• 2015

Company Description

Paymentology offers an array of issuer side payment processing solutions from consultancy, hosting, white label products and modules.

Founded in 2015 by Shane O'Hara and Akshay Patel, Paymentology draws on twenty years of experience in the payment processing industry. With fundamental flexibility and security problems with current legacy platforms that were being inadequately solved via bolt-on fixes, the market was asking for secure and flexible Issuer side processing. Starting with a white canvas, the Paymentology team has developed a platform which demonstrably outperforms legacy systems both in its security and its flexibility. Paymentology aims to be the premier Bank Side Payment Processor. In contrast to current platforms, Paymentology puts platform security ahead of all other priorities and importantly, they demonstrate this clearly to clients. In addition, the Paymentology Rules engine is quickly gaining recognition as ‘the one to beat’ in the market. This AI based rules engine allows banks and card issuers to dynamically control the usage of their cards in the real world, thus reducing card fraud and increasing revenue through advanced card fee application.