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DSRP

Digital Secure Remote Payment (DSRP) is a tokenization-based security standard designed to enhance the security of remote payments. It involves the use of a unique digital token rather than actual card details during the transaction process. DSRP aims to protect sensitive card information by substituting it with a token that is useless to cybercriminals even if intercepted.

This method ensures the customer's payment credentials are securely stored and transmitted. Widely used in

Near Field Communication (NFC)

and

contactless payments

, DSRP contributes to a safer and more secure mobile payment ecosystem.

As mobile transactions continue to evolve, DSRP plays a crucial role in mitigating the risk of fraud, fostering trust among customers, and advancing the overall security standards in digital payment technologies.