Visa, Omise combat credit card fraud with token securityOver the past several years, many Thai cardholders have fallen victim to credit card number theft, with fraudsters siphoning funds using stolen card details. Credit card fraud in Thailand is expected to decline following the rollout of Visa Network Token technology. Over the past several years, many Thai cardholders have fallen victim to credit card number theft, with fraudsters siphoning funds using stolen card details. In 2024, the technology helped reduce global Visa credit card fraud by an average of 34% compared with the previous security model, based on the primary account number (PAN). After adopting the token technology, Coway improved card payment success rates by 8.5-15% compared with its previous card data system.

Source: Bangkok Post March 02, 2026 00:17 UTC