CUB3PAY provides network tokenization solutions that replace sensitive payment data with unique tokens, enhancing security and reducing fraud in digital transactions. By streamlining payment processes, the company addresses the rising challenges of data breaches and consumer trust in the rapidly evolving digital commerce landscape.
Funding
Funding not disclosed
Founders
Product
Problem
Digital transactions face increasing threats from data breaches and fraud, impacting consumer trust and requiring merchants to implement complex security measures. Traditional payment methods expose sensitive card details, increasing the risk of unauthorized access and misuse during online transactions.
Solution
CUB3PAY provides network tokenization solutions that replace sensitive payment data, such as Primary Account Numbers (PAN), with unique, cryptographically generated tokens. These tokens are merchant-specific and unusable outside the intended transaction, reducing the risk of data breaches and fraud. The solution streamlines payment processes by enabling secure storage of tokenized cards across devices and automatic updates upon card expiration or reissue. CUB3PAY's tokenization services are fully compatible with the EMV Payment Tokenization Specification, ensuring seamless integration with existing payment infrastructures and compliance with industry standards.
Target Audience
CUB3PAY targets online merchants, financial institutions, and payment service providers seeking to enhance the security and efficiency of digital transactions while reducing fraud risks and PCI DSS compliance burdens.
Features
- Network tokenization that replaces sensitive card data with unique tokens
- Merchant-specific tokens that cannot be used with unauthorized merchants
- Dynamic tokens with cryptograms or one-time-use values for enhanced protection
- Automatic token updates for card expiration or reissue via Account Updater services
- Support for various payment methods, including mobile wallets and QR code payments
- Integration with card networks (e.g., Visa, Mastercard) for secure ecosystem collaboration
- PCI DSS compliance scope reduction for merchants handling tokens instead of PANs
- Support for Strong Customer Authentication (SCA) requirements