Our tokenization software is the process of turning sensitive data into nonsensitive data called tokens, that can be used in a database or internal system without bringing it into scope, thoses tokens are the new data of credit card.
The purpose of our tokenization system is to change out sensitive data—normally the credit or debit card or bank account numbers, we aplyed a matematical metodology with a randomized number in the same format but with no intrinsic value of its own. This differs from encryption, where a number is mathematically changed, but its original pattern is still stored within the new code—known as format-preserving encryption.
Tokenization is the process of removing sensitive data from your business systems by replacing it with an undecipherable token and storing the original data in a secure cloud data vault. Encrypted numbers can be decrypted with the appropriate key. Tokens, however, cannot be reversed, because there is no mathematical relationship between the token and its original number. Our own system has the special characteristics such as build the hard token for each credit and debit card, our clients are protected with Waiapay tokenizer system.
We are a startup dedicated to verifying cloned or hacked credit and debit cards in Latin and North America and a part of Europe. We’ve developed algorithms specialized in early detection of cards that have been cloned or duplicated.
At Waiapay, we provide a promptly and convenient assistance service to solve any doubts through a chat bot, with the purpose of giving our customers the best technical and commercial help, refereeing them to our experts. You can contact us by call, email or whatsapp.
Our team is highly competent, with diverse professions, experts on security and technology for fraud prevention, innovating day after day in new technologies to make our services better thus being able to reduce and even prevent fraud, with our service API Waiapay.
At Waiapay we work to safeguard every cardholder, fintech and financial corporation, implementing our very own system companies will have the backing and support they need to fight online fraud, preventing them from processing payments made with hacked or cloned cards.
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