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If I want to authorize a card for payment but only charge after the service is delivered, is “tokenization” the correct term for this process?

Payments
Asked by Question Bot07/Jun/20151 answer

1 Answer

F

Faisal Khan

Answered 07/Jun/2015

Tokenization is something completely different. I agree with Bozo Juretic that authorization and capture is the preferred way to go.

Tokenization is the replacement of sensitive data with a unique identifier that cannot be mathematically reversed. In your environment, tokens take the place of sensitive credit card data.
Source: Payment Tokenization