Credit Card Tokenization

The risks, costs and challenges associated with storing credit card data internally is well documented. Credit card data encryption was cited as the single greatest challenge merchants face when achieving PCI Compliance in a recent Gartner and recent breaches of PCI Compliant companies has demonstrated the residual risk of internal storage.

Our unique credit card tokenization solutions allow merchants to replace credit card numbers with unique tokens that can then be used for all the same functionality. Tokens are useless to criminals and cannot be used outside of a merchant environment. Tokens can be used with existing applications to minimize process and work flow.

The benefits of tokenziation are far reaching including the reduction of PCI Compliance scope and increased security – as no sensitive data is present in a merchant environment to be stolen, even in the case of a breach.

Tokens can be up to 32 alpha numeric characters and are determined by the merchant or randomly generated. Once a token is created, it can be used for recurring billing, subsequent sales, refunds, voids, fraud management and reporting and reconciliation.

Benefits of Credit Card Tokenization

Increased Data Security: No sensitive data is present in a merchant environment to be stolen
Same Customer Experience: No change to user experience – No 3rd party hosted page
Same Data Control: Same functionality and control over credit card data
Same Acceptance Channels: Including website, phone, mail and instore
Fewer Constrictions: Operate without the burdensome required controls and procedures
Ease of Integration: Seamlessly integrated into any IT environment

Braintree PCI Compliance Compared to In House Solutions

	With Braintree	In House Approach
Time to become PCI compliant	As few as 60 days	6 to 18 months
PCI DSS Controls to meet	Less than 20	Over 200
Assessment costs to determine ‘scope’.	$0	$44,000 to $125,000*
Hardware/Software upgrades	$0	$81,000 to $568,000*
Ongoing expenses	Fixed	Variable

* Gartner estimates merchant Level 1-3

Comprehensive Solutions

Braintree Payment Solutions is a single source provider for all your payment processing needs. We offer:

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If you’re ready to start implementing powerful measures to keep vital credit card information safe from criminals and more simply and securely achieve and or maintain PCI Compliance, contact us today.