By Chris Wack


Visa Inc. (V) said Tuesday that it is buying the token services and ticketing businesses from Rambus Inc. (RMBS) for $75 million in cash.

Visa intends to use the tokenization technology to replace sensitive payment information with a unique identifier, or "token," to make digital payments safer.


Write to Chris Wack at


(END) Dow Jones Newswires

June 25, 2019 10:15 ET (14:15 GMT)

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