Will My Payment Information Be Securely Transferred To The New System?Updated 6 months ago

Absolutely! Your payment information will be securely transferred to the new system, as we continue to use Stripe as our payment processing gateway provider.

How Does Payment Tokenization Work?

Payment tokenization is a security technique that replaces sensitive payment information, such as credit card numbers, with a unique, random set of characters called a "token." This process keeps your payment data safe during transactions, as the actual card information is not used or stored. Even if someone were to access the token, they wouldn't be able to make fraudulent purchases, since it does not contain your real payment details.

Stripe employs tokenization to ensure the highest level of security for your sensitive data. Here’s how it works:

• Randomly Generated Tokens: These tokens safely access, transmit, and retrieve your credit card information without containing any sensitive consumer data.
• Mapping Without Exposure: The tokens act as maps that guide where your sensitive information is stored within your bank’s systems, keeping it secure and away from prying eyes.

Tokenization isn’t a new concept. Consider it like purchasing tokens at a casino; you exchange cash for plastic coins that hold no value outside the casino. In the world of online payments, these tokens protect your sensitive data (like credit card numbers and addresses) by replacing it with algorithmically generated characters.

With credit card tokenization, merchants can move data between networks without exposing your sensitive information.

What This Means for You

While we’ve successfully completed the data migration for your order history and plan information, your personal payment data is securely managed through our payment provider. No one, including us, has access to your credit card details, such as numbers or CVVs.

By minimizing the storage and processing of sensitive payment data, tokenization helps businesses adhere to industry standards such as the Payment Card Industry Data Security Standard (PCI DSS). Compliance with PCI DSS is essential for maintaining customer trust and avoiding penalties.

Rest assured, your payment information remains safe and secure throughout the transition! 

If you have any questions or need assistance, our friendly customer experience team is always here to help.