Tokenization vs. Encryption

• Tokenization is the process of replacing sensitive data with unique identification symbols that retain all the essential information about the data without compromising its security .Tokenization, which seeks to minimize the amount of data a business needs to keep on hand,has become a popular way for small and mid-sized businessesto bolster the security of credit card and e-commerce transactions while minimizing the cost and complexity of compliance with industry standards and government regulations.

•The difference between Tokenization and Encryption, please refer to

http://www.protegrity.com/2011/11/the-difference-between-tokenization-and-encryption/