becoming an acquirer - pse consultingpseconsulting.com/wp-content/uploads/2016/02/... · in online...
TRANSCRIPT
Becoming an AcquirerAndrea Dunlop, CEO Acquiring & Card
Solutions
June 2016
Going solo
Taking PaySafe from being a PSP using 20 other Acquirers
Going solo
Paysafe had been a PSP for 18 years in
Europe & North America with over 20
acquiring relationships.
Required acquiring membership of the International Card Schemes
Too many hurdles
Gaining principle membership, what can
I say for anyone who is going through
this process!
And a new architecture for connectivity & processing
In house processing capabilities, costs
versus ROI
Outsource processing model –
can be costly
Coming up with new ideas
And a new operating model
Implementation of new operational
teams and processes to support
acquirer model based in Europe, should
be easy!
Presenting to the team
To finally launching into the market and building volume
So low startup costs with a clear strategy
on how to build volume
Can the business support an initial volume
growth business versus revenue focused
business.
Going into the big wide world
Lessons learned…
So many things….
We learnt a better way to do things
Still on the path…
More to come….
We’ve still got work to do, but we’re going the right way