Best method for storing recoverable passwords

From: "Simon (dot)(dot)(dot)" <wedgetail_e(at)hotmail(dot)com>
To: "pgsql-novice(at)postgresql(dot)org" <pgsql-novice(at)postgresql(dot)org>
Subject: Best method for storing recoverable passwords
Date: 2014-03-11 10:00:35
Message-ID: SNT149-W753746D3A1BD691862A5A491770@phx.gbl
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I am looking to store user passwords related to logins to various websites unrelated to the database itself [eg. Access to software licence administration websites etc.].

I would prefer not to save the passwords as plain text.

What is the best method to save passwords that can be converted back to their plain text form?

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