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HomeTokenization
PayCEC’s powerful tokenization feature adds an extra level of security to solves (solve) the problem of
storing card data, and helps to reduce the risk of fraud payments to the minimum.
What is Tokenization
Tokenization is a process of replacing the cardholder’s sensitive information with a unique identifier or token that cannot be mathematically reversed, so the data are passed through PayCEC payment gateway without the card details being exposed. The actual payment data is securely stored in data centers which are operated by Visa Inc.
Generally, the last 4 digits of the card will be retained by the token as a means of accurately matching the token to the payment card owner, enabling the merchant to run its operations without card data in the business environment.
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STEP 1
The customer enters their card details into the payment form.
STEP 2
A token is created in the payment gateway’s API, and sent to the token server.
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3
STEP 3
The authenticated response is returned, and a token is sent to a merchant’s system.
STEP 4
The merchant can securely process payments with a token that represents the cardholder’s data.
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How does Tokenization work?
Tokens are automatically generated in real-time during payment,
so it doesn’t slow down the process.
PayCEC was established in response to the growing need for businesses to accept online payments more quickly and easily.
With the Tokenization feature,
PayCEC allows:
Token format fits legacy payment card data fields
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Tokens are generated using proprietary algorithms and cannot be mathematically reversed.
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Tokens support all payment actions and checkout models including one-time authorization, capture and settlement, recurring and subscription billing, credit and partial credit, split capture, reauthorization, and standard checkout.
Benefits for Merchants with Tokenization
Using advanced security such as the Tokenization feature can foster customer trust as it keeps customers' payments and other personal data safe, because when data is tokenized, it is devalued, so even if a data breach occurs, the tokens are accessed by cybercriminals won't compromise the original data.
Using tokenization to reduce PCI DSS scope.
Render payment card data making it meaningless to hackers.
Coordinate chargebacks and payments without handling payment data.
Tokenization feature is compatible with your current systems and processor/acquirer.
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Ready to get started?
We would love to help you get started and support you along the way.
who we are
about us
We are honored to serve as your reliable business partner and financial service provider in the industry and other business-related services. With the help of our professional staff, to help merchants to achieve their goals for the development and expansion of the international business market.
Our payment flow has developed in the e-commerce world to perform seamlessly and effectively across all platforms and devices. We take pleasure in combining technology with customer service, to solve your concerns at the moment.
PayCEC is a fully worldwide payment network that not only allows merchants to be paid immediately and securely, but also allows them to withdraw money in multiple currencies to their company accounts.
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