It seems that a better system would be to start by placing the credit card at the vendor's shop (ie no change) but then to trigger the billing by sending over a file, presumably daily, of who to bill and how much. This is the "token" part. As part of this, we should get back a decent automated report of successful and not successful billings.
Is anyone out there who is a small business (tier 3), say under $25 million, using tokenized billing for recurring credit card billing. I'd like to share experiences.