FEATURE SNAPSHOT

Forter Tokenization

Improve payment performance, reduce card vaulting costs, and enhance card security

Securely storing payment cards is crucial for seamless customer experiences and maximizing authorization rates. But maintaining an updated card vault can be challenging, costly, and lead to a loss of control for merchants.

Forter empowers merchants to retain control of their card vaults while enhancing authorization rates, maintaining security, and reducing costs — offering processor-agnostic tokenization and enabling merchants to maintain a single card vault while routing transactions to any processor.

Additionally, Forter helps merchants increase authorization rates and reduce costs when managing their card vaults. Forter Tokenization intelligently recommends when to use network tokens to boost authorization rates and identifies the optimal time to update account numbers to lower costs, all while maintaining a seamless customer experience.

Use Cases

? Unlock a Multiprocessor Strategy: With agnostic tokenization, your vaults remain independent of any processor, enabling you to route transactions to the best-fit processor

? Enhanced Card Security: Tokens are unique to each merchant, limiting opportunities for fraudulent transactions and ensuring secure, merchant-specific payments

? Lower Payment Costs: Reduce card update costs and use tokens to lower interchange fees, improving payment efficiency and reducing overall expenses

? Boost Conversions: Provide a seamless checkout experience, even when a saved card expires or is updated, ensuring no disruption for customers

Capabilities

PCI Tokenization

Forter’s PCI Tokens are unique, non-sensitive values that replace primary account numbers (PANs) in the payment flow. Forter provides a hosted field embedded directly on your checkout page to securely collect card numbers, generate tokens, and store them in a secure, agnostic vault.

Network Tokenization

Forter’s network tokens are generated in collaboration with card issuers and networks, providing enhanced lifecycle management and security benefits. Card networks maintain and update these tokens, ensuring they remain current even if the underlying card data changes. Forter leverages network tokens from Visa, Mastercard, and Amex to enhance payment security and efficiency.

Account Updater

Forter’s Account Updater builds on top of a merchant’s pre-existing vault and provides updated card data in the event of a card expiration or re-issued card number, and offers the option to update card data in real-time or in batches.

Intelligent Vault Management

Reduce payment costs by utilizing Forter Tokenization, ensuring card updates only occur when there’s an active subscription or clear buying intent. This targeted approach minimizes unnecessary updates, streamlining operations and improving payment efficiency.

Why Forter Tokenization?

? Unlock Predictive Payment Routing: Processor tokens often tie merchants to a single provider, limiting flexibility and strategic options. Forter’s agnostic tokenization solution frees merchants to use any processor, intelligently route transactions, retry declines, and optimize payment performance.

? Reduce Vault Management Costs: Recycles card updates across the Forter network and strategically manages updates, reducing the costs of maintaining an up-to-date card vault

? Seamless Compatibility with the Forter Product Suite: Minimize points of failure and enhance identity intelligence at every decision point — all while streamlining implementation for a frictionless payment experience

Forter Payment Optimization

Forter’s Payment Optimization empowers merchants to maximize authorization rates while minimizing costs by making the best decision for each transaction.

Built on Forter’s Identity Graph — the world’s largest first-party dataset of online identities — Payment Optimization enriches the payment ecosystem with deep customer insights. It employs dynamic, issuer-specific models that consider factors such as authentication, transaction data, tokenization, regulatory requirements, and processor preferences. This tailored approach ensures optimal decisions for each issuer, enhancing authorization rates, shifting chargeback liability, ensuring compliance, and reducing costs — without any additional effort from merchants.

With a processor-agnostic architecture, Payment Optimization seamlessly integrates into existing systems and offers unparalleled flexibility.