Basis Theory vs Cashfree Token Vault

Basis Theory is a cloud payment-data platform that centralizes sensitive information, governs access, and routes tokens to payment services. It tokenizes card data at collection so raw primary account numbers do not touch customers’ systems. Its tools include Proxy, Reactors, Elements, and Token Intents for routing, server-side logic, collecting sensitive data, and validating information before tokenization. Vault capabilities include Account Updater, BIN Details, Network Tokens, and 3DS. The maker says its API connects with existing payment service providers, listing Stripe, Adyen, Worldpay, Chase, Braintree, Nuvei, Amazon Pay, and ACI as examples. Documented SDKs cover.NET, Java, Go, NodeJS, Python, Terraform, React, JavaScript, iOS, Android, and React Native. Basis Theory states that it is PCI Level 1 compliant, SOC 2 Type II certified, ISO 27001 certified, and HIPAA compliant. It says data is encrypted at rest and in transit with tenant-specific keys, and communications use TLS 1.2+. The Standard platform costs $995 a month, includes 20,000 tokens, and charges $0.05 per additional token. Tokens added and deleted within a calendar month still count toward that month’s token total.

Cashfree Token Vault replaces card details with cryptographically generated tokens, so merchants can process saved-card payments without storing card numbers on their own platforms. It supports credit, debit, prepaid and corporate cards, with Visa and Mastercard credit and debit tokenization specifically described. Standard Checkout enables saved-card tokenization automatically; Seamless Pro merchants must integrate or update APIs. Customers can choose a saved card and enter its CVV. Token provisioning requires explicit customer consent and stops if two-factor authentication fails. Merchants may retain only the last four digits, scheme and issuing bank name, and cannot retrieve a token’s underlying card number; card schemes and issuing banks can. A token reference created through Cashfree remains there, although merchants can fetch the network token for use with another payment aggregator. The service is cloud-hosted, supports network tokenization and webhooks, and offers Android, iOS, web and API platforms. Pricing is available on request.