Payment technology is rapidly evolving to meet business needs of providing ubiquitous, convenient, fast and secure payment experience for end users. New payment innovations are empowering businesses and customers alike. Payment service providers are faced with a challenge of orchestrating change with myriad of slow moving, interconnected, bulky legacy systems.
At TO THE NEW, we help payment businesses with modern, scalable and future ready technology solutions offering a competitive edge.
Challenges being faced by the Digital Payment companies
Friction and transaction failure rate during payment processing
Chances of credit/ merchant/ operation risk and fraud