Patented Tokenization

Tokenization is a data security process used during many types of transactions that encrypts sensitive information so that it is protected from hacking. Encryption works by taking sensitive information such as a consumer’s payment card data or personally identifiable information (PII) and replacing it with a mathematically irreversible token. This token has no algorithmic relationship to the original piece of data, meaning it cannot be unlocked with a decryption code.

In addition to protecting confidential information, tokenization also reduces or entirely removes data processing systems from the scope of PCI compliance—A set of rules set forth by the Payment Card Industry Security Standards Council—Because it removes all real touch points with actual card numbers. CardConnect Goldcoast provides you with some of the most advanced transaction processing applications to protect and improve data security.