PayCloud Innovations provides a Trusted Service Manager platform that converges payments, loyalty, and access onto a single secure credential in Apple and Google wallets, eliminating fragmented systems. The platform includes hardware-grade provisioning to Apple's Secure Element and Android HCE, payment orchestration, a white-label wallet, and a SaaS loyalty platform. PayCloud also sells EMV test tools, unified key management, and practitioner-led training to support the full credential lifecycle.
Funding
Funding not disclosed
Founders
Product
Problem
Banks, transit agencies, and enterprises often run separate systems for payments, loyalty, identity, and physical access, forcing customers to juggle multiple cards, apps, and credentials. This fragmentation drives operational complexity and weakens brand engagement, while implementing secure mobile credentials traditionally takes years of custom integration and scheme certification work.
Solution
PayCloud Innovations provides a Trusted Service Manager platform that unifies payments, loyalty, and access onto one secure credential provisioned directly to Apple's Secure Element and Google Wallet. The platform manages chip-level credential provisioning, payment orchestration across multiple processors without lock-in, and a SaaS-based loyalty engine embedded inside the credential. Enterprises can move from pilot to nationwide deployment in months rather than years using a single integration, while a white-label wallet option allows brands to host their own wallet infrastructure. The company also delivers EMV test tools, unified HSM key management, and training to accelerate certification and reduce production risk.
Target Audience
Primary customers are issuer banks, payment networks, transit agencies, personalization bureaus, certification labs, and card/POS manufacturers. Secondary users include card and terminal developers, certification engineers, and platform architects seeking unified credential provisioning, EMV testing, and key management.
Features
- Apple SE TSM for chip-level credential provisioning and Android HCE host card emulation with NFC implementation across transit, access, validation, and loyalty
- Payment orchestration with multi-processor routing and no vendor lock-in, plus secure e-commerce checkout integration
- White-label wallet infrastructure and SaaS loyalty platform where loyalty programs are embedded inside the payment credential itself
- Unified Key Management with native EMV key hierarchy support (IMK-AC, IMK-SMI, IMK-SMC, IMK-IDN), Option A/B derivation, GP SCP02/SCP03 secure channels, automated rotation, and FIPS 140-2 Level 3 / PCI HSM v3.0 alignment
- PayCloud Test Tools covering EMV data preparation for VSDC, qVSDC, M/Chip Advance, M/Chip Flex, and PayPass; CA simulator for key ceremonies; EMV card analyzer validated against Visa VIS and Mastercard M/Chip; Android SoftPOS simulator; and a full network simulation sandbox including gateway, acquirer, scheme, issuer switch, and fraud engine
- HSM Orchestrator providing one abstraction over physical HSMs, AWS CloudHSM, and Azure HSM with local simulators for CI/CD, plus automated key injection ceremonies enforcing dual-control and split-knowledge
- Three practitioner-led training tracks: EMV Chip & Contactless, Card Issuing & Personalization, and TSM, NFC & Tokenization, with tag-level hands-on labs and BER-TLV debugging