Software for the Payments Industry: Insights on Building vs Buying

Episode 5 November 13, 2023 00:31:13
Software for the Payments Industry: Insights on Building vs Buying
Payments Ground Game
Software for the Payments Industry: Insights on Building vs Buying

Nov 13 2023 | 00:31:13

/

Hosted By

Elaina Smith Kevin Smith

Show Notes

In this episode of Payment Ground Game, we hash out this pressing question for payments companies: is it better to build or to buy software?

We cover potential pitfalls, highlight the must-asks when outsourcing, and share our personal experiences with our own software products for underwriting and merchant settlement, Prospector and Pioneer. We take you deep into the realities of costs, timeline uncertainties, customizability, and why constant reinvestment is essential.

We also talk about planning, testing, and user feedback.

Join us in unraveling the complexities of software development in the payments industry. No one said it would be easy, but with the right balance, success is within reach! Tune in, get smarter, and let’s turn challenges into opportunities!

Other Episodes

Episode 2

October 06, 2023 00:16:07
Episode Cover

Streamlining Processes for Improved Profitability: Insights for ISO Owners

Hosts Elaina Smith and Kevin Smith dive into the world of operational improvements for ISO owners.  In this episode they tackle five key areas...

Listen

Episode 11

April 30, 2024 00:47:29
Episode Cover

Disrupting the Payment Industry's Legacy Tech Stack: An Inside Look with Secure Bancard CTO Billy Boozer

On this episode of Payments Ground Game, hosts Kevin and Elaina Smith are joined by guest, Billy Boozer, the new CTO at Secure Bancard. ...

Listen

Episode 10

April 17, 2024 00:49:33
Episode Cover

The Power of Intentional Growth in the Payments Industry: The SONA Story

In this episode, we delve deep into the core of what makes a business thrive.   Join us as we unpack the journey of Ryan...

Listen