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High Profile Cyberattacks Continue to Spur Rapid Adoption of Payment Tokenization Solutions to US$1 Billion Market

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High Profile Cyberattacks Continue to Spur Rapid Adoption of Payment Tokenization Solutions to US$1 Billion Market
Business

Business

High Profile Cyberattacks Continue to Spur Rapid Adoption of Payment Tokenization Solutions to US$1 Billion Market

2025-05-23 00:01 Last Updated At:00:25

LONDON, May 23, 2025 /PRNewswire/ -- Payment tokenization continues to reign supreme in the payments space thanks to its ability to minimize potential points of failure and blunt the impact of failed card authorizations. New forms of payment tokenization are emerging, solidifying its position as an essential piece to the digital transaction's security puzzle. ABI Research, a global technology intelligence firm, forecasts Token Service Provider (TSP) revenue to break the US$1 billion mark by 2031 as heightened data protection concerns, security fears propelled by cyberattacks on critical institutions (notably the Colonial Pipeline incident in 2021, attacks on UK NHS hospitals, and concerns regarding the recent Spain and Portugal blackout), and new PCI-DSS 4.0 requirements spark increased demand for digital security solutions such as tokenization in the payments markets.

"Maximizing compliance with data protection and legislative data sovereignty requirements while meeting the ever-growing demand for enhanced efficiency within digital transactions is a precarious balancing act within the payments segment, calling for new and innovative technologies to rise to the challenge. Payment Tokenization has proved a viable solution thus far which has evolved to keep pace with the needs of regulation, security, and technological innovation, demonstrated by the arrival of new forms of tokenization and integration of complementary technologies, including biometrics, with tokenization to bolster its security promises, explains Aisling Dawson," Industry Analyst at ABI Research.

Headlining trends in payment tokenization including vaultless tokenization, web-based push provisioning, wearables tokens, and the integration of passkey capabilities instead of 3D Secure processes in desktop environments are expected to stir up further adoption of tokenization solutions and services across the payments ecosystem over the next five to ten years.

While North America is expected to continue to lead the pack, Europe's formidable regulatory regime pertaining to data protection and digital payments, rapid digitalization in Latin America, and the head start enjoyed by the Asia-Pacific region on tokenized funds and bonds prime the payment tokenization market for growth on a global scale.

Although payment tokenization boasts a strong growth trajectory over the next ten years, whetting Payment Service Providers (PSPs) and merchant's appetite for tokenized payment options will require heavy lifting on both the education and awareness-raising fronts. "Building a strong business case for payment tokenization requires a concrete demonstration of how tokenization solutions alleviate PSPs adherence to relevant regulatory and compliance requirements as well as how the migratory process can be eased for merchants who are reluctant to risk downtime or drops in transaction volumes. Payment Tokenization is well-placed for success, but its utility should be considered holistically across the payments ecosystem if TSPs are to truly optimize their prospects of strong revenue generation in this market," Dawson concludes.

These findings are from ABI Research's New Forms of Payment Tokenization report. This report is part of the company's Digital Payment Technologies research service, which includes research, data, and ABI Insights. 

About ABI Research

ABI Research is a global technology intelligence firm uniquely positioned at the intersection of technology solution providers and end-market companies. We serve as the bridge that seamlessly connects these two segments by providing exclusive research and expert guidance to drive successful technology implementations and deliver strategies proven to attract and retain customers.

ABI Researchæ˜¯ä¸€å®¶å…¨çƒæ€§çš„æŠ€æœ¯æƒ…报公å¸ï¼Œæ‹¥æœ‰å¾—天独厚的优势,充当终端市场公å¸å’ŒæŠ€æœ¯è§£å†³æ–¹æ¡ˆæä¾›å•†ä¹‹é—´çš„æ¡¥æ¢ï¼Œé€šè¿‡æä¾›ç‹¬å®¶ç ”究和专业性指导,推动æˆåŠŸçš„æŠ€æœ¯å®žæ–½å’Œæä¾›ç»è¯æ˜Žå¯å¸å¼•和留ä½å®¢æˆ·çš„æˆ˜ç•¥ï¼Œæ— ç¼è¿žæŽ¥è¿™ä¸¤å¤§ä¸»ä½“。

For more information about ABI Research's services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific, or visit www.abiresearch.com.

