Top 20 Payment and Card Tech Companies - 2018

Top 20 Payment and Card Tech Companies - 2018

Over the past decade, digitization has fueled the unbridled growth of our world. Its impact on the financial industry is quite evident as seen by the unparalleled evolution in monetary transactions. Smartphones have become the crux of this revolution. Through mobile banking apps and digital wallets, secure transactions can be made across the world leading to a decline in the number of transactions being made through paper currency and cards. Digital payments are simpler, easy to trace, and secure which is why all players in the industry are adopting this technology.

The rapid proliferation of digital transactions makes it imperative for all organizations to setup their own payment gateways that can maintain the integrity of transactions and also have a strong security framework. To facilitate this, numerous solution providers have emerged in the market. Technologies such as Artificial Intelligence and Machine Learning are being used to analyze credit card transactions to enable real-time verification and fraud detection. Big Data has a wide range of applications such as consolidating payment platforms, determining credit score in real-time, understanding customers, and detecting money laundering. The next level of innovation in the payment and card solutions ecosystem will be spearheaded by blockchain technology, the most secure way of storing data.

With the growing number of options in the market, CIOReview has put together a list of top payment and card solution providers to help organizations make the right choice. This list was compiled by a distinguished panel of CEOs, CIOs, VCs, industry analysts, and CIOReview’s editorial board. This will help CIOs, CTOs, and CMOs make the right choice while deciding their payment partners.

Having considered the importance of cost-effective and innovative solutions, we present to you the “20 Most Promising Payment and Card Solution Providers - 2018.”

Top Payment and Card Companies

Amaryllis

The Amaryllis Payment Platform imbibes transparency and security into the payment interactions among complex payment models, merchants, and acquirers

ECHO Health

A leading innovator of healthcare payment solutions, connecting payers, healthcare providers and members (patients) in the most modern, cost-effective and efficient manner

Galileo Processing

The company provides an innovative payment processing platform and solutions to support prepaid, debit, credit and virtual card programs

Member Access Pacific

Provides state-of-the-art Visa debit processing platform that helps credit unions and its members to improve transparency, functionality and accessibility of card usage

Motionsoft

Motionsoft offers an integrated payment processing solution to optimize payments for the health and wellness industry

nCourt

nCourt connects diverse government entities and the public by providing integrated civic engagement and payment solutions to facilitate easy, secure, and efficient interactions

NIC Inc. [NASDAQ:EGOV]

A digital payment solutions provider focused on serving federal, state, and local government agencies

NMI

NMI’s payments technology allows ISOs, ISVs, VARs and payment facilitators to offer omni-channel payment gateway services to their merchants

ReliaFund

Provides billers and software developers with reliable, efficient services to enable electronic collection and disbursement of funds

RentMoola

RentMoola is a robust platform for tenants and property managers to render faster intuitive payment interactions and maintain streamlined relationships

Riverside Payments

Offers the best credit card processing products for the lowest prices and guarantees the best service across the USA

Singular Payments

Provides custom flat rate payment processing solutions so businesses can achieve seamless and effective gateway solutions

Amazon Payments, Inc.

Makes it simple for hundreds of millions of customers around the globe to check-in and check out using information already stored in their Amazon account

Apple Pay

Helps users make secure purchases in stores, in apps, and on the web, besides sending and receiving money from friends and family right in Messages

Due

Makes it easy to accept payments, create professional looking invoices, capture expenses and effortlessly track your time with Due

Google Wallet

One-to-one payment platform enabling users to pay one another via phone number or email address

Payoneer, Inc.

Enables millions of businesses and professionals from more than 200 countries to grow globally by facilitating seamless, cross-border payments

PayPal

Creates better ways to manage and move money, and offers choice and flexibility when sending payments, paying or getting paid

Square, Inc.

Helps sellers of all sizes start, run, and grow their business and helping them grow their business is good business for everyone

Stripe

Aims to expand internet commerce by making it easy to process transactions, manage an online business, thereby increase the GDP of the internet