Gartner, Inc., a renowned information technology research and advisory company, recently released the report, Market Guide for Merchant/Acquirer Tokenization of Payment Card Data. One of the featured vendors? CardConnect.
The gist of Gartner’s report is rather simple: tokenizing sensitive data is a key element in ensuring payment system security. Gartner elaborated further and encouraged businesses adhere to a certain set of tokenization standards with the goal of eliminating all stored cardholder data (CHD).
Gartner dives into the key advantages of implementing tokenization. You’ll have to access the report to learn the full details, but they boil down to three main areas:
The CardConnect Solution
In their report, Gartner highlights CardConnect as a representative tokenization vendor. Our solution, CardSecure, provides both on-premise and off-premise tokenization, delivering protection for CHD and personally identifiable information (PII). CardSecure’s tokenization can be combined with our PCI-certified point-to-point encryption (P2PE) offering and supports all major payment operations, including EMV and can be integrated with popular ERP solutions, such as SAP, Oracle EBS and Cloud, JD Edwards and InforM3.
CardConnect tokenization and our security offering as a whole will continue to develop over time, ensuring our merchants are fiercely protected by industry-leading techniques. Click here to learn more.