PAYMENT TOKENIZATION ISN'T ONE-SIZE-FITS-ALL

Summary from the TLDR Crypto newsletter

There are three distinct payment token types: network tokens (Visa/Mastercard, best for recurring payments), Payment service provider tokens (Stripe/Adyen, secure but processor-locked), and digital wallet tokens (Apple Pay/Google Pay, great UX but not the best for subscriptions). Confusing them can lead to vendor lock-in, failed payments, or lost revenue. As payments scale globally, choosing the right tokenization strategy is a growth and reliability decision, not just a security upgrade.