Lithic vs Paymentology

Lithic is an issuer processing platform for businesses building card programs, moving money, and managing program operations. It supports debit, prepaid, charge, and revolving credit programs with physical, virtual, and tokenized cards. Authorization rules can restrict spending by merchant category, amount, transaction velocity, time of day, and other criteria. Lithic connects to Visa, Mastercard, and American Express through one processing integration, and provides ACH transfers, virtual and routable accounts, Federal Reserve connectivity, and ledger-based reconciliation. Identity and fraud tools include KYC/KYB workflows, 3DS authentication, shadow mode, backtesting, and client decisioning through Authorization Stream Access. Program services can include sponsor-bank operations, network onboarding, regulatory compliance, card fulfillment, reporting, and 24/7/365 cardholder support across chat, email, phone, and IVR. The platform is available through API and web. Each account includes a free Sandbox API key for development and testing; production access requires an account enabled for that environment. Pricing is by custom quote, based on transaction volume and required features.

Paymentology provides a global card issuing and processing platform for fintechs, digital banks, financial institutions and other card-programme operators. It supports debit, credit, prepaid, hybrid, virtual, numberless and crypto-linked cards, with physical and virtual options. Its decision engine lets clients configure rules for authorisation and transaction workflows. Data Intelligence supplies 120 data lines per transaction in real time, while the client portal shows performance, balances and spend trends and is described as fully encrypted. Wallet integrations include Apple Pay, Google Pay and Samsung Pay. Named networks include Visa, Mastercard, BancNet, Mada and GIM. Issuers can set spend limits, restrict merchant categories, block international use, deactivate cards and lock usage to trusted devices. Paymentology describes PayRule as PCI-DSS compliant and the platform as ISO certified and GDPR compliant. Pricing is available on request.