About Basis Theory
Basis Theory is a payment software platform from Basis Theory Inc. that helps businesses manage and secure transactions. It combines tokenization, payment routing, and payment vault features so users can efficiently handle various payment methods while ensuring security. Basis Theory is designed to never miss a payment and includes reliable security and privacy measures, making it a reliable choice for businesses focused on customer retention. Additionally, it provides the capability to implement a payment vault that safeguards sensitive information. Key capabilities: tokenization payment routing payment vault implementation security compliance customer transaction management Best for: businesses that need to manage secure and efficient payment processing.
Basis Theory by Basis Theory Inc. is a cutting-edge encryption software solution designed to help businesses protect sensitive data and ensure privacy in a rapidly evolving digital landscape. The primary purpose of Basis Theory is to simplify the process of securing data at rest and in transit, allowing businesses to safeguard customer information, financial transactions, and confidential communications. It supports a wide range of encryption algorithms, including AES, RSA, and ECC, to meet various compliance and security standards. The software also features key management tools, enabling organizations to control encryption keys securely and efficiently. Real-time monitoring and alert systems notify administrators of any potential security breaches or anomalies. The user interface of Basis Theory is user-friendly and intuitive, making it easy for users to navigate and manage their data securely. The interface is designed with a clean and modern look, featuring unique design elements that enhance the overall user experience. Navigation is straightforward, with easily accessible menus and options that allow users to quickly find and manage their encryption settings.
Pros & Cons
- +1. Enhanced Security: Stores and manages sensitive data (like card information) securely, reducing PCI scope and compliance burden.
- +2. Flexibility: Enables businesses to connect to various payment service providers (PSPs) and build custom payment flows.
- +3. Improved Efficiency: Streamlines payment processes, reduces integration time, and boosts conversion rates.
- +4. Data Control: Provides businesses with greater control over their payment data.
- −1. Limited Information: Some key details like specific features, integrations, and customer support options are not easily accessible.
Features
Key features
- 1. Token Orchestration
- Routes transactions through multiple payment service providers (PSPs) and partners, enabling flexibility and redundancy while minimizing PCI scope. This allows businesses to optimize payment processing and avoid vendor lock-in.
- 2. Secure Data Vault
- Securely collects, stores, and manages sensitive card data, reducing the burden and risk associated with handling PCI-sensitive information. This allows businesses to focus on their core competencies.
- 3. Universal Form Elements
- Provides pre-built, customizable form elements for collecting payment information, streamlining the user experience and ensuring data security. This simplifies integration and reduces development time.
- 4. Network Tokens
- Supports network tokenization, replacing sensitive card data with tokens for secure and efficient transactions. This enhances security and reduces the risk of data breaches.
- 5. Customizable Payment Flows
- Enables the creation of tailored payment experiences for various use cases, including subscriptions, marketplaces, and high-risk merchants. This allows businesses to optimize conversions and meet specific business needs.
- 6. PCI Compliance Assistance
- Helps businesses achieve and maintain PCI compliance by handling sensitive data securely and providing tools and documentation. This reduces the complexity and cost of compliance.
Additional features
- 1. Token Orchestration
- Routes transactions through multiple PSPs and partners.
- 2. Secure Data Vault
- Securely collects, stores, and manages sensitive card data.
- 3. Universal Form Elements
- Provides pre-built, customizable form elements for collecting payment information.
- 4. Network Tokens
- Supports network tokenization.
- 5. Customizable Payment Flows
- Enables the creation of tailored payment experiences.
- 6. PCI Compliance Assistance
- Helps businesses achieve and maintain PCI compliance.
- 7. High-Risk Merchant Support
- Caters to the specific needs of high-risk businesses.
- 8. Subscription Platform Integration
- Simplifies subscription payments management.
- 9. Marketplace Integration
- Enables secure payment flows for marketplaces.
- 10. Fintech Solutions
- Provides tools for building custom payment stacks.
- 11. Recurring Payments
- Supports automated recurring billing.
- 12. Lending/Working Capital Solutions
- Facilitates payment processing for lending and working capital platforms.
- 13. Checkout Solutions
- Offers streamlined checkout experiences.
- 14. Platform Payments
- Supports payments for platform businesses.
- 15. Corporate Card Integration
- Enables processing of corporate card payments.
- 16. Card Issuing Support
- Facilitates card issuing programs.
