Evervault offers a novel encryption-first approach to secure card data, positioning itself as a more efficient and flexible alternative to traditional payment tokenization, which often results in performance bottlenecks and vendor lock-in due to its reliance on centralized token vaults. Instead of storing card data, Evervault allows companies to keep encrypted data within their own systems while Evervault manages the decryption keys, ensuring enhanced control and security. This architecture eliminates the latency and single points of failure associated with token vaults by using client-side encryption and isolated decryption environments, which also decrease the potential attack surface by only decrypting data for milliseconds before deletion. Evervault's approach not only provides true multi-region support and consistent performance under load but also ensures that businesses avoid vendor lock-in, as they can independently decrypt their data if needed. By charging only when encrypted cards are used, Evervault offers a cost-effective solution particularly suited for businesses that do not require permanent card storage, such as those offering buy-now-pay-later or virtual card services.