American Express Tokenization Service helps create a safer online and mobile payments environment for consumers by replacing a card’s primary account number (PAN) with a unique surrogate value that may be used to conduct payment transactions. Tokenization is becoming increasingly popular with Issuers and Merchants due to the security benefits it provides. Payment tokens in particular, allow for a seamless payment journey that is transparent to the Cardmembers without impacting Merchant revenue continuity.

The American Express Tokenization Service is a suite of solutions that includes a token vault, payment token issuing and provisioning, token lifecycle management, and risk services to help prevent fraud. 

There are two types of tokens: security tokens and payment tokens. American Express supports the provisioning and generation of payment tokens. The American Express Token Service is available for Card Issuers, Acquirers, and Merchants on the American Express Network.