A Comprehensive Guide to Credit Card Vaulting

As the digital age continues to evolve, the importance of card security measures is becoming increasingly crucial. Credit card vaulting is one of the most important components of any PCI compliance service, providing a secure way to store customer payment data. In this blog, we will review the basics of these services and provide a comprehensive guide for understanding how they work, as well as how they can protect your customers’ sensitive information. Why Is Card Security More Important Than Ever? With the rise of online transactions, cyberthreats have become a top priority for businesses everywhere. Every day, millions of customers are exposed to potential data breaches and identity theft. According to a 2023 survey conducted by the Insurance Information Institute, 33% of Americans have…

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How to Choose a Tokenization Solution

With cyberattacks becoming more sophisticated daily, companies are starting to recognize the importance of implementing proper data security measures. One technique business owners have turned to is a data security measure called tokenization.  Tokenization is an advanced security measure increasingly adopted by millions of companies across the globe. However, trying to choose the right tokenization solution can be a daunting task. Not only is the concept of tokenization hard to understand in and of itself, but hundreds of options are available to choose from, all of which offer different models. Rest assured, PCI Booking is here to help you navigate through all the jargon. Want to learn more about how to choose the right tokenization solution? Read this blog! This guide will help you to…

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How Does Credit Card Tokenization Work?

 By 2023, U.S. retailers will lose $130 billion each year on card-not-present transactions. Securing payment data is an ethical and legal obligation for businesses today. One of the best ways to make sure that customer data stays secure is with tokenization. Keep reading to learn about how credit card tokenization works and how you can start incorporating it to keep your business secure and PCI compliant.What Is Tokenization?A company can protect its sensitive data from criminal attacks with tokenization. Tokenization is the process of swapping sensitive data for “tokens”, which have no meaning or security risk associated with them. This swap is important because it adds an extra layer of security for the original sensitive data. In the case that a criminal breaches a tokenized…

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