No. 4 of 24 ·Payment Tokenization Software

Cashfree Token Vault

Web · Android · iPhone · API

Freedom report

Two barsScore 5.5

Free tierNo free tier on record
Open codeNo open-source code on record
Runs widely3 of 6 device platforms
DocumentedPlans, terms and facts published

Cashfree Token Vault is ranked #4 of 24 in payment tokenization software on Freedom251. It runs on Android, API, iOS, Web.

Compared on payment tokenization software

Network tokenization: Yes
Token vault hosting: vendor
Detokenization API: No
Payment methods: credit cards, debit cards, prepaid cards, corporate credit cards
Deployment model: cloud
Webhook support: Yes

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The record

Purpose: Token Vault replaces sensitive card details with cryptographically generated tokens so merchants can process saved card payments without storing card details on their platforms.
Interoperability: Cashfree describes Token Vault as an interoperable solution that lets a merchant process card payments across multiple payment gateways or card networks through a single integration.
Cards supported: The page lists credit, debit, prepaid, and corporate cards, and specifically describes Visa and Mastercard credit and debit tokenization.
Checkout: For merchants using Standard Checkout, saved cards are enabled automatically; Seamless Pro merchants can integrate the Token Vault API.
Saved card experience: Cashfree says customers can select a saved card and pay by entering its CVV, and that its ecosystem has 16mn+ saved cards.
Consent and authentication: Explicit customer consent is required to provision a token, and token provisioning cannot proceed if the customer's two-factor authentication fails.
Merchant data limits: Merchants may store only the card's last four digits, scheme, and issuing bank name; the page says they cannot store the BIN, expiry, or CVV.
Token security: Merchants cannot retrieve the actual card number from a token; only card schemes and issuing banks can retrieve it.
Migration limit: Cashfree says a token reference number provisioned through it remains with Cashfree, though merchants can fetch the card network token and use it with another payment aggregator.
Bulk tokenization: The page says RBI rules do not allow bulk tokenization of cards already saved by PCI/DSS-compliant merchants, who must delete those saved cards.
Integrations: The Token Vault page lists Shopify, Wix, WooCommerce, PayPal, WordPress, and Zoho among Cashfree integrations.
Company security: Cashfree's privacy page lists ISO/IEC 27001:2022, PCI-DSS v4.0.1, and SOC 2 among its security standards and certifications.
Support: Cashfree's about page lists a Support Center, Customer Query Resolution, a bank downtime detector, and a Discord community.
Supported cards: It supports credit, debit, prepaid, and corporate cards, and the page specifically names Visa and Mastercard credit and debit cards.

Where it ranks on Freedom251

Best Payment Tokenization Software in 2026#4 of 24

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Sources

cashfree.com/card-tokenization· checked 30 Sept 2026
cashfree.com/privacypolicy/· checked 30 Sept 2026
cashfree.com/about-us/· checked 30 Sept 2026