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 itssecurity.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 ande-commercetransactions while minimizing the cost and complexity of compliancewith 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/