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SPECIFICTION
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Basis Theory vs Spreedly

Basis Theory

basistheory.com

Spreedly

spreedly.com

Side by side

FigureBasis TheorySpreedly
Price from$995/mo$750/mo
Free plan——
Free trial——
Open source——
WebYesYes
iOSYes—
AndroidYes—
APIYesYes
Plans published22
Spec score · Payment Tokenization Software8.0 (#5)7.1 (#12)
HeadquartersSan Francisco, California, United StatesDurham, North Carolina, USA
IntegrationsThe maker says its API connects with any existing payment service provider and displays Stripe, Adyen, Worldpay, Chase, Braintree, Nuvei, Amazon Pay, and ACI as examples.Spreedly’s developer documentation lists gateways including Adyen, Authorize.net, PayPal, and Stripe.
Intended usersThe maker lists creator economy, digital health, e-commerce, fintech, gaming, subscription platforms, and vertical SaaS as use cases.Spreedly says merchants, platforms, and fintechs use its payment tools.
SupportImplementation, bug, and issue support is available by email, with private Slack or Microsoft Teams channels offered through Sales.Spreedly links to a Support Portal and developer guides and documentation from its official site.
TokenizationIt tokenizes card data at the point of collection so raw primary account numbers do not touch customers’ systems.Spreedly stores tokenized payment methods in its vault so merchants can use them with multiple gateways and endpoints.

Plans

Basis Theory

  • Standard platform$995 a month
  • EnterprisePriced on request

Basis Theory pricing →

Spreedly

  • Independent Vault$750 a month
  • Performance OptimizationPriced on request

Spreedly pricing →

In their own words

Basis Theory

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.

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Spreedly

Spreedly has no write-up on Specifiction yet; its figures are above.

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