Within the Basis Theory vault are add-on features that work behind the scenes to keep transactions operating smoothly. No manual updates, and no interruptions caused by an outage.
Recover lost revenue by preventing avoidable declines caused by expired, reissued, or replaced cards.
Ensure recurring payments continue without asking customers to re-enter card details.
Stay secure and compliant through identity confirmation that reduces fraud.
Network Tokens
Payment tokens provisioned by the card networks that merchants can use to replace the Primary Account Number (PAN) and decrease chargebacks.
Merchants can leverage these always-up-to-date, secure cryptograms, and experience:
Increased approval rates
Reduced interchange fees
Fewer chargebacks
Account Updater
Cards numbers can easily become out-of-date through expiration, loss or theft, or customers requesting new card numbers.
Keep cards up to date and reduce failed transactions with two Basis Theory workflow actions:
Batch Account Updater for periodic bulk updates of vaulted card tokens.
Real-Time Account Updater for on-demand updates of individual vaulted card tokens.
Bank Identification Number (BIN) Details
Including BIN metadata on every transaction can positively impact the decision that drives approval rates, fraud loss, cost, and customer experience.
Basis Theory can return these BIN details on every token with a single API call.
