Tokenization vs. E2EE. What Works Best For Your Business?
With a high number of data breaches in the past few years, data security has been a high priority for retailers. The October 2015 EMV mandate was designed to get retailers EMV certified in order to prevent further data breaches, but it isn’t the only line of defense. Other components that play a strong role in payment security are End-to-End Encryption (E2EE) and Tokenization. E2EE is quickly becoming common to further protect credit card data and protects it while data is in motion. Tokenization focuses on encrypting data at rest as retailers store customer payment card information to track purchases and to assist in refunds.
E2EE and Tokenization are not mutually exclusive, but each method has a number of benefits depending on your specific retail business needs. What we often see retailers do is evaluate which encryption method works best for them based on the size of the company, additional costs associated with each method and whether there is increased vulnerability with one over the other.
To help shed some light on this topic, we’ve developed an infographic that details the benefits and drawbacks of E2EE and Tokenization to help companies determine which encryption method is best for their business.