Razorpay TokenHQ

What Razorpay TokenHQ is

Razorpay TokenHQ replaces card numbers with tokens so businesses can offer customers a saved-card payment experience. Razorpay describes it as a connection between businesses, multiple card networks, and issuers. It can act as a Token Requestor linking a business to networks or issuing banks, or as a connecting layer when the business already fills that role. The launch announcement says TokenHQ works across Mastercard, RuPay, and Visa, and Razorpay says tokens can be used through other payment gateways. Standard Checkout businesses have TokenHQ enabled without integration; Custom Checkout businesses can request it on demand. API-integrated or server-to-server checkout may require zero to three weeks of integration effort, depending on existing integrations and API count. The dashboard supports tracking and controlling token requests and creating custom reports, while the APIs are described as suited to high traffic volumes. Saving a card or creating a token requires customer consent and an additional authentication factor. Razorpay says the relationship between a token and card is held in a vault owned by a card network or issuing bank. Merchants may retain the card’s last four digits and issuer name for tracking or analytics. Pricing is on request; Razorpay describes zero added cost for Standard and Custom Checkout in its article, while mentioning an S2S saved-card transaction fee without stating an amount.