Tokenization became a necessary element for credit card acquires that need to adhere to the stringent PCI standards.
August 2012
Tokenization became a necessary element for credit card acquires that need to adhere to the stringent PCI standards. Check Gateway believes that while they are not required for an ACH processor to be PCI compliant it is in our partners best interest as well as Check Gateway's best interest to adhere to the PCI standards.
In the World today security is the name of the game. Check Gateway has developed a proprietary tokenization platform to assist our partners secure merchant processing accounts that require this level of data security, Tokenization Plus
Tokenization Plus allows a merchant or a VAR partner (Value Added Reseller) the ability to have their customers make multiple purchases from the merchant or VAR without having to re-enter payment information. In addition, the partner is not required to store the payment information. When the initial transaction is created Check Gateway creates a “token” and provides the merchant or partner the token which is then used to notify Check Gateway of a requested debit to a consumers account. This token is then used to allow the repeat customer to continue to shop and use services without having to worry about passing sensitive information to the partner or having to worry about the storage of their personal account information.
As a partner of Check Gateway Tokenization Plus is another great solution for VAR partners, ISO's and merchants. Products like Tokenization Plus places Check Gateway firmly ahead of the others in ACH processing.
Now you can store sensitive payment information on a cloud based solution that adheres to the most stringent security protocols in the industry.
Recurring billing becomes effortless using the Tokenization system offered by Check Gateway.
For more information about Tokenization or any other products or services call one of Check Gateway's Business Development Specialists.