As a number of recent breaches have demonstrated, compliance does not necessarily equal security. Even companies that spend millions of dollars on security upgrades to prevent unauthorized access to sensitive data get breached. Using Braintree's Vault, merchants can remotely store all credit card data in a Level 1 PCI DSS Compliant environment.
Merchants remotely store credit card data by replacing the sensitive information with unique tokens. Tokens can be used in the same way as credit cards but are useless to criminals. If credit card data is not present in the merchant environment, there is nothing to be stolen.
Merchants still retain full control of their data using tokens to update credit card information, generate reports, reconcile and manage single or recurring payments. Braintree's full suite of products allows merchants to completely eliminate the handling, processing and storage of credit card data, which not only increases security, but can reduce the time and cost of achieving PCI Compliance by as much as 90%.