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Payments
Payments covers the movement of money between parties. It spans everything from accepting a customer payment and moving funds between accounts to issuing cards and paying out funds to sellers, workers, or claimants, along with the orchestration and risk/compliance layers that support those flows. It currently sits within the Fintech-wide business area, since payment functionality is used across banking, insurance, retail, and other verticals rather than belonging to any one of them.
Tools and platforms that let a business take payments from customers: card processing, gateways, POS and e-commerce checkout, and payment service provider (PSP) infrastructure.
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Platforms for issuing virtual or physical cards, including issuer processing, program management, and BIN sponsorship for banks, fintechs, and corporates launching card products.
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Middleware that sits above multiple processors or payment methods, routing transactions intelligently, handling retries/failover, and giving a single integration point across providers.
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