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5 Reasons That Justifya Token Management System
5 reasons that justifya token management systemSmart (chip) card schemes, whether that be for payment,identity or transpor...
1. 				 Reduces cost          When carrying out the provisioning of new services and          application updates using a ...
2. 					 Minimises risk           By using a token management system, changes to an           end-user’s personal details ...
3. 				 Simplifies operations           Simple operations are essential to the efficient work           flow of any busine...
4. 				 Secures long-term investment and ROI           Businesses need to ensure that any investment provides           lo...
5. 				 Enhances customer experience           Token management solutions also allow end-users           to personalise th...
Martin Cox              Global Head of Sales              m.cox@bellid.comWith over 20 years of expertise, Bell ID is cons...
5 Reasons That Justify a Token Management System
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5 Reasons That Justify a Token Management System

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Smart (chip) card schemes, whether that be for payment, identity or transport applications, are often implemented without token management solutions. To ensure that issuers get the most out of their token-based projects, choosing a token management platform which provides the capability to add value, now and in the future, is a logical decision.
Covered in this document are five main reasons for issuers to implement a token management system.

Reduces cost
When carrying out the provisioning of new services and application updates using a token management system, there is no need to re-issue a new card, experience downtime of services or incur new set up or issuance costs. Post-issuance personalisation therefore provides cost savings as administration, paperwork, packing and distribution costs are all reduced. Good for the bottom line and good for the environment!

Minimises risk
By using a token management system, changes to an end-user's personal details can be made post-issuance, either 'over-the-air' (OTA) to mobile devices or via reader terminals for smart cards. With mobile devices these changes can be made in real-time, minimising the risk of interim misuse and increasing the overall security for end-users and issuers alike.

Simplifies operations
Simple operations are essential to the efficient work flow of any business. Token management solutions enable the centralised management of data related to the card or mobile device, end-user and the applications, thereby enabling secure and streamlined communications. Intuitive software interfaces also mean that the solution is easy to use!

Secures long-term investment and ROI
Businesses need to ensure that any investment provides long-term ROI. By implementing a token management solution, the overall system becomes flexible enough to meet future market demands. Regardless of today’s requirements, a flexible platform enables the integration of tomorrow’s technical advancements, without the need for complete infrastructure changes.

Enhances customer experience
Token management solutions also allow end-users to personalise their daily application requirements to increase customer convenience and in the medium to long-term, increase customer loyalty. Added to that, post-issuance capability reduces the customer’s inconvenience and involvement in issuer admin processes for reissues, reinstating PINs etc.

Martin Cox
Global Head of Sales
m.cox@bellid.com

Bell ID
With over 20 years of expertise, Bell ID is considered the world’s leading provider of lifecycle management solutions for tokens (e.g. smart cards, mobile NFC phones) deployed in single and multi-application programmes.
www.bellid.com

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5 Reasons That Justify a Token Management System

  1. 1. 5 Reasons That Justifya Token Management System
  2. 2. 5 reasons that justifya token management systemSmart (chip) card schemes, whether that be for payment,identity or transport applications, are often implementedwithout token management solutions. To ensure that issuersget the most out of their token-based projects, choosing atoken management platform which provides the capability toadd value, now and in the future, is a logical decision.Covered in this document are five main reasons for issuersto implement a token management system.
  3. 3. 1. Reduces cost When carrying out the provisioning of new services and application updates using a token management system, there is no need to re-issue a new card, experience downtime of services or incur new set up or issuance costs. Post-issuance personalisation therefore provides cost savings as administration, paperwork, packing and distribution costs are all reduced. Good for the bottom line and good for the environment!
  4. 4. 2. Minimises risk By using a token management system, changes to an end-user’s personal details can be made post-issuance, either ‘over-the-air’ (OTA) to mobile devices or via reader terminals for smart cards. With mobile devices these changes can be made in real-time, minimising the the risk of interim misuse and increasing the overall security for end-users and issuers alike. For application providers, a secure management system allows each service operator to confidently access its applications on the token in order to make the relevant updates.
  5. 5. 3. Simplifies operations Simple operations are essential to the efficient work flow of any business. Token management solutions enable the centralised management of data related to the card or mobile device, end-user and the applications, thereby enabling secure and streamlined communications. Intuitive software interfaces also mean that the solution is easy to use!
  6. 6. 4. Secures long-term investment and ROI Businesses need to ensure that any investment provides long-term ROI. By implementing a token management solution, the overall system becomes flexible enough to meet future market demands. Regardless of today’s requirements, a flexible platform enables the integration of tomorrow’s technical advancements, without the need for complete infrastructure changes.
  7. 7. 5. Enhances customer experience Token management solutions also allow end-users to personalise their daily application requirements to increase customer convenience and in the medium to long-term, increase customer loyalty. Added to that, post-issuance capability reduces the customer’s inconvenience and involvement in issuer admin processes for reissues, reinstating PINs etc.
  8. 8. Martin Cox Global Head of Sales m.cox@bellid.comWith over 20 years of expertise, Bell ID is considered the world’s leading provider oflifecycle management solutions for tokens (e.g. smart cards, mobile NFC phones)deployed in single and multi-application programmes.www.bellid.com

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