Vaulting-as-a-Service
Securely store payment credentials across any acquirer and power fast checkout experiences.
Executive Summary
Worldpay's Vaulting-as-a-Service provides a robust solution for securely storing payment credentials, enabling platforms to offer tokenized payments without the complexity and cost of building and maintaining their own payment vault. This service supports secure storage across any acquirer, ensuring flexibility and broad compatibility. By leveraging Vaulting-as-a-Service, businesses can significantly reduce their PCI compliance burden and focus on core growth initiatives, while Worldpay handles the intricate security and compliance requirements of sensitive payment data. The service powers fast and seamless checkout experiences through its Forward API, allowing for efficient retrieval and use of stored credentials. This not only enhances customer satisfaction by speeding up transactions but also improves conversion rates. It's designed for platforms and software companies looking to embed secure payment capabilities, offering a low-code integration path via APIs and Mobile SDKs to quickly implement secure, future-ready payment credential management.
Use Cases
- Securely storing customer payment methods for repeat purchases.
- Enabling one-click or fast checkout experiences for improved conversions.
- Reducing PCI compliance scope by offloading sensitive payment data storage.
- Supporting multi-acquirer strategies with credentials stored independently.
- Allowing SaaS platforms to embed secure, tokenized payments for their users.
Features
Visibility
- Payment Activity Monitoring: Monitor payment transactions and vaulting activity through reporting and event APIs.
Technical Specifications
- Architecture
- Cloud-based, API-driven architecture utilizing tokenization for secure payment credential storage across multiple acquirers.
- Deployment
- SaaS
- API Available
- Yes
Security & Compliance
Certifications: PCI DSS
Encryption: Payment credentials are securely stored using tokenization and encryption.
Pricing
- Starting Price
- Contact sales
- Target Customer
- Mid-Market,Enterprise
About Worldpay
Worldpay is a global payment processing company offering secure, scalable solutions for online, in-store, and mobile transactions. They power global commerce by providing exceptional payments technology and expertise to businesses.
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