Contact Info:

Global
Jason Scheer
Tel: +1.516.624.2562
pr@abiresearch.com

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

High Profile Cyberattacks Continue to Spur Rapid Adoption of Payment Tokenization Solutions to US$1 Billion Market

High Profile Cyberattacks Continue to Spur Rapid Adoption of Payment Tokenization Solutions to US$1 Billion Market

High Profile Cyberattacks Continue to Spur Rapid Adoption of Payment Tokenization Solutions to US$1 Billion Market

High Profile Cyberattacks Continue to Spur Rapid Adoption of Payment Tokenization Solutions to US$1 Billion Market

High Profile Cyberattacks Continue to Spur Rapid Adoption of Payment Tokenization Solutions to US$1 Billion Market

High Profile Cyberattacks Continue to Spur Rapid Adoption of Payment Tokenization Solutions to US$1 Billion Market

DUBAI, UAE, Jan. 2, 2026 /PRNewswire/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, is pleased to announce its New Year Edition Daily Treasure Hunt, an exclusive six-week rewards program powering traders to build early momentum heading into 2026.

The New Year special edition Bybit Daily Treasure Hunt comes with early registration and an extended timeline tiding users over from December 30, 2025 all the way to February 9, 2026. A series of highlights spans daily trading tasks to earn points, unlimited daily draws, and grand prizes including BTC, and Bybit VIP Trial Passes.

All Paths Lead to Rewards

To start earning points, eligible Bybit users may register for the event and pick a rewards path based on their trading styles and preferences: 

  • Building Daily Trading Momentum: Traders can earn points through completing daily tasks, starting with trades as small as 10 USDT, with extra rewards for consistency by achieving consecutive trading days.
  • Exploring Bybit for More Points: Engaging with Bybit's product ecosystem and platform features for extra points.
  • Alpha Quests: Embarking on limited-time alpha missions and complete special missions featuring new Bybit products for accelerated point accumulation.

Throughout a treasure-hunting season full of surprises for Bybit's versatile traders, the points earned will convert to tangible value through various reward mechanisms:

  • Unlimited Scratch Cards: 50 points per draw with no daily limits from a pool of 1,000,000 cards
  • Hot Token Rewards: Access to a curated New Year prize pool featuring trending tokens
  • Elite Rewards: High-value rewards including BTC, VIP Trial Passes, and Hot Token airdrops

Getting a headstart in 2026 stands to be both rewarding and fun for traders at Bybit. The special-edition Daily Treasure Hunt aspires to ring in a winning year for Bybit users as they explore the digital asset class and level up their trading skills.

Terms and conditions apply. For details on eligibility and potential restrictions, users may visit: [New Year Edition] Daily Treasure Hunt: Find your alpha

#Bybit / #CryptoArk / #IMakeIt  

About Bybit

Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 80 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit's Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

DUBAI, UAE, Jan. 2, 2026 /PRNewswire/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, is pleased to announce its New Year Edition Daily Treasure Hunt, an exclusive six-week rewards program powering traders to build early momentum heading into 2026.

The New Year special edition Bybit Daily Treasure Hunt comes with early registration and an extended timeline tiding users over from December 30, 2025 all the way to February 9, 2026. A series of highlights spans daily trading tasks to earn points, unlimited daily draws, and grand prizes including BTC, and Bybit VIP Trial Passes.

All Paths Lead to Rewards

To start earning points, eligible Bybit users may register for the event and pick a rewards path based on their trading styles and preferences: 

  • Building Daily Trading Momentum: Traders can earn points through completing daily tasks, starting with trades as small as 10 USDT, with extra rewards for consistency by achieving consecutive trading days.
  • Exploring Bybit for More Points: Engaging with Bybit's product ecosystem and platform features for extra points.
  • Alpha Quests: Embarking on limited-time alpha missions and complete special missions featuring new Bybit products for accelerated point accumulation.

Throughout a treasure-hunting season full of surprises for Bybit's versatile traders, the points earned will convert to tangible value through various reward mechanisms:

  • Unlimited Scratch Cards: 50 points per draw with no daily limits from a pool of 1,000,000 cards
  • Hot Token Rewards: Access to a curated New Year prize pool featuring trending tokens
  • Elite Rewards: High-value rewards including BTC, VIP Trial Passes, and Hot Token airdrops

Getting a headstart in 2026 stands to be both rewarding and fun for traders at Bybit. The special-edition Daily Treasure Hunt aspires to ring in a winning year for Bybit users as they explore the digital asset class and level up their trading skills.

Terms and conditions apply. For details on eligibility and potential restrictions, users may visit: [New Year Edition] Daily Treasure Hunt: Find your alpha

#Bybit / #CryptoArk / #IMakeIt  

About Bybit

Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 80 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit's Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

New Year Special: Bybit Daily Treasure Hunt Kicks Off 2026 with Six Weeks of Rewards

New Year Special: Bybit Daily Treasure Hunt Kicks Off 2026 with Six Weeks of Rewards

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