What is credit card tokenization? 5 things consumers need to know

With so much change going on with credit and debit cards right now (hello, EMV cards and mobile wallet), we know it can get a little confusing

The bottom-line is pretty simple when it comes to consumer security: New chip cards, data encryption and "tokenization" processes are making cardholder data safer than it's ever been before.

Below, we explain everything consumers need to know about tokenization and where their information goes once they've paid

1. Tokenization is one 'leg' of new card security methods