Basis Theory

Basis Theory is a token orchestration platform that helps businesses securely collect, store, and manage sensitive payment data. It acts as a payment vault, replacing card numbers and other sensitive information with non-sensitive tokens, and routes transactions to any payment service provider (PSP) for flexibility and redundancy. The platform is designed to optimize payment flows, improve authorization rates, and reduce churn while maintaining compliance with industry standards including PCI Level 1, SOC 2 Type II, ISO 27001, and HIPAA. Basis Theory provides Elements (secure input fields) to collect sensitive data directly and a proxy feature to handle data without exposing it to the business's systems. It supports various payment methods including credit cards, Apple Pay, and Google Pay, and enables omnichannel data consolidation for e-commerce, subscriptions, and creator economy use cases. The platform appears to be enterprise-focused, with custom pricing that requires contacting the sales team.