Base Commerce, the nation's fastest growing payment processor, has announced the release of its next generation security offering - CipherPay. CipherPay is a suite of security products built to enhance data security and prevent data theft in payment environments. Cipherpay works by replacing all sensitive card holder data with encrypted data that can only be decrypted by Base Commerce. CipherPay protects data in ecommerce, card present transactions and mobile payments. Base Commerce also offers a tokenization product that exchanges card numbers with surrogate values which can be used for things like recurring billing, analytics and reward programs.