The Mastercard Digital Enablement Service (MDES), a single integrated platform that allowed the digitisation of approved Mastercard card types, supported accreditation. For merchants using Mastercard tokens, MDES offers PXP Financial a Secure Card on File tokenization program, improved user experience, and greater approval rates.

PXP Financial is able to offer an extra degree of protection to its clients by utilizing Mastercard's Secure Card on File technology, which permits online and in-app purchases.

The MDES protects cardholders against identity theft by converting their most sensitive information into non-sensitive digital tokens. Experts estimate that a new identity theft case occurs every 22 seconds, and they expect this ratio to deteriorate this year.


For safe online and in-app purchases, digital tokens are utilized in place of the client's primary account number (PAN), which is kept in a token vault. Subsequently, digital tokens traverse the e-commerce platform securely, shielding any credit card information from disclosure. Tokens unique to each device offer an extra degree of protection.

halting the growth of fraud

The CEO and creator of PXP Financial, Kamran Hedjri, stated: "In today's global marketplace, ensuring cardholders can enjoy peace of mind is paramount." We are aware that retailers are under pressure to address the increase in fraud while offering easy and convenient payment options that boost revenue and cultivate a loyal consumer base.

"At PXP Financial, we take extremely seriously the responsibility we have to help merchants navigate this landscape. We strive to keep our global clientele at the forefront of payments innovation while keeping a close eye on security. This dedication is shown in our shift to using scheme tokens.

"Mastercard has an industry-leading reputation for competence in payments, and it offers a highly secure, internationally scalable solution with significant speed to market. These attributes will help our merchants gain the trust that is so important in today's world. We are happy to declare our accreditation.

Digital tokenization reduces risk and has several other advantages, such as helping to maintain PCI DSS compliance, increasing approval rates, and facilitating quicker, more effective transactions. Digital tokenization and encryption are comparable, but they are not the same. For instance, in digital tokenization, the sensitive data is never transferred outside of the originating organization.