Top 10 Payment and Card Solution Companies - 2019

With the changed consumer behavior to browse and purchase 'all the time and everywhere', it has become a real challenge for the merchants to adopt an open service model. Due to this increasing customer demands, payments industry players have broken new ground in the last few years, with many improvements regard the way people pay in different regions, verticals, environments, and circumstances. The industry has quickly transformed from an infrastructure of cards and terminals to such a sector which is currently dominated by phones and fobs with the next stage being phone-to-phone dominance.

To revamp the payments industry in an ambitious bid to cope with the dynamic nature of customer needs, Banking CIO Outlook presents top 10 Payment and Card solution providers to help the organizations in revolutionizing the way toward sculpting the new age of payment and card industry.

Featuring our Cover Story is Payall Payment Systems, which offers a single shared multi-currency platform that enables more accessible, faster, secure, and compliant global B2B and B2C payments for enterprises. Alongside, we have many such companies that are the perfect partners for legacy financial services organizations, who need to become more responsive to the digital consumers. Also the aforementioned companies are positioned to create novel consumer-focused digital solutions that may help them to keeping pace with the ever evolving market trends.

We present to you Banking CIO Outlook's "Top 10 Payment and Card Solution Providers - 2019."

    Top Payment and Card Solution Companies

    BASYS Processing
    BASYS Processing Provides services and solutions for credit/debit cards that includes terminals, Virtual terminals, e-commerce, mobile, and point-of-sale,customized to fit any needs.The organisation uses innovative strategies to deliver world class service and industry leading payment processing and business solutions.It creates an inspired culture for customers, partners, vendors, and employees.The company have built an elite team of hard-working, passionate and fun people who are dedicated to make their merchants happy.They encourage the development of a healthy long term relationship with their client and believes it to be the key to their culture and also to their bussiness.The companys' goal is to create such a positive experience with every interaction that you will continue to choose BASYS for life
    Chosen Payments
    Chosen Payments is a provider of payment processing and credit card management solutions for businesses.The organization is dedicated to making a difference in payment processing services by taking a partnership approach. Chosen Payments is not only a partner, but a business consultant for merchants nationwide that accept electronic payments.They are experts in numerous types of payment processing services, including credit card processing, check processing, gift/loyalty, ATM, merchant cash advance, mobile applications and other payment processing and financial services
    Everyware
    With the mission of making payments faster for merchants and easier for consumers, Everyware enables merchants to offer consumers a secure way to pay. Merchants can collect payments quickly by texting an invoice, while consumers can conveniently pay anywhere and anytime. From repaying loans to paying rent, transactions are now effortless, as opposed to logging into a website or calling a toll free number to wait on hold. Clients can easily establish a merchant account for payments and starting using their two-way text communication system by simply logging into Everyware’s web-based portal. Businesses are assigned a dedicated messaging number to start texting and manage payments
    FreedomPay
    FreedomPay acts as a bridge that links the client's entire existing infrastructure, enabling them to innovate and accelerate product adoption. FreedomPay’s platform acts on detailed data collected across all POS and ERP systems and uses one gateway to streamline every transaction. Unlike other payment solutions, FreedomPay does not follow a ‘one size fits’ all approach as each merchant has unique requirements. Based on each merchant’s requirements, the company provides tools and payment platform. At the same time, FreedomPay’s commerce platform is customer-centric with a mission to help merchants provide unique experiences for their customers that is centralized around the payment process
    Payall Payment Systems
    Payall Payment Systems, a Florida-based financial technology firm develops a revolutionary payment engine that gives banks a turnkey cross-border payment product that exceeds the expectations of modern-day users without disturbing the bank’s Core. The firm helps banks enable their business customers make payments internationally better, easier, faster, cheaper and more securely. To effectuate this, the company works with regulated entities around the world to ensure funds' security and compliance. Payall also embraces all regulations in concert with bank partners. Along with serving the multi-trillion-dollar market of the U.S. companies making international B2C and B2B payments, Payall also supports the domestic U.S. market, allowing 24x7 instant payments within the country
    Prepaid Ventures
    Headquartered in New York, Prepaid Ventures provides financial products and solutions in an emerging payments landscape. In 2009, the company launched NexsCard, a prepaid debit card, that enabled the customers of check cashers to load cash onto a network-branded prepaid card at their local check casher, or receive direct deposits, and use the card anywhere Visa cards are accepted. Later, the company built its own processing platform, which included mobile applications, cardholder websites, and more. As one of the top payment and card solution providers, Prepaid Ventures also collaborates with different supply chain providers to introduce seamless, vertically integrated solution in a complex marketplace
    ECARD
    ECARD Inc, a New York-based fintech company, offers innovative solutions for cross border payments. The quick and easy reloadable payment solution is globally accepted, which allows the payment options across 170 countries and regions. ECARD connects with the largest payment card network, UnionPay to provide the ECARD cardholders access to exclusive global rewards. The company offers numerous discounts to the local merchants in and around the city. The reloadable cash cards offered by ECARD can be easily swiped to pay or use international ATMs to withdraw in more than 100 currencies
    REPAY
    REPAY, the fintech and payment processing solution provider, is based in Atlanta, Georgia. The company offers real-time payment options for customers; its credit and debit processing allows lenders to quickly and securely accept cards as a form of payment. The company’s relationship with multiple banks assures the users to access their funds uninterruptedly. REPAY makes the credit and debit processing easy for small businesses and large enterprises with a wide variety of payment methods and customer coverage. REPAY offers reliable and secure payment processing solutions and help the users maintain compliance and execute security regulations
    Wirecard
    Founded in 1999, Wirecard aims to offer future digital payment solutions. The digital payment solution provider focuses on steadily extend their portfolio of payment solutions to focus on their customers and clients. Wirecard has globally active business that also benefits their clients across the world with unique financial technologies for cashless handling of payments. The company provides leading-edge payment systems with enhanced, flexible, and customizable cashless payment services. Wirecard focuses on continually evolving requirements and rules, new digital sales channels, and the global market to provide comprehensive financial expertise and solutions to the customers
    WorldPay
    Worldpay, the financial service providing company, offers solutions for merchants and card issuing. The company provides advanced customer payment experiences from POS systems to integrated card payments to cross-border payments. For card issuing, Worldpay activates the revenue potential in the users’ debit and credit card programs using proven efficiency techniques and innovative tools. The company can efficiently deepen business customer relationships with merchant service programs that tailor the unique needs of financial institutions and clients’ business customers. Worldpay offers payment solutions for both large enterprises and small businesses

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