To be clear, I am commenting on the difference between:
"Recurring payments work by storing credit card info in tokenized form, which is still allowed".
vs.
"Recurring payments work by storing a token instead of credit card information."
Those both answer the question, but they say different things on whether "credit card information" is stored. And they say different things about whether the headline is misleading.
To use card tokens for any kind of payment, you need to integrate with some kind of card data vault, which this rule seems to also prohibit. It seems to be instructing the card brands to issue unique tokens for ever cardholder + merchant pair. No idea how that would work…
Dylan16807|4 years ago
To be clear, I am commenting on the difference between:
"Recurring payments work by storing credit card info in tokenized form, which is still allowed".
vs.
"Recurring payments work by storing a token instead of credit card information."
Those both answer the question, but they say different things on whether "credit card information" is stored. And they say different things about whether the headline is misleading.
AmericanChopper|4 years ago