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APIs · head to head

Pusher vs Thredd

Pusher logo

Pusher

APIs

Realtime messaging API for building live features into apps

From
Free
Rated
-
Thredd logo

Thredd

APIs

Issuer processing platform for fintechs and digital banks, formerly Global Processing Services

From
On request
Rated
-

The short version

  • Only Pusher has a free tier, so it costs nothing to try first.
  • Each has a real cost: Pusher the free Sandbox plan is capped at 100 concurrent connections, which is quickly outgrown by production apps.; Thredd pricing is entirely unpublished, so cost comparison against competing processors requires a sales process.
  • They diverge on capability: Pusher covers Pub/sub channels, Thredd covers Issuer processing.
  • Prices and features above were last checked on 1 September 2026.

Where they differ

Only the attributes on which Pusher and Thredd actually diverge.

Attributes where Pusher and Thredd differ
AttributePusherThredd
Starting priceFreeOn request
Pricing modelfreemiumquote
Free tierYesNo
Platformsweb, ios, android, apiWeb, API

Identical on both: user rating (Not yet rated), category (APIs).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Pusher

  • Pub/sub channels
  • Presence channels
  • Client libraries
  • Webhooks
  • 24/7 monitoring
  • Priority support

Only in Thredd

  • Issuer processing
  • Multi-country reach
  • Scheme certification
  • Programme support across verticals
  • High platform availability
  • Global office footprint

What people use each for

The jobs each tool is most often brought in to do.

Pusher

  • Adding live chat to a web or mobile appnot Thredd
  • Showing realtime presence of online usersnot Thredd
  • Pushing live notifications or dashboard updatesnot Thredd
  • Building collaborative features without managing WebSocket serversnot Thredd

Thredd

  • A digital bank or fintech needing issuer processing across many countries under one contractnot Pusher
  • A BNPL, lending or crypto product needing certified card processing behind its own brandnot Pusher
  • A company that finds outdated Global Processing Services (GPS) material and needs to confirm it is now Threddnot Pusher
  • An embedded finance platform wanting a processor already integrated with core banking systems such as Mambunot Pusher

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Pusher

  • The free Sandbox plan is capped at 100 concurrent connections, which is quickly outgrown by production apps.
  • Pricing jumps sharply between tiers (e.g. $49 to $99 to $299), leaving few options for teams with moderate but growing usage.
  • Priority support with faster response times costs an additional $3,000/month on top of plan pricing.

Thredd

  • Pricing is entirely unpublished, so cost comparison against competing processors requires a sales process.
  • The 2023 rebrand from GPS to Thredd means research under either name alone can miss relevant material, and partner or press references before 2023 will still say GPS.
  • Issuer processing does not include the banking licence itself, so a fintech still needs a separate BIN sponsor or bank partner, adding a second relationship to manage.
  • As shared infrastructure behind many fintech brands, an outage or processing delay at Thredd becomes a simultaneous incident for every programme running on it, with limited visibility for any single customer into root cause.
  • Its verticals span crypto, BNPL and remittance broadly, so depth of specialist support in any one vertical may be thinner than a processor focused narrowly on that niche.

Pricing, plan by plan

Pusher

Free
  • SandboxFree
    • 200k messages/day
    • 100 concurrent connections
    • Standard support
  • Startup$49/month
    • 1M messages/day
    • 500 concurrent connections
  • Pro$99/month
    • 4M messages/day
    • 2,000 concurrent connections
  • Business$299/month
    • 10M messages/day
    • 5,000 concurrent connections
    • Premium support

Thredd

On request
  • Thredd$undefined/year
    • Volume and programme-based pricing, not published
    • Custom quote required via sales

Which should you pick?

Choose Pusher if

  • You need pub/sub channels.
  • You want to start without paying.
  • You work on web, ios, android, api.
  • You also want presence channels.

Choose Thredd if

  • You need issuer processing.
  • You work on Web, API.
  • You also want multi-country reach.

Questions people ask

Is Pusher or Thredd better?
Neither clearly leads. Pusher starts at Free and Thredd at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Pusher or Thredd?
Pusher has a free tier; the other does not. Paid plans start at Free for Pusher and On request for Thredd.
Does Pusher or Thredd run on more platforms?
Pusher runs on web, ios, android, api. Thredd runs on Web, API.
Can I use Pusher for free?
Yes. Pusher has a free tier, so you can try it without paying. Thredd starts at On request.
What is Pusher best used for?
Pusher is most often used for adding live chat to a web or mobile app, showing realtime presence of online users, pushing live notifications or dashboard updates, building collaborative features without managing websocket servers. Of those, adding live chat to a web or mobile app and showing realtime presence of online users are not what Thredd is typically brought in for.
What can Pusher do that Thredd cannot?
Pusher covers Pub/sub channels, Presence channels, Client libraries, Webhooks. Thredd covers Issuer processing, Multi-country reach, Scheme certification, Programme support across verticals.

Answered from the vendors’ own pages

Pusher: What does Pusher cost?

Pusher Channels offers a free Sandbox plan (200k messages/day, 100 connections) and paid plans starting at $49/month for Startup, scaling up through Pro, Business, and several higher tiers up to $1,199/month, plus custom Enterprise pricing.

Source
Thredd: Is Thredd the same company as Global Processing Services?

Yes, GPS rebranded as Thredd in 2023; it is the same company and platform.

Pusher: Can I change or cancel my plan?

Yes, customers can log into the dashboard and adjust their plan at any time, including upgrading, downgrading, or cancelling.

Source
Thredd: Does it hold the banking licence for programmes it processes?

No, Thredd is the issuer processor; a separate bank or BIN sponsor holds the actual issuing licence.

Pusher: How is usage metered?

Usage is measured by concurrent connections and messages per day; a message counts both the publish and each delivery, so publishing one message to 50 subscribers counts as 51 messages.

Source
Thredd: Is pricing published?

No, it requires a sales conversation.

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