Basis Theory vs Purse 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.

Purse Vault is a cloud payment-orchestration service that sits between merchants and their selected payment-service providers (PSPs). Its independent vault stores card data and supports moving payment methods between providers. Centralized tokens can support transaction retries or routing to a partner in real time. Purse also consolidates orders, settlements, fees, transfers, and chargebacks, and standardizes PSP transaction logs. Dashboards organize payment information by country, PSP, or payment method, including acceptance rates and decline reasons. One technical integration connects to more than 100 PSPs and local or international payment methods; the catalog lists more than 80 providers and methods. Purse says it will integrate a partner outside its catalog within 25 working days. The Vault is PCI DSS v4 Level 1 certified and hosted on sovereign infrastructure in Europe. SecureFields collects card details in secure iframes and returns a vault_form_token without PAN or CVV reaching merchant systems. Pricing is on request.