Powertranz payment tokenization

What is Payment Tokenization?

Tokenization is a processes that replaces sensitive data (credit card information) with non-sensitive data. The primary account number (PAN) is replaced with a token. Tokenization protects businesses from security breaches by: avoiding the need to transmit and store sensitive information in internal databases.

PCI DSS Tokenization

Powertranz tokenization service is a PCI DSS compliant solution that allows merchants to store their customer’s card details on our platform. To initiate future charges or refunds, the merchant submits the token in lieu of the actual card number. This allows a merchant’s returning customers to complete a transaction by entering minimal payment details. Our tokenization solution removes customer card data from a merchant’s payment environment, thereby minimizing the risks associated with handling and storing card data.

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