Using payment tokens

[Tom Klenotic]

What are payment tokens, and how do they work?

 

[Benjamin Platta]

Tokenization helps protect sensitive payment information from data breaches or hacks. Even if a hacker intercepts a token during a transaction, they won’t be able to reverse-engineer it into the real payment information.

 

[John Holmberg]

Payment tokens work by replacing sensitive information with a secure, irreversible token that is used in place of the real payment data during transactions.

 

[SynergyTechSolutions]

Payment tokens are a key technology in making online payments more secure and efficient. Payment tokens help prevent card-not-present fraud. Since tokens don’t contain sensitive information, fraudsters cannot steal and misuse them.

 

[abuislam]

Payment tokens are digital tokens used to secure transactions without exposing sensitive financial data. They replace card details with a unique identifier, enhancing security and reducing fraud risks.