Paynetics Card Issuing vs Railsr
Paynetics Card Issuing
paynetics.digitalRailsr
railsr.comSide by side
| Figure | Paynetics Card Issuing | Railsr |
|---|---|---|
| Price from | — | Free |
| Free plan | — | Yes |
| Free trial | — | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | — |
| Android | Yes | — |
| API | Yes | Yes |
| Plans published | 1 | 6 |
| Spec score · Banking-as-a-Service Platforms | 7.9 (#9) | 8.2 (#5) |
| API integration | The API Integration channel provides a single REST API for payment accounts, card issuing, transfers, onboarding and a web Partner Portal. | Railsr positions its APIs as a way to place financial capabilities inside a brand's digital experience while Railsr remains behind the scenes. |
| Headquarters | Sofia, Bulgaria | The 2023 sale announcement says Railsr would remain headquartered in London's City. |
| Product | Paynetics offers card-issuing programs that partners can customise for their business needs. | Railsr describes itself as a global embedded finance platform for banking, wallets and cards. |
| Support | The company lists customer support at +44 (0) 330 223 6848 and [email protected]. | Existing customers are directed to log in to a service portal to raise support tickets. |
| Who it serves | The page lists use cases including consumer gift cards, e-commerce virtual cards, government disbursements, payroll incentives, remittance, child and teen prepaid cards, cryptocurrency and freelancer payments. | Railsr describes the platform as intended for companies including fintechs, sports clubs, retailers and brands. |
Plans
Railsr
- LearnFree
- Live Sandbox APIFree
- Play Sandbox APIFree
- LaunchPriced on request
- PrototypePriced on request
- ScalePriced on request
In their own words
Paynetics Card Issuing
Paynetics Card Issuing provides configurable card programs for businesses and their partners. Its range includes physical, virtual, digitized prepaid, debit, credit, and business cards from Visa and Mastercard. Partners can customize card designs and configure rules, limits, controls, hierarchies, products, and pricing levels. Cards can be linked to dedicated IBAN accounts or integrated into an eWallet. The API platform supports digital onboarding and data exchange for compliance, risk analysis, and monitoring; its integration channel includes a REST API for accounts, issuing, transfers, and onboarding, plus a partner portal. Developer resources include APIs, SDKs, sandbox tools, and live operational status. Paynetics supports Apple Pay on iOS and an Android tokenisation solution based on Mastercard’s MDES protocol. A PCI-compliant SDK supports secure card-data display without partners storing or processing sensitive details. Physical card orders require at least 1,000 units, and manufacturing typically takes around two months. Pricing is on request.
Railsr
Railsr is an embedded finance platform for companies adding financial services to digital products. Its capabilities include wallets and accounts, debit, prepaid, credit and virtual cards, money transfers and reward programmes. Railsr says its APIs place these services within a brand’s digital journey, with the platform operating behind the scenes. It packages close to 100 integrations under a single API and commercial agreement. Developers can use the Play Sandbox API, a functional coding environment that uses fake money. The platform is offered through API and web and lists fintechs, sports clubs, retailers and brands among its intended customers. A free plan and trial are listed, while other pricing is available on request. For regulated services, customers contract with PayrNet, Railsr’s wholly owned subsidiary; Railsr provides technology services. Railsr says new agents or distributors cannot be onboarded without prior written FCA consent.