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nextToken

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Tokenization services provider for payments

Overview

nextToken is a tokenization service provider to merchants and issuers. Its solution removes the card details from the payment network, replacing with a random number alias. This number cannot be decrypted to the original card network. Whenever any request for the corresponding card number comes up, nextToken takes the token number and routes it to the linked card number which is stored in a vault. The token can be for single or multi-usage.

Key facts

Founded
2016

Business model

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About nextToken

What does nextToken do?

nextToken is a tokenization service provider to merchants and issuers.

Where is nextToken headquartered?

nextToken is headquartered in Austin, United States.

When was nextToken founded?

nextToken was founded in 2016.

Which sector is nextToken in?

nextToken operates in Fraud & Identity, part of Financial Technology.

Who are nextToken's competitors?

Companies similar to nextToken include Northern Block, Cyberbeat, and PCI Vault.