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Tag Archive: token

December 7, 2015

How Does Tokenization Work?

To understand how tokenization works, it is important to understand what it is. In simple terms, tokenization when applied to data security is a process in which a sensitive data element is substituted with something non-sensitive known as a “token.” This unique identification symbol retains all of the data’s essential information, but without compromising security. Because tokenization minimizes the amount of data that your business needs to maintain, it has become increasingly more popular for boosting security of e-commerce and credit card transactions while minimizing costs, as well as the compliance complexity associated with government regulations and industry standards. The...Read more

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