London, W1J 6HE,
United Kingdom
Payset Technographics
Discover the latest software purchases and digital transformation initiatives being undertaken by Payset and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 70 Payset employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Payset has purchased the following applications: Thought Machine Vault Payments for Payment Processing in 2024, Salesforce Chat (formerly Salesforce Live Agent) for Chatbots and Conversational AI in 2021, Google Workspace (Formerly Google G-Suite) for Collaboration in 2020 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Payset is running and its propensity to invest more and deepen its relationship with Thought Machine , Salesforce , Google or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Payset revenues, which have grown to $7.0 million in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Payset intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
ERP Financial Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Thought Machine | Legacy | Thought Machine Vault Payments | Payment Processing | ERP Financial Management | n/a | 2024 | 2024 |
In 2024 Payset adopted Thought Machine Vault Payments to support virtual business and retail card products, payment orchestration and multi-currency account flows for SMB customers in the UK and with planned expansion to 10 countries. The vendor relationship began in 2022 and Payset signed for Vault Payments in June 2024, with the initial card rollout and related payment feature schedule planned for 2024. This implementation centers on a cloud native Payment Processing platform provided by Thought Machine Vault Payments, deployed to handle card issuance and account level multi currency flows.
The deployment is organized around Vault Payments core capabilities for card product configuration, payment orchestration and account management, with configuration focused on virtual business cards, retail card variants and multi currency account flows. Implementation work emphasized card lifecycle management, authorization routing and settlement orchestration as Payment Processing functional workflows, aligned to SMB product packaging and fintech issuer operations.
Integrations are concentrated on operational handoffs rather than third party naming, with the implementation scoped to embed Thought Machine Vault Payments into Payset product, operations and risk controls to support issuing and clearing workflows. Operational coverage begins with UK SMB customers and is planned to extend to up to 10 countries, indicating phased regional rollout and productization sequencing for cross border currency handling.
Governance and rollout planning reflect a vendor relationship that started in 2022 and a contractual commitment in June 2024, with the initial production card issuance and payment features scheduled within 2024. Internal functions engaged include product, operations, compliance and engineering teams responsible for configuration governance, card program rules and operational procedures required to run the new Payment Processing platform.
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AI-Powered Application
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Salesforce | Legacy | Salesforce Chat (formerly Salesforce Live Agent) | Chatbots and Conversational AI | AI-Powered Application | n/a | 2021 | 2021 |
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Collaboration
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Legacy | Google Workspace (Formerly Google G-Suite) | Collaboration | Collaboration | n/a | 2020 | 2020 |
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Online Meeting Scheduling | Collaboration |
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2022 | 2022 |
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CRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Customer Support | CRM |
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2022 | 2022 |
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Marketing Analytics | CRM |
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2022 | 2022 |
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Marketing Analytics | CRM |
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2022 | 2022 |
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Marketing Automation | CRM |
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2023 | 2023 |
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Sales Automation, CRM, Sales Engagement | CRM |
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2021 | 2021 |
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Tag Management | CRM |
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2020 | 2020 |
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ITSM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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IT Service Management | ITSM |
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2023 | 2023 |
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TRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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AML, Fraud and Compliance | TRM |
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2023 | 2023 |
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PaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Transactional Email | PaaS |
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2023 | 2023 |
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IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Application Hosting and Computing Services | IaaS |
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2024 | 2024 |
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Content Delivery Network | IaaS |
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2023 | 2023 |
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Content Delivery Network | IaaS |
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2024 | 2024 |
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Content Delivery Network | IaaS |
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2021 | 2021 |
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