Logo
  • Industries
  • Hardware
    • Card Readers & OEM Components
    • Card Personalization Devices
    • Check Scanners
  • Magensa Services
  • Qwantum Security
  • Our Partners
  • Support

TokenExchange

Magensa TokenExchange Service is a cloud-based, data protection service supporting the generation, transport, and redemption of dynamically generated, vaultless tokens that can be easily integrated into any payment application or business process.

  • features
  • specs
  • support
  • contact us

Magensa TokenExchange Service

The Magensa TokenExchange supports three types of tokens to best match your business needs: Payment Tokens, Transaction Tokens, and PII Tokens.

Key Benefits of TokenExchange

TokenExchange removes sensitive data from ecosystems while retaining the ability to perform necessary transactions without compromising security. This enables secure storage of payment credentials on file, subscriptions, eCommerce, in-app payments, and reward programs.

Made for Individuals and Corporations that Need to Keep Sensitive Information Private

TokenExchange is recommended for resellers, VARs, ISVs, and developers, through the Magensa Payment Protection Gateway Service or Decrypt and Forward Service, who wish to create and redeem tokens based on the payment application.

Payment Tokens and TokenExchange Connect

Payment Tokens are used for applications such as eCommerce, card on file, or payment operations like Sale, Auth/Capture, Void, and Refund. Payment tokens are automatically returned with all Magensa Payment Protection Gateway (MPPG) and Decrypt and Forward (DaF) transactions or can be requested explicitly through Magensa client-side JavaScript called TokenExchange Connect for any manually entered card data.

Transaction Tokens

Transaction Tokens facilitate e-invoices or payment requests leveraging patent-pending token technology. Sensitive merchant credentials, transaction details, and branding information are converted into a secure token with a URL payment page. Hosted by the Magensa Payment Protection Gateway, the URL is available via email, SMS, or converted into a displayed or printed QR Code. The target consumer simply clicks or scans the token to launch a custom branded secure payment page. TransactionTokens enable numerous remote and touch-free payment solutions.

Build Loyalty Programs

Payment tokens containing encrypted PAN and expiration dates are used for card-on-file and facilitating secure reduced PCI scope for eCommerce transactions. These tokens are automatically returned after any transaction or explicitly called utilizing Magensa TokenExchange – client-side JavaScript. These tokens can also be implemented to support cross-merchant use or to build out loyalty and reward programs.

Offer Touch-free Payment Solutions

Central to Magensa’s payment gateway services is the ability to deliver touch-free solutions on location, mobile, or on-line. Security through dynamic encryption and tokenization, a PCI-DSS infrastructure, and omni-channel support to initiate and complete payments are at the heart of our touch-free platform.

Tokenization-as-a-Service

Magensa’s TokenExchange is a cloud service operating in a PCI-DSS certified environment. TokenExchange is accessed via REST APIs.

Security and Key Management

Magensa’s encrypted tokens stand up to the most modern attacks and are resilient to quantum computer hacking techniques. Tokens are created by leveraging symmetric AES/3DES key encryption within a hardware security module (HSM) using a derived unique key per transaction (DUKPT) key management scheme.

Dynamic Tokenization

Dynamic tokenization means a unique token is generated using a unique encryption key for each token created, which is more secure than using a static token.

Unique, Vaultless Solution

Magensa’s Tokenization Service is vaultless. The customer maintains control (custodianship) of the data as an encrypted token without the worry or access to encryption keys; greatly reducing financial and reputational risk associated with a data breach.

  • Overview Brochure
  • Tokenization Brochure

Standard Configurations

Provider

Magensa Services

Format

Platform-as-a-Service

Encryption Schemes

3DES/AES

Key Management

DUKPT

Compatible OS

Windows, iOS, Android

Compatible Devices

Secure card reader authenticators

View Support Resources for this product:

manuals
software
faqs
videos

Let's Talk.

Speak with a sales rep to learn more about our solutions, get pricing info and order products.

Let's Talk.

Speak with a sales rep to learn more about our solutions, get pricing info and order products.

* For inquiries outside of the USA or Canada, please visit our International Distributors page.
Privacy Policy

Are you human?

Please wait while we're sending your request.

Thank You!

We've received your request and a member of our Sales team is working to contact you as soon as possible.

Check your email for a confirmation message, and let us know if you need to correct any of the contact info submitted.

Talk to you soon and thanks again for your interest in our products!

Subscribe to our Newsletter

Subscribe
  • About Us

    • The MagTek Story
    • Contact Us
    • Media & Events
    • Policies
    • Careers
  • Industries

    • Payments
    • Banking
    • OEM
  • Products

    • Card Readers & OEM
    • Instant Issuance Hardware
    • Check Scanners
  • Service

    • Service Status
    • YouTube Video Tutorials

© 2025 MagTek Inc. All Rights Reserved. | Registered to ISO 9001-2015 | Compliance
  • About Us

    • The MagTek Story
    • Contact Us
    • Media & Events
    • Policies
    • Careers
  • Industries

    • Payments
    • Banking
    • OEM
  • Products

    • Card Readers & OEM
    • Instant Issuance Hardware
    • Check Scanners
  • Help Desk

    • Service Status
    • (562) 546-6800
    • support@magtek.com
    • YouTube Video Tutorials

© 2025 MagTek, Inc. All Rights Reserved.

Registered to ISO 9001-2015

Compliance

Cookie Policy

This website uses cookies to enhance your browsing experience. Some are essential for proper functionality, while others help us analyze data and improve your user experience.

By using this site, you consent to the placement of these cookies on your computer. If you do not wish to accept cookies, you can adjust your browser settings to block them or refrain from using this website.

Learn more about our Privacy Policy

Questions or concerns? Contact us at privacy@magtek.com.

Cookie Consent

This website uses cookies to enhance your browsing experience. Some are essential, while others help us analyze data and improve our services.

Essential

For proper functioning and security.

Analytical

Help us analyze data and improve.

Marketing

Track visitors for relevant ads.

By using this site, you consent to the placement of these cookies on your computer. You can adjust browser settings to block them.

Learn more about how we handle your data

Contact us at privacy@magtek.com for questions.