Cross-border payments with a global vault

Start supporting multiple payment methods and fund flows worldwide. Remittance platforms can work with their preferred processors, partners, and payment methods—knowing the payment details are tokenized and stored within Basis Theory.

What can tokenization do for remittance platforms?

Unlock processor optionality

Configure retry logic so any failed pay-in or pay-out transaction can be retried for authorization with a backup payment processor to decrease declines.

Reduce more than 90% of PCI scope

Store card data in a secure, PCI-compliant vault that can be accessed for authorization or renewals. Tokens remain accessible for recurring or card-not-present transactions without the burden of PCI requirements.

Support global payment flows

Operate freely while maintaining control of each transaction. Offer multiple payment methods and route each transaction on the path best for authorization and the receiver’s preferences.

You move the money, we secure the data.

Basis Theory customers retain full ownership, utility, and flexibility of their data without the compliance scope associated with storing it. Payment remittance platforms can use the payment data already provided to streamline the transaction process—while migrating it to a PCI Level 1 environment.

More effective money movement with processor optionality

An agnostic payment vault can unlock a multi-payment processor strategy for payment remittance companies. A multi-PSP strategy can:

Increase customer LTV by $75*

Successfully process 30% of failed transactions with retry*

Reduce customer churn by 50%

*By assuming standard inputs of 100,000 monthly purchases at $30 each in our ROI model. Visit this link to input your numbers and see the ROI of vaulting with Basis Theory.

More of the transactions you want. Less of the risk and fraud you don't. Start testing now or discuss your use case with our team today.