Gartner Research

Market Guide for Merchant/Acquirer Tokenization of Payment Card Data

Published: 09 December 2015

ID: G00277511

Analyst(s): Jonathan Care , Rajpreet Kaur


The tokenization of sensitive data is a key component in the ensuring of payment system security. Chief information security officers at card acceptors and payment processors should use this Market Guide to choose the most appropriate products for their tokenization projects.

Table Of Contents

Market Definition

  • The Implementation of Tokenization Enables Several Advantages
    • Simplification of Compliance Monitoring
    • Reduction in PCI DSS Compliance Scope
    • End-to-End Data Security

Market Direction

  • Card Associations Eye Acceptor Card Processing Warily
  • Market Innovation Is Being Driven by Independent Vendors
  • Card Acceptors Are Seeking Off-Premises Solutions to Reduce the Impact of Compliance

Market Analysis

  • The Challenges of the Legacy Approach
  • Tokenization Techniques
    • API/Software Development Kit-Based Tokenization
    • Gateway or In-Line Tokenization

Representative Vendors

  • 3Delta Systems
  • Bluefin Payment Systems
  • CardConnect
  • CipherCloud
  • CyberSource (a Visa Company)
  • Futurex
  • Gemalto
  • HPE Security — Data Security (Formerly Known as HP Security Voltage)
  • Liaison Technologies
  • MasterCard Payment Gateway Services
  • Paymetric
  • Perspecsys (a Blue Coat Company)
  • Protegrity
  • Shift4
  • TokenEx
  • Verifone
  • Vormetric

Market Recommendations

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