IXOPAY

IXOPAY is a scalable payment orchestration platform for enterprise merchants and white-label PSPs, founded in 2014 and headquartered in Vienna. It merged with TokenEx in 2024.

Orchestration features

Key products are smart routing and cascading, a risk engine, PCI vaulting through TokenEx, reconciliation, settlement and more than 300 adapters. Cascading lets a transaction retry through another route if the first one fails, while reconciliation and settlement tools help finance teams match payments.

Customers and markets

Target verticals include enterprise retail, airlines, iGaming, digital goods and PSPs. Coverage is described as global, including the EU, US, UK, APAC and LATAM. The company says the platform suits both large merchants and banks or PSPs.

Commercial model

Pricing is enterprise SaaS or a white-label licence plus a transaction-based fee. This is a platform sold under contract, not a self-service product, and the exact fees are agreed individually.

Who it suits

Large merchants with several acquirers, and payment providers that want to offer orchestration under their own brand. Integration scope, supported acquirers per market and the contracting entity should be confirmed during the sales process.