Payments For Platforms: Joshua Silver (Rainforrest)

In this episode of Payments.FM, Joshua Silver, the CEO of Rainforest, delves deep into the intricacies of payment integration models for software platforms.We discuss the two primary models: the integrated referral model and the embedded payments model. Joshua highlights the advantages and disadvantages of each approach and emphasizes the importance of service, technology, and commercials in selecting a payment provider.We also touch on the challenges of fraud and compliance, and how Rainforest's unique approach mitigates these risks while offering a seamless user experience.Tune in for actionable insights on improving your platform's payment performance and understanding the evolving landscape of the payments industry.00:00 Introduction to Payment Models 01:58 Options for Integrating Payments into Software Platforms 03:15 Understanding Embedded Payments 05:15 The Role of Payment Facilitators 08:44 Balancing Risk for software platforms 16:06 Enhancing Platform and Merchant Experience 23:42 Competing in the Payment Platform Market 26:46 Challenges and Future of the Payments Industry This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit payments.fm