Question

In the context of card on file tokenization, what is the significance of a 'Tokenization Vault'?

A A secure storage facility for physical credit cards Correct Answer Incorrect Answer
B A centralized database for storing sensitive cardholder data Correct Answer Incorrect Answer
C A cryptographic key management system Correct Answer Incorrect Answer
D A secure repository for storing tokenized card data Correct Answer Incorrect Answer
E A virtual environment for testing tokenization algorithms Correct Answer Incorrect Answer

Solution

 A secure repository for storing tokenized card data A Tokenization Vault is a secure storage system that houses tokenized card data, ensuring the protection of sensitive information and facilitating secure transactions without exposing actual card details.

Practice Next

Relevant for Exams:

×
×