Question 1

What is the Verestro Token Management Platform (TMP)?

Accepted Answer

Verestro TMP is a comprehensive solution designed to easily connect card issuers with Token Service Providers (TSPs) like Mastercard (MDES) and Visa (VTS). It handles card "pre-digitization" from all Token Requestors (such as Apple Pay or Google Pay) with minimal development effort required on the issuer's side.

Question 2

What Token Service Providers and wallets are supported?

Accepted Answer

TMP integrates seamlessly with Mastercard Digital Enablement Service (MDES) and Visa Token Service (VTS). By providing a single unified interface for the issuer, TMP supports popular wallets and X-Pays including Apple Pay, Google Pay, Click to Pay, Samsung Pay, Fitbit Pay, and Garmin Pay.

Question 3

What are the main benefits of using Verestro TMP for issuers?

Accepted Answer

By using TMP, issuers avoid the heavy lifting of integrating with MDES and VTS separately. The platform offers a single API interface, out-of-the-box Push Provisioning, a customizable Rule Engine for fraud detection, an Admin Panel for customer service teams, automated token lifecycle management, and mandatory reporting capabilities.

Question 4

What are the core components of the Token Management Platform?

Accepted Answer

The platform consists of four main parts:
Predigitization API: Manages the processes and risk assessments required before a payment token can be activated.
Token LifeCycle API: Connects to Mastercard or Visa APIs to automate and manage the life cycle of a token.
Admin Panel: A secure web interface for the issuer’s Customer Service teams to manage tokens, transactions, and generate reports.
Push Provisioning API: Allows issuers to initiate the card provisioning process directly from their mobile banking app or web service..

Question 5

What is Push Provisioning, and why is it important?

Accepted Answer

Push Provisioning allows your customers to add their payment cards to digital wallets (like Apple Wallet or Google Wallet) directly from your mobile banking app with a single click. This creates a frictionless experience, removing the need for users to manually type in their card details, which significantly increases card tokenization rates.

Question 6

What is Pre-digitization?

Accepted Answer

Pre-digitization is a set of processes and security checks that occur before a payment card is turned into a digital token. Verestro TMP handles all the complex requirements from Token Requestors during this phase, evaluating risk rules, device scores, and verifying card data to ensure secure token generation.

Question 7

Does the platform support automated token lifecycle management?

Accepted Answer

Yes. Verestro TMP supports both automated and manual token lifecycle management. It can handle the automated removal of inactive tokens and allows manual status changes (suspend, unsuspend, deactivate, activate) either via API or the Admin Panel.

Question 8

What kind of user notifications does the platform support?

Accepted Answer

TMP can trigger and send custom notifications, including SMS or Email OTPs for activation, notifications when a token is activated or deleted, reminders to inactive customers who haven't performed transactions, and alerts for abandoned provisioning setups.

Question 9

How does Verestro TMP handle user authentication during token activation?

Accepted Answer

TMP utilizes four standard authentication decision paths:
Green Path: The tokenization is approved automatically without requiring user confirmation.
Yellow Path: Requires additional authentication (Require Additional Authentication - RAA). The user must input an OTP code sent via SMS, Email, or an In-App verification step.
Orange Path: The token is activated by the bank manually after the user verifies their identity via the call center.
Red Path: The tokenization request is declined based on risk factors.

Question 10

What fraud prevention tools are built into the platform?

Accepted Answer

TMP provides a highly customizable Rule Engine tailored for tokenization fraud detection. It evaluates tokenization requests against criteria such as Wallet Provider device scores, wrong SMS OTP velocity, wrong CVV/Expiry Date attempts, token limits per card or device, IP address verification, and mobile phone number matching.

Question 11

What can my customer service team do in the TMP Admin Panel?

Accepted Answer

The Admin Panel is a dedicated frontend UI where authorized bank or fintech employees can:
Browse token lists and view detailed token information (status, VPAN, device info).
Manage token statuses (Activate, Suspend, Unsuspend, Deactivate).
Browse payment and transaction histories.
Generate, view, and export systemic and custom reports.

Question 12

What types of reports can be generated?

Accepted Answer

Verestro TMP includes comprehensive auditing and reporting capabilities. Users can generate standard Token and Transaction reports, daily Activity Audits (tracking all actions performed in the Admin Panel), and mandatory ecosystem reports such as automated monthly Apple Pay reports.

Question 13

Can the Admin Panel be customized to match our branding?

Accepted Answer

Yes, the TMP Administration Panel is prepared as a white-label solution and can be rebranded to match the client's corporate identity and branding guidelines. Role-based access control (Admin, Manager, Employee) is also built-in to maintain internal security.

Tokenisierung: Token-Management-Plattform

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Adrian Durkalec, CEO

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What is the Verestro Token Management Platform (TMP)?

What Token Service Providers and wallets are supported?

What are the main benefits of using Verestro TMP for issuers?

What are the core components of the Token Management Platform?

What is Push Provisioning, and why is it important?

What is Pre-digitization?

Does the platform support automated token lifecycle management?

What kind of user notifications does the platform support?

How does Verestro TMP handle user authentication during token activation?

What fraud prevention tools are built into the platform?

What can my customer service team do in the TMP Admin Panel?

What types of reports can be generated?

Can the Admin Panel be customized to match our branding?

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Ebook Token Management Platform Client Success Stories

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