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information mentioned. Please consult your financial advisor before making any financial decision.