With reference to the Tokenisation of Debit and Credit Cards, consider the following statements:

1. It refers to the replacement of actual card details with an alternate code called the “token”.

2. It increases the chances of fraud arising from sharing card details.

3. Under it, a customer's card information will be available to the Merchant, Payment Gateway, or 3rd party that helps in the processing of digital transactions.

Which of the statements given above is/are incorrect?