Payments Models vs. Payments Maturity

Should your software company become a payment facilitator?Move beyond a referral model? Gain more control over its payments program?These are important questions, but they may not be the bestplace to start.In this episode of Payment Pulse, Shannon and Michelleexplain why a company’s payments model and its payments maturity are not the same thing.A payments model determines how a program is structured.Payments maturity reflects how effectively a software company builds, operates, grows, and improves its payments business over time.Shannon and Michelle discuss the five-stage Embedded Payments Maturity Model and share:·      What each stage looks like·      Why payments programs often plateau after launch·      How software companies can align their paymentsstrategy with their changing business priorities.Whether your company recently launched payments or has been processing transactions for years, this episode will help you identify where your program stands- and which capability you may need to build next.🎧 Subscribe to Payment Pulse for more insights on embedded payments, SMB growth, and turning paymentsinto a strategic advantage.SpotifyApple Podcast Follow Xplor Pay on Social Media:  FacebookInstagramThreadsXLinkedInYouTube