Software for the Payments Industry: Insights on Building vs Buying episode artwork

EPISODE · Nov 13, 2023 · 31 MIN

Software for the Payments Industry: Insights on Building vs Buying

from Payments Ground Game · host Kevin and Elaina Smith

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!

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!

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Software for the Payments Industry: Insights on Building vs Buying

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How long is this episode of Payments Ground Game?

This episode is 31 minutes long.

When was this Payments Ground Game episode published?

This episode was published on November 13, 2023.

What is this episode about?

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...

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