epay One-Click-Pay (tokenization service)

One-Click Pay, a tokenization service for instant transaction completion without the need to enter card details.

How it works

During the customer's first transaction on the e-Shop, a unique number (token) is created, which corresponds to the card used. This way, the business stores this token instead of the sensitive payment card information. The token number is unique and cannot be used for transactions in other e-Shops (even if stolen), while the card information is stored in a secure environment of epay, significantly facilitating the certification of businesses according to the PCI DSS standard.

When the customer returns to the e-Shop for a new transaction, they will not need to enter their card details again. This significantly improves the customer experience, as they can make their transaction instantly and easily.

Recognition

The Piraeus Bank was awarded the "E-Commerce Platforms / Development" category at the e-volution awards 2014 (Silver) for the epay One-Click-Pay service.