Network token Definition.

A token issued by the card network (Visa Token Service, Mastercard Digital Enablement Service) that replaces the PAN for a specific merchant or wallet. The network manages its life cycle: the token survives card reissuance and updates automatically. Measured benefits: 2 to 3 points higher authorization rates on stored-credential payments, and sometimes more favorable interchange.

See also

→ Tokenization→ DPAN→ PAR

Where this term appears

GuideMerchant, acquirer, PSPGuideTokenization and card authentication around the worldGuideApple Pay, Google Pay, and other walletsGuideMerchant agreements and onboardingGuideTransaction data and approval ratesGuideManaging tokenized cardsGuidePayment routing and optimizationGuideAI agent identity and mandatesGuideOmnichannel paymentsCourseReducing your decline rateCourse3DS2, SCA, and payment success ratesCourseTokenization and recurring payments

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