Tokenization

Bolster Security & Minimize Compliance Complexity

Tokenization is a best practice technology that replaces sensitive financial account information in a transaction with a random character string, or token.The technology is used to prevent the theft of credit card or bank account data while in transmission or storage.

  • Reduces the chance of credit card or financial account theft
  • Reduces the cost of PCI-DSS (Payment Card Industry Data Security Standard) compliance
  • Allows safe scheduling and processing of future-dated and recurring credit card transactions

How it works

Instead of storing financial account information in your system, you submit that information to PaymentVision via a PayAPI web service. The PaymentVision token manager generates a token which is returned in the web service response, while the financial account information is securely stored in our token vault. You store the token in your system instead of financial account data for use with future authorizations.

Ready to start processing secure transactions?