DPay (Tokenization) Solution

The CLOWD9 DPay solution, provides you and your Cardholders with the functionality to tokenize a Virtual and/or Physical Primary Account Number (PAN) via the Schemes and *Wallet Providers, such as Apple Pay and Google Pay.

The PAN can be tokenized multiple times throughout its lifetime to support the following:

Multiple devices to be used for example, smart phone, smart watch
The device previously tokenised has been lost or stolen

Post succesful tokenization of a PAN:

The PAN becomes the Funding Primary Account Number (FPAN)
The digital token know as the DPAN is linked, also known as bound, to the FPAN
Transactions can be made via POS terminals similar to how a Physical card is used for Contactless payments

Tokenization is a easy to use solution supported by the Networks and Wallet providers whereby a Primary Account Number (PAN) is digitized with a proxy PAN, known as a Device Primary Account Number (DPAN).

Through each stage of the tokenization flow and lifecycle, there will be specific responsibilities for each party as follows:

You:

Regulated entity with the contractural relationship with the Cardholder
Provision of the mobile application
Management of the Cardholder authentication and outcomes (Yellow Path)
Relationship with the Wallet Providers, together with sending and receiving data. You may integrate with a third party to manage this
Submission of Marketing, Card Design and any other material required to be approved by the Network and Wallet Providers

Network:

Regulating the Tokenization solution between all parties
Issuance of specifications and mandates
Configuration of the BIN(s) to be tokenized
Interfaces between the Wallet Provide and CLOWD9

CLOWD9:

Ownership of the DPay solution
Ensuring compliance with the Payment Network mandates
Providing the platform to configure to support the tokenization through one or more Wallet providers.
CLOWD9 will not communicate directly to the Wallet providers
Development, delivery and ownership of the API interface between CLOWD9 and third party Token Requestor
Providing the DPAN liefcycle management via API and Vista
Providing Tokenization Event Messages to you
Authorization, Presentment Interchange & Fees Report (PIF) & Monthly Apple Pay reporting requirements
Display of DPAN information and transactional data via Vista

*A wallet provider, also known as a digital wallet or e-wallet, is a software-based system that stores payment information and passwords in one place.