Abstracting complexity: how to navigate the payments ecosystem with confidence

From individuals to companies, purchasing goods and services today has become increasingly seamless. Technology has opened up a world of possibilities for businesses to build modern payment solutions. These advances have given birth to a new dynamic that is empowering businesses and organizations of all sizes to build any payment product their imaginations permit.

Simplifying Payments

The job of enabling incredible, scalable and repeatable user experiences is usually anything but simple. Within seconds of a card or mobile device being offered at a payment terminal, multiple players within an ecosystem are required to communicate a set of instructions to ensure the rapid and secure transfer of funds and this all happens while processing and transforming data into actions personalized for the end user.

Regardless of whether the consumer clicks, swipes, dips or taps, if that transaction happens securely and without friction, most would agree that superior payment experience has been executed.

Abstracting the Complexities

No matter what complexities are faced on the back end, simplicity on the front end with a seamless experience for the customer is truly the holy grail for modern payment innovators. And it’s the intricacies found within this complex ecosystem, along with the ultimate goal, that we explore in this white paper.