Tokenization

payu token

PayU Token Hub Will Help Card Networks and Banks With Tokenization

PayU –a leading online payment service provider, had made the announcement of launching its own tokenization solution –referred to as ‘PayU Token Hub.’ The given tokenization solution will be aimed at helping businesses to comply with the latest guidelines of RBI (Reserve Bank of India) with respect to online card data-centric storage. At the same …

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What is Tokenization in Payments?

If you accept credit card payments, security should be your utmost concern. Amid the PCI compliance issues, tokenization is one of the primary issues/concerns all businesses should know and understand. What is Tokenization? It sounds complicated by tokenization is literally replacing important numbers with ‘tokens’ or a string of numbers/characters for security purposes. The numbers …

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