To send an Interac e-Transfer, all you need is an email address, online access to your bank account at a participating financial institution and the email address or mobile phone number of the person that you are sending money to.
Tokenization is a method for protecting card data by substituting a card's Primary Account Number (PAN) with a unique, randomly generated sequence of numbers, alphanumeric characters, or a combination of a truncated PAN and a random alphanumeric sequence.
502 Chapter 21 Centralization and Decentralization. Centralization means pulling groups together to create order and enforce. process. It is cooperation for the greater good. It is a leveling process. It seeks. to remove the frustrating waste of money on duplicate systems, extra work, and manual processes.