The TokenEx Data Protection Platform is a software as a service that uses a flexible subscription-based utilization pricing model that dynamically responds to your use of the tokenization and data vaulting services.
Since the TokenEx Cloud Security Platform is payment processor agnostic, you can switch PSPs at any time. In the unlikely chance the new PSP is not already supported by TokenEx, a minimal one-time charge for gateway reprogramming may apply. Or if you are using the TokenEx Transparent Gateway, you do the re-programming yourself with a simple change to the HTTP message header, with no charges from TokenEx for switching among PSPs of your choice, anytime you wish. If for any reason you need to remove your tokens from the TokenEx Data Protection Platform, there is no charge for safely delivering your token vault to you in a useable format.
Speaking of happy customers, our professional services for implementation and project management, testing services, and 24×7 support, are all built into the subscription pricing plan. You don’t pay extra when you need help the most.
Capital Expenditure Option
The regular and predictable payment cycle of SaaS subscription models is often seen as a major benefit, as it keeps payments consistent and easier to budget. Due to their financial structure, some organizations prefer to account for their software usage not as an operating expense, but as a capital expenditure, much like an initial ERP license.
TokenEx offers a license model to accommodate customers preferring to account for tokenization and data vaulting services as a capital expenditure. TokenEx will annualize the cost of your monthly subscription and bill that as a yearly software license. Towards the end of the license term, we review utilization for the year and adjust the next year’s license accordingly.
In summary, because each organization has different data security needs, and TokenEx customizes services to match specific business requirements, we work with each organization to create an individualized quote. TokenEx strives to make sure our pricing is easy to understand and transparent. If you do not understand a quote or a statement of work we provide to you, we will make time to ensure you completely understand how our pricing works. You’ll have complete visibility into what your costs look like using the TokenEx Data Protection Platform. Call us at 1.877.316.4544 or email us to set up an appointment to discuss your specific data security challenges.