Author Topic: The advantages of tokenization  (Read 1363 times)

Offline Menwes2

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The advantages of tokenization
« on: April 23, 2022, 09:56:40 pm »

The beauty is that anyone can request a payment token, so a merchant can store a payment token instead of the real card number.

For example, a merchant doing recurring transactions no longer needs to store the card details. They can request a token that will only be valid for purchases with them for a particular amount. This means that the merchant no longer needs to store card details. This will reduce the compliance requirements for the merchants considerably. The same goes for mobile wallet providers. A lot less requirements needed.

Offline Silan

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Re: The advantages of tokenization
« Reply #1 on: April 23, 2022, 10:15:34 pm »
Every company needs software that will provide protection. I want to talk about payment protection and tokenization, because this is one of the most important things that can ever be. I stumbled across Very Good Security. And I can recommend them to you tokenization security https://www.verygoodsecurity.com/use-cases/tokenization-api   because this is the best free solution for any organization.
« Last Edit: April 25, 2022, 10:54:55 pm by Silan »