Secure Credit Card Data Storage
As a number of recent breaches have demonstrated, compliance does not necessarily equal security. Even companies that spend millions of dollars on security upgrades to prevent unauthorized access to sensitive data get breached. Using Braintree’s Vault, merchants can remotely store all credit card data in a Level 1 PCI DSS Compliant environment.
Merchants remotely store credit card data by replacing the sensitive information with unique tokens. Tokens can be used in the same way as credit cards but are useless to criminals. If credit card data is not present in the merchant environment, there is nothing to be stolen.
Merchants still retain full control of their data using tokens to update credit card information, generate reports, reconcile and manage single or recurring payments. Braintree’s full suite of products allows merchants to completely eliminate the handling, processing and storage of credit card data, which no only increases security, but can reduce the time and cost of achieving PCI Compliance by as much as 90%.
Functionality
- Remotely store credit card and other sensitive data in a Level 1 PCI DSS Compliant environment
- Use unique tokens to manage credit card data, reporting/reconciliation and one-time or recurring payments
- Create a payment management portal for customers to add/update/delete payment information
- Eliminate the handling, processing and storage of credit card data with no change to the user experience
- Reduce the cost and time of achieving and maintaining PCI Compliance by 90%
