Software for the Payments Industry: Insights on Building vs Buying

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!