NFC TIMES Exclusive – While Visa has said it is waiving tokenization fees for issuers that join its commercial tokenization hub, VDEP, and use its Visa Token Service, some observers believe the network will charge the fees sooner or later.
NFC Times has obtained a schedule of tokenization fees released by Visa before it introduced VDEP in mid-2015. The document gives an idea of what Visa’s tokenization fees might look like when it eventually charges issuers for its Visa Token Service, or VTS. The document, from Visa Europe, also was released before it was acquired by Visa Inc. (See table below.)
Visa has failed to respond to repeated requests for answers about its tokenization rules and policies from NFC Times.