Monri WSPay tokenizationService code: Monri WSPay tokenization
Cards tokenization means that registered users have the option of saving card data in such a way that they do not enter card data during the next payment, but only choose the option of paying with the saved card - Card on File (COF).
This option is suitable for users who often shop on a certain webshop and improves the user experience.
Tokenization enables the following:
- Payment by token, i.e., payment with tokenized (saved) cards by the merchant - Merchant Initiated Transactions (MIT) - however, in this case, it is also necessary to arrange additional MIT transactions with the selected cardholder.
- Recurring payments through tokens, i.e., recurring. In this case as well, additional contracting of MIT transactions with the selected cardholder is required.
It is possible to activate this service only with Monri WSPay service.
- CIT transactions
- MIT transactions, depending on the needs of the merchant
Commercial terms and conditions
At the customer's request, the merchant undertakes to permanently remove all tokenization data related to the customer.
Monri WSPay tokenization is activated exclusively with Monri WSPay service.
Monri WSPay tokenization (CoF/CIT/MIT)
|Monri WSPay tokenization (CoF/CIT/MIT)
||380,00 EUR / annually
||depending on the scope of business *
|Transaction fee for Worldline Financial Services transactions
||will be defined in contract with each point of sal **
|* Above the annual turnover of EUR 80,000, the annual fee is canceled and a variable fee is agreed at the initial price of 0.50%/transaction. The fee per authorized transaction will be defined in the contract with the point of sale, depending on the scope of business. The fee per transaction may differ depending on the conditions agreed with the point of sale and should be paid on the basis of the submitted monthly calculation
** Transaction fee for Worldline Financial Services transactions will be defined in contract with each point of sale