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Top 10 Payment and Card Solution Providers - 2018

Historically, most of the payments were made through cash or cheques; however, with digitization things have changed now. From bitcoins to digital wallets, payment industry has evolved. These cutting-edge technologies are redesigning the conventional model of payment services to alleviate cumbersome transaction methods whether paying in-store, online or via a mobile device.

These significant changes are also leading to the launch of new payment platforms and tools rapidly, almost on a daily basis. New age payment processes, like Mobile payments, are not just changing how consumers are spending but also transforming the way of accepting, securing and facilitating payments. These unconventional payment processes are majorly powered by cloud-hosted software that provides a unified transaction platform easily reached anywhere just with one touch. Artificial intelligence (AI) and Machine Learning (ML) are also helping in revolutionizing the way payments are processed. AI can reduce processing times for payments while removing human error, on the other hand, ML acts as a valuable part of fraud detection.

With a variety of solution providers in the market, finding the right solution is often a complicated task for the businesses. To help them in making the right choice, Banking CIO Outlook has put together a list of top payment and card solution providers. This list has been compiled by a distinguished panel of CEOs, CIOs, VCs, industry analysts, and Banking CIO Outlook’s editorial board. It will help CIOs, CTOs, and CEOs make the right choice while deciding their payment partners.

We present to you Top 10 Payment & Card Solution Providers - 2018.

Top Payment and Card Companies

Provides services and solution for credit/debit cards that includes terminals, virtual terminals, e-commerce, mobile, and point-of-sale; customized to fit any need

basyspro.com

The firm offers a simple, easy, and secure payment solution that enables businesses and individuals to send payments and receive payments via digital checks

checkbook.io

An industry leader in payment processing services including credit card processing, check processing, ATM, merchant cash advance, and financial services

www.chosenpayments.com

ECARD Inc. is a FinTech company that delivers a better, faster, and simpler payment solution for customers who travel internationally or make day-to-day purchases at home

ecardinc.com

Provides transaction solutions, including mobile payments, cashless solutions, virtual and remote terminals, payment processing, intelligent analysis, routing of promotions, incentives, and more

corporate.freedompay.com

The payment software company leverages blockchain technology for fast, secure, and real-time payment transactions

paysett.com

Priority Payment Systems

Priority Payment Systems

Provides custom-built payment ecosystem-MX Merchant, for small and medium sized business

TAS

TAS

Delivers software solutions for electronic money, payment systems, capital markets

WEX

WEX

Providing complete payment solutions, easy to use tools - for fleets, corporate payments and healthcare

Worldpay

Worldpay

Provides payments processing technology & solutions for business customers via secure proprietary platforms, enabling organizations to accept many payment types, across multiple channels