Twenty tokenization platforms tested across vault architecture, PCI scope reduction depth, network token support, multi-processor routing flexibility, and developer experience. What actually shrinks your CDE, what locks you to one processor, and which platforms are charging enterprise rates for what amounts to a hosted field wrapper.

The shortlist

Enigma Vault: Best overall purpose-built payment tokenization vault. Card Vault product designed exclusively to eliminate raw PAN storage from your environment, with modular add-ons for customer data and NoPII.

Spreedly: Best for multi-processor orchestration. The only platform here that routes tokenized data across 120+ payment services without re-tokenizing, which is the core unlock for merchants running multiple acquirers.

Very Good Security (VGS): Best for teams that need a zero-data vault.…