Do you shop online frequently and wonder how to protect your financial data?
Today, online shopping is part of our everyday lives. The convenience of purchasing products and services from anywhere is undeniable, but it also raises a fundamental question: How secure is my financial data with each transaction?
Security isn’t just important—it’s essential! And at Evertec, we know it. We are constantly innovating to make your peace of mind a priority in every digital payment.
Imagine a world where your most sensitive banking data is never directly exposed on the web. A world where, instead of your 16-digit card number traveling across the network, advanced technology protects it. That world is a reality thanks to tokenization, and Evertec is at the forefront of this protection.
The secret behind your security
To understand the magic of tokenization, let’s visualize the process:
- You start an online purchase: You select your products or services and reach the payment page. Here, you enter your credit or debit card information (number, expiration date, security code).
- The instant transformation: At this crucial point, before your data leaves a secure environment or travels across the internet exposed, Evertec’s technology kicks in. Our systems instantly transform your 16-digit card number and other sensitive information into a “token.”
- What is a “Token”? Think of a token as a secret, random, and unique code. It’s a sequence of numbers and letters with no mathematical or logical connection to your actual card number. It’s like a substitute—a secure alias.
- The token’s secure journey: Now, instead of your real data traveling through payment networks to your card’s issuing bank, the token makes the journey. If a cybercriminal were to intercept the communication, all they would find is a worthless code, impossible to reverse-engineer into your original data.
- Deactivating the token: Once the token reaches the end of the payment process and the transaction is authorized, the token is “deactivated” or loses its validity for that specific transaction. So even if someone were to obtain a used token, it would be useless for future transactions.
Why tokenization is your best ally?
Tokenization isn’t just another feature—it’s a fundamental layer of security that protects you in multiple ways:
- Protection against fraud: By not exposing your real data, the risk of it being stolen and used fraudulently is drastically reduced.
- Greater peace of mind: You know your financial information is safeguarded with one of the most advanced security technologies on the market.
- Seamless shopping experience: Tokenization works in the background, adding no extra steps or friction to your checkout process.
- Lower risk for merchants and banks: Storing tokens instead of sensitive data significantly reduces the attack surface for businesses and financial institutions, benefiting the entire payment ecosystem.
Innovation for your peace of mind in every transaction
Our commitment is to your security and the continuous evolution of digital payments. Tokenization is a clear example of how we innovate to give you the confidence you need when shopping online. It’s not just about making fast transactions—it’s about ensuring each one is backed by the most robust data protection technology.
So the next time you make an online purchase, rest assured that Evertec is working behind the scenes to keep your data safe. Shop freely, shop with confidence!