# What is Beneficiary Tokenization?

**URL:** <https://community.rapyd.net/t/what-is-beneficiary-tokenization/58534>\
**Category:** Rapyd Business Account\
**Created:** [March 29, 2023, 5:47am UTC](https://community.rapyd.net/t/what-is-beneficiary-tokenization/58534 "2023-03-29T05:47:14Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![Community\_Team](https://avatars.discourse-cdn.com/v4/letter/c/46a35a/32.png) [@Community\_Team](https://community.rapyd.net/u/Community_Team)\
**Post date:** [March 29, 2023, 5:47am UTC](https://community.rapyd.net/t/what-is-beneficiary-tokenization/58534/1 "2023-03-29T05:47:14Z")

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**Tokenization** is the process of taking sensitive personal data and replacing it with unique identifiers that retain the original information. A collection of unique identifiers is called a **token**. Tokens can be used to safely store and transmit data.

A **beneficiary** is a contractor, worker, supplier or business that is a receiver of funds utilizing Rapyd Disburse.

**Beneficiary Tokenization** is when the Beneficiary information such as bank account information is turned into a token. This happens through a **hosted page** you send to the customer. The customer fills out the information, and a token is created.

After signing into your Rapyd Business Account, navigate to **Disburse** \> **Beneficiary Tokenization** to upload Beneficiary information, or download Beneficiary Tokenization Files. See [Save Beneficiary Details](https://docs.rapyd.net/client-portal/docs/save-beneficiary-details) for more information.