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Accumulating customer credit and debit card numbers “in the clear” would allow merchants and enterprises to face up with the huge potential for hacking and fraud. PayCEC provides a common tokenization vault which eliminates payment information from the merchant’s network.
All essentially sensitive customer’s data would be replaced with a unique identifier or token that cannot be mathematically reversed. The actual payment data is securely stored in data centers which are operated by Visa Inc. Generally, the last four 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.
With the tokenization feature, PayCEC allows:
- The token format fits legacy payment card data fields
- Generating token by using proprietary algorithms and cannot be mathematically reversed
- Tokens support all payment actions and checkout models including one-time authorization, capture and settlement, credit, and partial credit, split capture, reauthorization, and standard checkout
Benefits for merchants
- Reduce PCI DSS scope
- Render payment card data making it meaningless to hackers
- Coordinate chargebacks and payments without handling payment data
- Compatible with your current systems and processor/acquirer
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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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