Tokenized payments allows the storage of sensitive customer payment information such as credit card numbers and eCheck account numbers in a secure PCI certified data center. The customer or merchant can provide the credit card number via an API call or our Virtual Terminal. A unique token is returned that can be used in lieu of a credit card number for the next payment. There is no limit to the amount of customers or credit card number stored.
Tokenized payments reduces the rules and regulations that all merchants accepting credit cards are subject to from the Payment Card Industry. In most cases a simple self assessment questionnaire is all that is required.
When used in conjunction with our advanced Virtual Terminal merchants now get full control of their customer payment information like never before.