Payments Tokenisation and Digital Enablement Ecosystem: A Critical Juncture

Create a vendor selection project & run comparison reports
Click to express your interest in this report
Indication of coverage against your requirements
A subscription is required to activate this feature. Contact us for more info.
Celent have reviewed this profile and believe it to be accurate.
5 November 2018
Zilvinas Bareisis
Restricted to registered users only

See below for details

Remote Commerce: The Next Frontier in Digital Enablement

Key research questions

  • What are digital enablement services and who are the key players?
  • What are the opportunities and challenges in digital enablement?
  • How should the industry capitalise on the digital enablement opportunity?


In the run up to Money 20/20 USA in October 2018, the main global payment networks (Visa, Mastercard, and American Express) announced concerted efforts to improve the convenience and security of remote, i.e., e-commerce and m-commerce, payments. The initiatives focus on driving merchant adoption of credential-on-file tokenisation, and on preparing to implement Secure Remote Commerce (SRC), a new framework and specifications published by EMVCo, an industry standards body.

The EMVCo payments tokenisation was introduced in 2014 with the launch of Apple Pay. However, tokenisation has so far mostly focused on supporting mobile proximity payments, the adoption of which has been slow.

We believe the cards-centric ecosystem is now at a critical juncture. Unlike proximity payments, remote commerce payments today lack standards. Deploying standards such as tokenisation, 3DS 2.0, and SRC should deliver clear benefits.

sign in or register to read more content

This Insight is Restricted


You must be a registered user to view this Insight

Subscribers should sign in to access this research.

Insight details

Industry or Business Focus
Insight Format
Geographic Focus
Asia-Pacific, EMEA, LATAM, North America