Tokenization

Tokenization replaces sensitive financial account information with a random string of characters, called a token. Learn More

Related Terms

  • FDCPA (Fair Debt Collection Practices Act)

    Approved in 1977, the Fair Debt Collection Practices Act allows for legal consumer protection against abusive debt collection practices.

    Learn More
  • Merchant

    A merchant is business that exchanges goods for monetary funds.

    Learn More