Module2 Lecture 7: Tokenization and Encryption in Payment Security

In this lecture, we explore the critical role of tokenization and encryption in securing payment transactions. Learn how these technologies safeguard sensitive financial data, prevent fraud, and comply with PCI DSS standards. Whether you’re in the fintech industry, e-commerce, or a high-risk sector like gaming or crypto, understanding tokenization and encryption is essential for building a secure payment system. Tune in to gain practical insights and stay ahead in payment security!

Key Takeaways:

What is tokenization and how does it protect cardholder data?
How encryption works to secure payment information during transmission.
Best practices for implementing tokenization and encryption in payment processing.
The role of PCI DSS compliance in data security.