VGS and PAAY Join Forces for Tokenization and 3DS

We're excited to announce a partnership between Very Good Security (VGS) and PAAY, combining the world's leading payment tokenization with best-in-class EMV 3DS authentication.

About VGS

VGS is the world's leader in payment tokenization, holding 4 billion tokens globally while storing 70% of all US card data. VGS offers a processor and token-agnostic card management platform with a vault that securely stores, tokenizes, and transmits PII and card data.

How It Works

The partnership enables PAAY merchants to use the VGS payments hub and vault to securely share sensitive PCI data and 3DS verification across their Payment Service Providers (PSPs). VGS can securely share PANs with PAAY to ensure that the payer is the card owner, with 3DS verification shifting liability onto the cardholder's issuing bank.

Benefits for Merchants

• Secure tokenization and 3DS authentication in a single workflow
• PCI compliance simplified through VGS vault integration
• Liability shift onto the card issuer through 3DS verification
• Seamless sharing of sensitive card data across PSPs

This partnership represents a major step forward in making ecommerce safer for both merchants and consumers. By combining VGS's tokenization capabilities with PAAY's 3DS authentication, merchants get a comprehensive security solution that reduces fraud while maintaining a seamless checkout experience.