Tokenization
Secure codes for transactions with OnePay Tokenization Payment
Transform your payment process and create a more secure and hassle-free experience for your merchants and customers.
Secure technique for your handling payment information, where sensitive payment details are replaced with a token.
Secure technique for your handling payment information, where sensitive payment details are replaced with a token.
Integrate into your existing systems, allowing you a smooth transition to the tokenization process.
Tokenization Payment
What is Tokenization?
Tokenization is a payment technology that replaces your sensitive payment information, such as credit & debit card details, with a unique token that cannot be used by fraudsters. This provides an extra layer of security for your payment system, ensuring that your customers’, merchants’, and vendors’ information is always safe.
How it Works
Making your payments simple and easy
Enter your credit card number or bank account details in the virtual terminal.
In Tokenization, the entered details will be replaced with token.
The token, along with the payment amount, is transmitted to the payment processor for authorization.
Once the payment is authorized, the payment network processes and settles the funds in the merchant's account.
Features of Tokenization Payment
Safe & Tokenized Payment solution for you & your customers
Features of OnePay’s Tokenization Payments:
Fast and secure transactions
Hassle-free payment processing
Eliminates the need for storing sensitive payment information
Provides an extra layer of security to your payment system
Seamless integration with your existing payment solution
Benefits of Tokenization
Try OnePay for yourself and envision its impact on your business
Ultimate payment solution for merchants looking to provide a secure and convenient payment option for their customers and vendors.
Enhanced Security
Your payment details are never stored in your system, reducing the risk of credit card fraud.
Streamlined Payment Process
Make it faster and more convenient for both you and your customers and vendors.
Reduced Cost
Eliminate the need for expensive hardware & software, reducing your processing costs.
Statistics
Did you know?
According to a report by Juniper Research, the global tokenization market is projected to reach $2.7 trillion by 2025.
A survey conducted by the National Retail Federation found that 96% of retailers consider payment security to be a top priority.
FAQs
Frequently Asked Questions
Tokenization in payment processing offers several benefits, including increased security, compliance with data security regulations, simplified payment processing, seamless integration, and faster transaction processing.
Yes, tokenization in payment processing is highly secure. By replacing sensitive payment information with a token, the actual payment information is no longer stored or transmitted, reducing the risk of data breaches and payment information theft.
Tokenization in payment processing simplifies payment processing by replacing the need to store or transmit actual payment information. This can reduce the complexity and cost of payment processing for merchants and payment service providers.
To use tokenization in payment processing, organizations must comply with data security regulations such as the Payment Card Industry Data Security Standard (PCI DSS). OnePay Tokenization system offers APIs and other integration options that make it easy for you to integrate tokenization into your existing payment systems while maintaining compliance with data security regulations.
Tokenization provides a secure and efficient way to handle payment information, which benefits merchants, suppliers, and customers by simplifying payment processing, enhancing security, and improving the customer experience.
OnePay Tokenization can be used for many types of payment methods, including credit cards, debit cards, bank transfers, and mobile payments.
Partner with us
Looking to take your business to the next level?
Look no further than OnePay Payment Gateway! As a trusted partner in the world of online payments, we offer a range of cutting-edge solutions designed to help businesses like yours thrive and succeed in today’s fast-paced digital landscape.
