What is a saved payment method?

In short

A saved payment method is a card, bank account or wallet that a customer has agreed to keep on file with a merchant, so that later payments need no details typed again. A saved payment method is stored as a token, not as the card number itself, and Visa's rules call it a stored credential.

Also called
Stored payment method, Stored credential, Saved card
Family
Accepting payments
Facts checked

How a saved payment method works

At the first payment, or when a card is added to an account, the customer agrees to the details being kept. The gateway exchanges the card number for a token and stores the token against the customer. Later payments are sent with the token and a flag that tells the issuer the credential was stored, and whether the customer or the merchant started the payment.

What the rules say about stored cards

The Visa Core Rules of 18 April 2026 define a stored credential as information, including a payment credential, that a merchant or its agent, a payment facilitator or a digital wallet operator stores to process future transactions. Before the first transaction, the merchant submits an authorisation request for the amount due or, where no payment is due, an account verification. If that request is not approved, the merchant does not store the credential (5.8.11.1).

The card security code is never part of a saved method. The PCI Security Standards Council's FAQ 1280 states that PCI DSS does not permit card verification codes to be kept once the transaction they were collected for has been authorised, card-on-file and recurring payments included.

Why saved payment methods matter

A saved method shortens checkout to one click, and is the basis of subscriptions and other merchant-initiated payments. Network tokens keep a saved card working when the card is reissued. A provider-neutral vault lets a merchant change processor without asking customers for their cards again.

Where a saved payment method shows up in a platform

Modules that do the work

Platforms that need it

Guides that go deeper

Where it is written

The laws and standards this page's facts come from.

General information, not legal advice: what applies to you depends on your services and your market.

Every term

Start your project

Tell us the idea. We'll show you the platform.

One call is enough to map your product to the modules that already exist.

  • Response in under one business day
  • NDA on request
  • No obligation
How can we help?