Simplifying Payment Systems for Fintech Products
🎯Session Overview
Are you building fintech products but feel lost when payments discussions get technical? This session is your guide. We'll pull back the curtain on what happens when a customer taps "pay" and break down the complex web of players that make digital payments work. You'll understand the specific roles of Issuers, Acquirers, Payment Gateways, and Payment Processors in plain English, helping you make smarter product decisions and optimize your payment flows for better user experience.
📝What you will learn
By the end of this session, participants will be able to:
Differentiate between the distinct roles of the Issuer, Acquirer, Payment Gateway, and Payment Processor
Explain how these key players interact in a typical payment transaction flow
Analyze how the choice of each player can impact a product's transaction speed, cost, and security
Identify common points of failure in the payment chain and how to troubleshoot them.
🧑💻Meet your Facilitator
About Treford Learner Community (TLC)
Treford Learner Community is a gathering of professionals around the world looking to meet other like minds and grow together through community engagements physically and virtually.