In the domain of payment processing and financial data security, the terms encryption and tokenization are often used—and sometimes misused—as if they are interchangeable. Yet, while both encryption and tokenization aim to protect sensitive data, they operate in fundamentally different ways, and each has unique strengths, trade-offs, and applications. Understanding...
How Tokenization Protects Customer Payment Data
In today’s digital economy, protecting customer payment data is no longer optional — it’s essential. Every time a consumer enters their credit card number, expiration date, or CVV into an e-commerce site, mobile app, or point-of-sale device, sensitive data is transferred through multiple systems. Cybercriminals continuously evolve methods to intercept...