Tokenization

Replacing sensitive data, such as credit card numbers and personal information, with unique identification symbols called “tokens” ensures that critical information remains secure and inaccessible in the event of a breach. This solution provides additional protection for large enterprises that handle significant daily transaction volumes.

How tokenization works?

1

Customer data is gathered

2

Token is generated

3

The token is kept in a separate vault

6

The transaction is secured using the token

5

The token is validated

4

The token is utilized to process transactions

Suitable businesses and industries which can benefit from using CardBizPay

E-Commerce Retailers

Local Online Stores

Saas Platforms

Event Organisers

Property

Universities

Hotels & Resorts

Premium Membership Clubs

Power your business with CardBizPay today!