Managing complexity and risk to create a successful payments strategy with Nikita Skitev

Payments Strategy Show

With payments technology getting more and more complicated -- and fraud evolving at a similar rate -- how can SaaS companies build a winning payments strategy in a rapidly changing payments industry?
Nikita Skitev of Payments Strategist joins host Joshua Silver to discuss this question and much more. They covered:

• The best way to learn about payments and fintech quickly when you’re just starting out
• Hidden costs of an all-in-one “walled garden” solution, and when to choose open ecosystem providers instead
• 6 key components to payments strategy, and why platforms must proactively manage their own fintech roadmap
• Two common types of fraud, and how SaaS platforms can grow volume without taking on excessive risk
• How to holistically evaluate a payment solution from both the payer and payee perspective – and why software companies need to consider both

Episode transcript: https://www.rainforestpay.com/blog/payments-strategy-show-006-nikita-skitev

The Payments Strategy Show is brought to you by Rainforest, embedded payments purpose-built for vertical SaaS.

Grow revenue with the only payfac-as-a-service provider optimized to help you drive more payments volume at higher margins, without risk or compliance headaches.

Learn more: https://rainforestpay.com

Connect with us on LinkedIn: https://linkedin.com/company/rainforestpay

פרקים

1. Introduction (00:00:00)

2. Journey into payments (00:00:35)

3. Complexities and learning in payments (00:01:27)

4. Starting Payment Strategist (00:04:09)

5. Challenges with recurring payments (00:07:35)

6. Importance of payment strategy (00:14:16)

7. Risk management in payments (00:18:07)

8. Key considerations for SaaS platforms (00:25:20)