Showing posts with the label Tokenization

Tokenization: Vault based Vs Vault-less

Tokenization means generating a random number as an alternative for a Credit card (PAN) number. The random number can be a Numeric/Non-numeric. It is in such a format that others cannot decode it.    *** The popular tokenization server is the Vault server. It generates a random Token for each transaction customer made at Merchant outlets. You can find how card numbers masked with junk characters in the pdf provided. Here is the  Visa Security Tokenization Pdf. Two Top Tokenization Servers. Vault based server Vault-less server What is Tokenization? 1. Vault based server It stores a  Card number (PAN) and a Token  in a Table of the Teradata database as Key and value pair. Due to the growing volume of transactions, the handling of the database became a big challenge for acquirers.  For each transaction, the vault server stores a record. That row contains both the Credit card number and its Token. When you use the same card multiple times, it generates different Tokens.  It is th