Glossary

Token/Security Token/Authorisation Token

A token, in the context of both authentication and payment security, serves as a pivotal security measure but functions differently within each realm.

In both cases, tokens are essential for enhancing security. In authentication, they help verify user identities and manage access rights, while in payment systems, they protect sensitive financial data from fraud and unauthorized access. This dual role of tokens underscores their importance in modern digital security protocols, safeguarding personal identities and financial transactions in an increasingly interconnected world.

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