- 17. Payment Processing
- Handles payment transactions.
- 18. Fraud Detection
- Integrates with fraud detection tools.
- 19. Treasury & Reconciliation
- Provides tools for managing treasury and reconciliation processes.
- 20. Chargeback Management
- Helps manage chargebacks.
- 21. Compliance Support
- Offers assistance with various compliance requirements.
- 22. Risk Management
- Provides tools for managing payment-related risks.
- 23. SDKs (iOS, Android, React, Terraform, NodeJS)
- Offers software development kits for various platforms.
- 24. Card Information Management
- Securely handles card information.
- 25. MM/YY and Security Code Capture
- Collects expiration date and security code.
- 26. Pay Functionality
- Enables payment processing.
- 27. 3D Secure Support
- Supports 3D Secure authentication.
- 28. Custom Flows with Proxy
- Allows for custom payment flows using a proxy.
- 29. Enhanced BIN Service
- Provides enhanced Bank Identification Number (BIN) information.
- 30. Account Updater
- Keeps card information up-to-date.
- 31. Custom Retry Logic
- Enables custom retry logic for failed transactions.
- 32. Backup Processor Support
- Allows for using backup payment processors.
- 33. Secure Payment Flows Anywhere
- Enables secure payments across various platforms.
- 34. Collect Payments on Behalf of Partners
- Facilitates payment collection for partners.
- 35. Reduce Exposure to PSP Outages
- Minimizes the impact of PSP outages.
- 36. Work with Any Partners
- Enables integration with various partners.
- 37. Demonstrate PCI Compliance
- Helps businesses demonstrate PCI compliance.
- 38. Security and Privacy Focus
- Emphasizes security and privacy.
- 39. Data Protection
- Provides high levels of data protection.
- 40. Fast Integration
- Offers quick and easy integration.
- 41. Scalability
- Supports business growth and scaling.
Pricing
Monthly plans
Starter
USD 995
Countries & Languages
Interface languages
Billing currencies
No reviews yet
Be the first to drop a review
Alternatives to Basis Theory
SimpleumSafe
SimpleumSafe is an encryption software from Simpleum Media GmbH designed for macOS and iOS (iPhone…
ZipOne
ZipOne is a file compression software from NetMasterSoft that provides efficient data management. It includes…
ZENworks Full Disk Encryption
ZENworks Full Disk Encryption is a data-at-rest encryption software from OpenText that improves endpoint security…
ProtectFile
ProtectFile is a data security platform from Thales Group designed to safeguard sensitive information. It…
About Basis Theory
Basis Theory is a payment software platform from Basis Theory Inc. that helps businesses manage and secure transactions. It combines tokenization, payment routing, and payment vault features so users can efficiently handle various payment methods while ensuring security. Basis Theory is designed to never miss a payment and includes reliable security and privacy measures, making it a reliable choice for businesses focused on customer retention. Additionally, it provides the capability to implement a payment vault that safeguards sensitive information. Key capabilities: tokenization payment routing payment vault implementation security compliance customer transaction management Best for: businesses that need to manage secure and efficient payment processing.
Basis Theory Details
Basis Theory's In-App Market Place
Does Basis Theory have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
1
Mini Apps
N/A
Pricing Options
Plans
Monthly plans
Starter
USD 995
Accepted Payment Currencies
USD ($)
Pros & Cons
- 1. Enhanced Security: Stores and manages sensitive data (like card information) securely, reducing PCI scope and compliance burden.
- 2. Flexibility: Enables businesses to connect to various payment service providers (PSPs) and build custom payment flows.
- 3. Improved Efficiency: Streamlines payment processes, reduces integration time, and boosts conversion rates.
- 4. Data Control: Provides businesses with greater control over their payment data.
- 1. Limited Information: Some key details like specific features, integrations, and customer support options are not easily accessible.
Basis Theory's Support Options
Basis Theory's Alternatives
SimpleumSafe
SimpleumSafe is an encryption software from Simpleum Media GmbH designed for macOS and iOS (iPhone…
ZipOne
ZipOne is a file compression software from NetMasterSoft that provides efficient data management. It includes…
ZENworks Full Disk Encryption
ZENworks Full Disk Encryption is a data-at-rest encryption software from OpenText that improves endpoint security…
ProtectFile
ProtectFile is a data security platform from Thales Group designed to safeguard sensitive information. It…
