Tokenization Management

Tokenization Management software for payments allows issuers and payment processors to perform the role of a Token Service Provider: entities that are responsible for the generation, storage, de-tokenization and lifecycle management of dynamic PAN/ tokens within a transaction as defined by EMVCo.


Tokenization Management is used by card issuers to manage payment tokens, digital wallet providers to deliver tokens to support NFC payments, and merchants to replace card on-file storage of PANs.

Such a solution offers the APIs, token vault, token provisioning and lifecycle management functionality required to:

  • Operate, maintain and manage a token vault
  • Generate and issue ‘surrogate’ PANs
  • Offer de-tokenization services for transaction authorizing and clearing
  • Secure access to data and functions
  • Secure provisioning

Tokenization process

EMV payment tokenization replaces the need for merchants or digital wallet operators to store personal account numbers (PANs). Personal account numbers are protected by replacing them with a unique alternate or dynamic PAN. These tokens can only be used temporarily at a
designated channel or merchant; card data obtained from data breaches are therefore useless. It also provides increased control by facilitating card-not-present payments and removing confidential consumer credit card data from the network.

What is Payment Tokenization?


Bell ID® Tokenization Manager

Bell ID® Tokenization Manager enables token requesters such as banks, digital wallet providers and merchants to securely manage and replace personal account numbers for EMV card and mobile NFC payments.

Tokenization Manager functionalities

Bell ID® Tokenization Manager operates and manages a secure database, the token vault, where the mapping between the real PAN and the dynamic PAN is stored. To authorize a transaction the tokenization manager de-tokenizes the PANs and manages clearance and recycling. It also generates cryptographic data and gives access to securely manage the lifecycle of the token.
Bell ID® Tokenization Manager is an independent product which may be used stand alone or in combination with a token lifecycle management product such as Bell ID® Secure Element in the Cloud. Bell ID’s tokenization solution provides Token Service Provider functionality in line with EMVCo’s EMV Payment Tokenization Specifications.




Token Vault

Domain Management

Clearing/ Settlement Support

Identification and Verification

Bell ID Tokenization Manager
More information?
Bell ID® Tokenization Manager
Download the Bell ID® Tokenization Manager brochure to learn how banks, digital wallet providers and merchants can securely manage and replace personal account numbers for EMV cards and mobile NFC payments.