Credit Card Glossary: Terms and Definitions
Tokenization
The process of converting a sensitive piece of data, such as a primary account number, into a unique, nonsensitive equivalent — a “token” — that retains the original data’s essential information without compromising security. Tokenization is a process used in an increasing number of credit card transactions to enhance their security.
Terms from A-Z
Search the CreditCards.com glossary for every credit-related term from "account holder" to "zombie debt." Select a letter for alphabetized terms and definitions.