American Express Token Service vs Paysafe

American Express Token Service replaces a card’s primary account number with a payment token for online and mobile commerce. It includes a token vault, token issuance and provisioning, lifecycle management, and risk management. Tokens are surrogate values that can be restricted by retailer, number of uses, lifetime, and other variables, and follow EMVCo Payment Tokenization specifications. During provisioning, issuers can assess whether a card is active, suspected of fraud, eligible for tokenization, and belongs to the card member requesting the token. Lifecycle management can keep tokens current when cards are replaced, reducing manual updates to stored payment details. Listed uses include card-on-file payments, Click to Pay, digital wallets, virtual cards, browser autofill virtual card numbers, and digital or numberless cards. The service is cloud-based and supports payment cards, card-on-file credentials, digital wallets, wearables, Click to Pay, and QR code payments. Pricing is on request; the listed plan is free, with no deployment or use fees stated. Availability varies by market and enablement is required.

Paysafe is a payments platform for businesses and consumers, covering card payments, digital wallets, eCash, and local payment methods. Its REST-based Payments API connects multiple methods through one endpoint and returns JSON-encoded responses. Supported options include cards, bank transfers, cash, crypto, direct debit, vouchers, and wallets such as Apple Pay, Google Pay, Neteller, and Skrill. Paysafe Checkout can be embedded in a website and customized, with payment details sent securely to Paysafe for processing. The company offers Shopify checkout integrations and an official WooCommerce integration. Shopify checkout supports cards, Skrill, Neteller, PaysafeCard, PaysafeCash, ACH, and EFT. Paysafe lists iGaming, video gaming, e-commerce, online trading, retail, travel, and hospitality as focus sectors, and says its platform supports more than 260 payment types and 48 currencies. Its Shopify checkout page describes built-in fraud protection and 3D Secure capability. Paysafe reported PCI DSS 4.0.1 certification across payment card products, with audit controls under PCI, SOC-2, and ISAE3402 frameworks. General pricing is on request. For US and Canadian Shopify Standard plans, the listed transaction fee is 2.75% + $0.35, with zero setup and monthly fees.