Worldpay OmniToken helps secure transactions, minimize fraud and reduce risk, while helping you perform routine payment functions. Card-on-file [COF] (also called “credential-on-file”) is when a business, with the cardholder’s consent, stores the payment card data.
Customers love the convenience of card-on-file, especially at their favorite luxury retailers. Card-on-file works for both in-store and over-the-phone transactions, saving the customer from having to read their card over the phone and wondering where the number is being written or stored. Runit and Worldpay offer card-on-file with maximum convenience and security.
Runit makes it easy to manage card-on-file within the receipt, without the need to open up the customer’s profile just to add or look at a customer’s available payment cards.