Tokenization
Check our Function Matrix to find out which payment providers support tokenization.

Definition

Tokenization means the storage of the credit card and is usually the first step of the payment process. This is a request to determine whether the amount to be paid can be made using the credit card presented. The card issuer has the option to approve or reject this authorization request.
The credit card data is thus stored as a token for the customer, simplifying and accelerating the payment process.
In the case of tokenization, there is never a guarantee that the amount can be debited. The expiration date and card number are checked, but no credit limits are requested. Accordingly, there is no guarantee that the card can actually be debited. The advantage of tokenization is that the card can be stored for an unlimited period of time.

Enhanced security through tokenization

Tokenization payments are payments where the PAN (Primary Account Number, i.e. the payment card number) is replaced by a token during the execution of a transaction. In tokenized payments, the PAN is not transmitted during the transaction, which increases the security of the payment.

Integration

Via API or Gateway

In our Developers-Docs you can find the instructions for implementing tokenization as a payment method via API or gateway:
Tokenization
Developer

Via Payrexx Tools

In order to activate tokenization as a payment type select "Pages > Overview" and then select "Payment information" and click on the "Tokenization" button under "Payment settings".

Subscription payments with tokenization

For subscription payments via tokenization, it is necessary to charge the stored credit cards (tokens) manually according to the desired subscription duration.
Our Developers' documentation describes how to set up subscription payments using tokenization:
Tokenization
Developer
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Definition
Enhanced security through tokenization
Integration
Via API or Gateway
Via Payrexx Tools
Subscription payments with tokenization