2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The entity which tokenizes the actual card credentials and de-tokenizes them whenever required is known as TSP. What does TSP stand for?
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Token System Protocol
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Token Serving Platform
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Token Service Provider
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Token Solution Provider
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Explanation:
Detailed explanation-1: -Token Service Provider (TSP) refers to the entity which tokenises the actual card credentials and de-tokenises them whenever required. Earlier only card networks were allowed to act as TSPs.
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