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.
It defines digitalization as âthe use of digital technologies to change a business model and provide new revenue and value-producing opportunities; it is the process of moving to a digital business.â Similar to Wikipedia, Gartner also says, âDigitization is the process of changing from analog to digital form.â.