Four reasons why tokenization matters to businesses like yours Tokenization may sound complicated, but its beauty is in its simplicity. Tokenization substitutes a string of random numbers—known as a token—for private data like payment account numbers. Instead of your full private number passing through multiple systems of varying security, your personal data is tokenized at point of entry. The actual data the token references is stored in highly secure token vaults. Tokenization makes the process of accepting payments easier and more secure for businesses. Tokenization is more than just a security technology—it helps create seamless payment experiences and satisfied customers. Tokenization reduces risk from data breaches, helps foster trust with customers, minimizes red tape and drives technology behind popular payment services like mobile wallets. Best of all, businesses reap all these benefits today. Let’s take a look. Tokenization reduces risk from data breaches Crimin...