Abstract: A payment card account holder interacts with his/her account issuer to trigger digitization of his/her payment account to a wallet service provider, a smart device, or a merchant, etc. The account issuer cooperates with an account provisioning service to fulfill the requested provisioning of the payment account to the desired recipient service provider/token requestor. The account issuer may also provision information about the account holder (e.g., contact information) to the service provider/token requestor.

Abstract: Provided are a system and method for distributing the digitization of a payment credential to an entity that does not have access to issuer master keys. In one example, the method includes receiving a personalization script for a payment credential, the personalization script generated by an issuer of the payment credential, generating tokenized payment information for the payment credential based on the received personalization script, wherein the tokenized payment information is generated by the digitization entity without having access to issuer master keys (IMKs) of the issuer of the payment credential, and transmitting the tokenized payment information for the payment credential to a digital wallet executing on a user device.