What Tokenization & Encryption?
Tokenization is a security process which generates an alternate account number or “token” to represent a cardholder’s 16-digit personal account number (PAN) to facilitate a digital transaction without sharing the actual card details. A token can be restricted by device, channel, merchant, geo-location, amount, etc. By shielding cardholder account data and restricting usage, tokenization greatly reduces the risk of fraud associated with online and mobile payments.. Sensitive data, located on credit cards during a payment transaction,
Secure Card Storage
Monex conduct over 206 million secure transactions each year. Clients can avail of our state-of-the-art outsourced PCI solutions. Save time and money on expensive security options in the knowledge that Monex robust, secure solutions offer protect your valuable customer information.
Contact us today to learn how Monex can deliver a secure solution for your business.