Research shows that the global payment processing solutions market is growing at a compound annual growth rate (CAGR) of 12% and is expected to be worth around $198 billion by 2032.
Why it matters: Consumers are looking for fast, convenient payment options, and businesses are under increasing pressure to offer those options securely. More than ever, having a secure and easy-to-use payment processing system has become a cornerstone of customer satisfaction and operational success.
Build vs. buy: As companies adapt to consumer demand for intuitive, streamlined payment options, they face a pivotal choice: should they build or buy a payment solution? In this eBook, we provide a comprehensive overview of the build or buy debate with insights from our finance experts:
- Factors to consider when building or buying a payment processor.
- Pros and cons of third-party and custom systems.
- Hidden costs of building and buying payment processors.
- Industry-specific recommendations for off-the-shelf solutions.
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Contributing expert: Irhad Babić
