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Payments glossary · Singapore

Tokenisation

Replacing a card number with a substitute value — a token — that stands in for it in a merchant's systems and is useless anywhere else. It is what allows a business to recognise a returning customer, or to charge a saved card, without the card number ever being stored on its side. It is the single largest lever a merchant has on PCI DSS scope.

Why it matters to a merchant

This is the mechanism behind "we never store card numbers", and it is worth asking your provider to confirm in those terms. If saved cards, subscriptions or one-click repeat purchases are part of your business, the question is not whether you can do them but whether you can do them without card data landing in a system you are then responsible for securing.

Read more: PCI DSS: what a Singapore merchant actually has to do

Where this comes up

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Related terms

In this section: How a payment moves

Last updated: 2026-08-03

Written by the Uniweb Pay team, Singapore. Licence details are checked against the MAS Financial Institutions Directory, which is the authoritative source — where anything here disagrees with the register, the register wins.