Plasmatic provides an open‑source, API‑first payment engine called Reframe that lets developers integrate modular, microservice‑based payment processing into any application with real‑time settlement and built‑in compliance. The platform includes SDKs, sandbox testing, and optional enterprise support, enabling businesses to customize payment flows while avoiding vendor lock‑in.
Funding
Funding not disclosed
Founders
Product
Problem
Developers and enterprises often rely on proprietary, monolithic payment platforms that are difficult to customize, lack transparent source code, and impose restrictive licensing, making it hard to adapt payment flows to specific business needs or integrate with existing systems.
Solution
Plasmatic offers an open-source, API‑first payment engine called Reframe that provides modular, microservice‑based processing with real‑time settlement and enterprise‑grade security. The platform supplies comprehensive SDKs, documentation, and a sandbox environment, enabling developers to integrate payment capabilities into any application within minutes. Its transparent, community‑driven codebase allows businesses to customize functionality, ensure regulatory compliance, and avoid vendor lock‑in while benefiting from optional enterprise support and custom implementations.
Target Audience
Primary customers are software developers building fintech applications and enterprises seeking a customizable, secure payment infrastructure that can be integrated with existing systems.
Features
- Modular architecture with composable payment modules and microservices for flexible workflow design
- API‑first design with extensive RESTful endpoints and language‑specific SDKs for rapid integration
- Real‑time transaction settlement and detailed webhook notifications
- Built‑in compliance support for PCI DSS, SOC 2, and other industry standards
- Enterprise‑grade security including encryption, access controls, and continuous monitoring
- Open-source codebase hosted on GitHub with community contributions and transparent development
- Dedicated sandbox environment for safe testing of payment flows without affecting live data
- Optional enterprise support packages offering custom implementations, SLA guarantees, and priority assistance