Basis Theory vs IXOPAY

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.

IXOPAY provides payment orchestration, tokenization, and payments intelligence for merchants and fintechs. One API integration connects to more than 200 payment providers and 300 payment methods. Adapters connect to acquirers, processors, gateways, and third-party tools such as CRM, ERP, and SMTP services. Supported payment channels include online, mobile, point-of-sale, hosted payment pages, and server-to-server. Smart transaction routing and strategic retries are intended to improve conversion and recover declined payments. The platform automates reconciliation and reporting, with shareable insights for finance, product, and operations teams. Universal Tokens use a common format across multiple payment service providers. IXOPAY lists ISO 27001, SOC 3, and PCI DSS attestations for its tokenization and orchestration platforms and states that it complies with GDPR. It also offers a white-label solution for ISOs, PSPs, banks, ISVs, and payment facilitators. The Developer Hub provides guides, recipes, an API explorer and reference, and operating guides. The cloud platform supports Android, iOS, web, and API access. A sandbox is available at no cost for evaluating tokenization. Plans start at $1,000 a month; full pricing requires contacting IXOPAY.