Psionics? What are you trying to name exactly because usually Psionics are tied with mutants or psychic powers in a more Sci-Fi setting. And the problem with magic is that it has to have a system or rules it follows that at least only you the author fully understands and the reader can follow along, or it starts to feel unfair or nonsensical. But if you add rules and observable outcomes, that's what we call science.
Psionics, still needs better name, stands out as having no price.