Card on File (COF), also known as stored credentials, refers to transactions where the cardholder has authorized a merchant to securely store their card details for future use. This allows merchants to initiate future purchases or recurring charges without requiring the cardholder to re-enter their card information. For subsequent transactions, the security code (CVV) is not needed, streamlining the payment process while ensuring security and convenience.
Advantages of COF
Frictionless
Allows customer to make a purchase without providing card data. It works for recurrent payments, as subscriptions.
Security
The card is stored accomplishing PCI regulations. Tokenization, encryption, and other methods that are commonly used.
Increased conversion
Since the card is stored in a secure vault, the brand assumes the transaction is risk-free, and fraud prevention engines block COF less.
Synergy with other products
Great complement for tokenization, card verification, card updater, and 3DS. Improved transaction performance and conversions.
Who should use this
The Card on File (COF) feature is tailored for merchants looking to enhance their customers’ payment experience by securely storing card information for future transactions. It is particularly advantageous for businesses offering subscription services, recurring billing, or scenarios involving frequent repeat purchases. This feature is also ideal for merchants aiming to streamline the checkout process, reduce cart abandonment, and boost conversion rates by eliminating the need for customers to repeatedly enter their payment details.
How it works
Availability
See table below for availability by country.
| Country | Availability |
|---|---|
 Brazil | check_circle_outline |
 Chile | check_circle_outline |
 Colombia | check_circle_outline |
Integrate this feature
Still need help?
We hope this article was helpful. If you still have questions, you can explore the following options:
- Merchant support: Contact our support team at sales.engineering@ebanx.com for assistance.
- Not a partner yet? Please complete the Merchant Signup Form, and our commercial team will reach out to you.