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Visa launches new service to secure online payments

Visa launches new service to secure online payments

(StartName) – The world’s largest credit and debit card company, Visa Inc, launched a new service to replace account information on plastic cards with a digital account number known as “token”.

Visa said tokens would not carry a consumer’s account details, and online merchants and mobile devices would be able to securely store them.

(Reporting by Amrutha Gayathri in Bangalore; Editing by Joyjeet Das)

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