Keep Sensitive Data Off Your Servers
Sensitive data gets passed to a secure off-site server, which returns a token to your system. That randomized token can then be stored in your system and re-used for customer purchases.
Minimize Risk
Tokenization is a great solution if you want to keep sensitive data completely off your system. The less customer data stored in your system, the less data hackers can steal during a breach.
Reduce Your PCI Compliance Burden
Tokenization can reduce your PCI Compliance burden because no sensitive data is stored in your system. This minimizes the risk, and reduces the impact, of cyber attacks.
FAQs
What is tokenization in payment gateway?
Tokenization is used to replace the 16-digit credit card number by a randomly generated string of characters, known as a token.
What is tokenization security?
Tokens are a string of random characters used to replace sensitive information, such as a credit card number. They are used during digital wallet payment transactions so that no sensitive information is transmitted during payment. A random string of characters is much more secure than a credit card number.
What is the difference between encryption and tokenization?
Encryption encrypts information such as a credit card number by using a cipher. The encrypted information can be turned back into a credit card number using the cipher. Tokenization generates a random string of numbers which replace a credit card number. The token cannot be converted back into a credit card number using a cipher.
Accept These Payment Methods Securely with Citcon
With Citcon, you can take payments from more than 100 mobile wallets, including PayPal, Venmo, WeChat Pay, Alipay, China UnionPay, Kakao Pay, Danapay, Gcash, and Alipay HK, with more payment methods added regularly.
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Delight Customers
With Citcon, you can accept customer-preferred payment methods that are more convenient, familiar, and secure than traditional card payment methods.
Streamline Checkout
Payment tokenization safeguards sensitive data and speeds up the checkout process by eliminating the need to enter debit/credit card information.
Increase Conversions
Convoluted payment systems full of tedious steps decrease conversion, whereas the speed and ease of pay realized with Citcon can help increase conversion.
Get Repeat Business
The ability to checkout quickly using tokens incentivizes repeat business. Tokens can also be used for secure ecommerce subscription payments.