Logo of Lithic

Lithic

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Last updated on

Company health

Employee growth
9% increase in the last year
Web traffic
41% decrease in the last quarter
Financing
April 2021 - $115M

Ratings

G2
4.5/5
(2)
Glassdoor
4.0/5
(14)

Lithic description

Lithic is a platform that makes it easy for businesses to create and manage their own payment cards. It provides tools to issue virtual and physical cards, track spending, and integrate with other financial systems. Lithic is designed for developers and offers flexible APIs and documentation to support custom integrations. This allows businesses to tailor the platform to their specific needs and workflows.


What companies are using Lithic?

MeRcury is using Lithic
MeRcury
dash.fi is using Lithic
dash.fi
GOrdian is using Lithic
GOrdian
Novo is using Lithic
Novo
Papaya Global is using Lithic
Papaya Global
Torch is using Lithic
Torch
Parker is using Lithic
Parker
Zapier is used by MeRcury, dash.fi, GOrdian, Novo, Papaya Global, Torch, Parker.

Who is Lithic best for

Lithic is a developer-friendly platform ideal for businesses needing flexible payment card programs. It offers virtual and physical card issuance, real-time transaction data, and robust spend controls. Lithic is best suited for medium to large-sized companies seeking a scalable solution.

  • Best for medium to large businesses (100+ employees) seeking scalable payment solutions.

  • Ideal for fintech companies and businesses in the finance, banking, and software industries.


Lithic features

Supported

Virtual cards can be issued programmatically via Lithic's API.

Supported

Lithic supports physical card issuance through partners who handle printing and logistics.

Supported

Users can configure cards for digital wallets and enable in-app push provisioning.

Supported

Lithic supports same-day and next-day ACH with virtual bank accounts.

Supported

Provides real-time transaction data with details like merchant and location.

Supported

Webhooks provide asynchronous notifications for transaction changes.

Supported

Offers controls for card authorization, fraud prevention, and spend management.


Lithic pricing

The commentary is based on 2 reviews from Lithic G2 reviews.

Lithic offers flexible APIs and robust card issuing services, but some users find the pricing structure expensive. While it streamlines payment processes effectively, potential users should carefully evaluate costs.

See the Lithic pricing page.


Lithic alternatives

  • Logo of Adyen
    Adyen
    Global payments platform. One integration for all sales channels.
    Read more
  • Logo of Stripe Issuing
    Stripe Issuing
    Create, control, and manage your own branded payment cards.
    Read more
  • Logo of Stripe Billing
    Stripe Billing
    Recurring payments, effortless subscriptions, and less churn.
    Read more
  • Logo of ASTROPAY
    ASTROPAY
    Global payments, virtual cards, and easy money transfers.
    Read more
  • Logo of PEX
    PEX
    Control employee spending, automate payments, simplify accounting.
    Read more
  • Logo of B4B Payments
    B4B Payments
    Global payroll and expense prepaid cards. Simple, secure, streamlined.
    Read more

Lithic FAQ

  • What is Lithic and what does Lithic do?

    Lithic is a card issuing platform enabling businesses to create and manage virtual and physical payment cards. It offers real-time transaction data, spend controls, and flexible APIs for seamless integration with existing systems. This makes it ideal for companies seeking greater control over their payment processes.

  • How does Lithic integrate with other tools?

    Lithic integrates with other systems through its flexible APIs and webhooks. These tools enable real-time transaction data updates and facilitate connections with various financial platforms, allowing for seamless data flow and custom integrations.

  • What the main competitors of Lithic?

    Lithic's main competitors include Stripe Issuing, Adyen, and Volopay. These companies offer similar services, such as card creation and management, expense tracking, and integrations with other financial platforms.

  • Is Lithic legit?

    Lithic is a legitimate platform for creating and managing payment cards. It's rated 4.5/5 on G2 and offers features like virtual and physical card issuance, real-time transaction data, and spend controls. While pricing isn't public, Lithic is generally considered safe and reliable for businesses.

  • How much does Lithic cost?

    Lithic does not publicly disclose its pricing. For product pricing details, you'll need to contact their sales team for a custom quote. This may depend on factors like transaction volume and specific business needs.

  • Is Lithic customer service good?

    There is no customer service information available for Lithic. However, Lithic is generally well-regarded for its developer-friendly platform and flexible API integrations for card issuance and management.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.

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