Using Transaction ID for Payments standard
Where is it in your strategy? Each payment brand calls it something slightly different but they all have something like this now. Every transaction pushed through their network can now be identified with a unique transaction ID. With PCI DSS continuing to be a significant burden for merchants to handle, I can’t think of a better time to consider alternative methods for handling cardholder data after authorization. Merchants have many options when it comes to PAN replacement options. When it comes to tokens, there are typically two different options you might choose—either per-transaction tokens or per-card tokens. Merchants that want to perform analytics on purchasing behavior using just the payment card itself as a way to track purchases should go ...
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