Credit card tokenization protects data and reduces pci scope compromised data can lead to devastating loss including hefty fines and a damaged business reputation tokenization protects credit card data and reduces your liability by replacing the sensitive information at the point of sale with random non specific ids tokens. Tokenization is often used in credit card processing the pci council defines tokenization as a process by which the primary account number pan is replaced with a surrogate value called a token de tokenization is the reverse process of redeeming a token for its associated pan value. Tokenization data security is paramount to many businesses none more so than the credit card processing industry customers need to know that personal payment information is secure at the time of transaction and merchants need to make sure the data stays secure. Credit card tokenization helps to make it easier and more secure when storing credit card information in this article well explore what credit card tokenization is how it works and how it can help your business from both a cost and operational perspective
How it works:
1. Register a Free 1 month Trial Account.
2. Download as many books as you like ( Personal use )
3. No Commitment. Cancel anytime.
4. Join Over 100.000 Happy Readers.
5. That's it. What you waiting for? Sign Up and Get Your Books.