The Token Service Provider (TSP), vaults the PAN, generates a Payment Token, and associates the newly generated Payment Token with the PAN.EMVCo is an organization that manages the EMVCo format, a data transmission format - see Appendix below for more information on EMVCo. Token Service Providers are entities that must be registered with EMVCo as Token Service Providers (TSP) - see Appendix below for a list of Token Service Providers. The Issuer Bank then calls a Token Service Provider (TSP), and requests for a Payment Token. ![]() If the Issuer Bank has not partnered with Apple Pay, you cannot add that card to Apple Pay. Note that the Issuer Bank must have partnered with Apple Pay, and be part of the Apple Pay network in order for Apple to add that payment card onto the iPhone. From your PAN, the Apple Pay server identifies the credit card Issuer Bank, and then pass the PAN and your personal details to the Issuer Bank requesting a Payment Token from the Issuer Bank.Your Name, Card Expiration Date, is sent by the Apple Wallet App to the Apple Pay servers. The payment card’s PAN (Primary Account Number), along with other card related personal details i.e.a credit or a debit card) to Apple Pay, here are the steps that happen behind the scenes. ![]() When a Payment Card is added to Apple Pay
0 Comments
Leave a Reply. |