Within the Basis Theory vault are add-on features that work behind the scenes to keep transactions operating smoothly. No manual updates, and no interruptions caused by an outage.
Network Tokens
Payment tokens provisioned by the card networks that merchants can use to replace the Primary Account Number (PAN) and decrease chargebacks.
Merchants can leverage these always-up-to-date, secure cryptograms, and experience:
Increased approval rates
Reduced interchange fees
Fewer chargebacks
Account Updater
Cards numbers can easily become out-of-date through expiration, loss or theft, or customers requesting new card numbers.
Keep cards up to date and reduce failed transactions with two Basis Theory workflow actions:
Batch Account Updater for periodic bulk updates of vaulted card tokens.
Real-Time Account Updater for on-demand updates of individual vaulted card tokens.
3D Secure (3DS)
3DS provides an additional layer of security for card transactions by adding an identity confirmation partner to the standard confirmation between acquiring and issuing banks.
Merchants can securely authenticate transactions using agnostic 3DS, independent of payment processors, or leverage processor-specific 3DS implementations.
