Adyen and JCB have launched the card-on-file (COF) tokenisation service, to improve payment security for e-commerce transactions worldwide.  

JCB is a Japanese based payments brand and a credit card issuer and acquirer. 

“Adyen is the first to offer and implement JCB’s new technology both domestically and globally”, the press release said.  

This service replaces sensitive card details with a “secure” token to reduce the risk of data breaches and improve the payment experience for cardholders. 

It said to transform cardholder information into a secure network token, ensuring that data is not retained in merchants’ systems.  

The network aims to protect against data breaches and streamlines the payment process by keeping card data “up to date”, thereby enhancing authorisation rates for transactions. 

The service ensures that cardholders’ details are automatically updated in the token, negating the need for manual updates by customers.  

JCB Brand Infrastructure Headquarters head and executive officer Tac Watanabe said: “We are pleased to take the first step in this area through our collaboration with Adyen, a pioneer in the COF solution. Moving forward, we plan to actively implement COF tokens globally.” 

Adyen  chief commercial officer Roelant Prins said: “We are delighted to announce our collaboration with JCB in launching their COF token services both in Japan and globally, further enhancing the security and convenience for JCB cardholders and keeping pace with the projected growth of the e-commerce industry.  

“We are committed to making tokenisation technology available across various payment platforms, including mobile payments, to significantly enhance security for customers and increase authorisation rates.” 

In March, Adyen expanded its partnership with Affirm to the UK market, allowing UK merchants to extend pay-over-time solutions to their customers.