More PCI encryption, tokenization options emerge for compliance

Personally, I am looking forward to tokenization of cardholder data and the elimination of local PAN storage greatly simplifying DSS compliance.

The use of tokens to mask sensitive data is taking hold in the payment industry, with merchants now having the option to use third-party service providers or install their own tokenization server to protect credit card data.

The market for a combined tokenization and encryption package has been simmering, buoyed by merchants trying to find ways to simplify the payment process and meet PCI encryption requirements. The latest guidance from the PCI Security Standards Council suggests that the market for tokenization and point-to-point encryption for PCI compliance is still in its infancy.

More PCI encryption, tokenization options emerge for compliance.

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