E2E and Tokenization are often coined as an either/or solution but this is not always the case. Tokenization replaces the sensitive card data information with unique symbols so that hackers have nothing to steal. Encryption masks data with complex algorithms that are difficult to protect.
Both solutions have a key role when it comes to protecting transaction data, working hand-in-hand to ensure secure payment processing and the safeguarding of cardholder data from point-of-sale throughout the entire transaction lifecycle. Some of each are already implemented in mobile payment technology.
If you want to evaluate tokenization or E2E, you can read more on the significant characteristics of both solutions.