Description
Payments platforms are the merchant’s revenue gathering engines. They must support business growth, reduce operational costs, enhance the customer experience, and deliver information to allow data driven decisions. Unfortunately, many of these platforms, rather than being properly architected, have evolved over time, creating a fragmented and difficult to maintain collection of systems that are barely able to keep up with the marketplace demands.
As the complexities of the payment ecosystem increases, the need to orchestrate all transaction activities such as smart routing, decline retries, report aggregation, card scheme compliance, etc., in a timely and effective manner becomes a higher priority.
Well architected payment platforms consolidate all the orchestration functionality in a single processing layer and deliver end-user tools to empower non-engineers to manage the platform activities. Well architected payment platforms have flexible and scalable architecture and orchestration capabilities to support the main business objectives and are never captive to functional, technological or economic limitations.
In this webinar, participants will learn what is orchestration, why consolidating these functions are critical for implementing a state-of-the-art payments platform, the options available to merchants for their implementation, and the business benefits obtained from Payments Orchestration.
Contributors
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Rene Pelegero | President & Managing Director - RPGC Group LLC
René Pelegero founded RPGC in 2002 after 4 years operations as head of Global Payments at Amazon.com . René has helped many large companies deploy global payment acceptance services. He spear headed the launch of payment acceptance in 60 countries and 48 currencies for a global search engine (a project completed in six months) and assisted a major media provider enter the Latin American and European markets . René join ed PayPal as Sr. Director of Strategy and Industry Relations in 20 06 but relaunched RPGC i n 2011 provid ing strategic advice to some of the largest global brands on payment acceptance practices and deployment s . Currently, René directs consulting efforts at RPGC for Clients such as Google , FedEx, Airbnb , T - Mobile, and Micr osoft . Rene is a thought - leader , publish ing impactful White Papers such as “The Need f o r Real Time Payments in the US” in 2013 and “Payments Orchestration Layer – Necessary Functionality in the Payments Stack” in 2019.
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Suhil Srinivas | Director of Product Management - LinkedIn
Suhil Srinivas is currently a Director of Product Management at Linkedin responsible for all aspects of commerce including checkout, payments and billing experiences for our members and customers. Commerce platform is a global platform that supports multiple sales channels such as online self-service purchases as well as sales rep assisted sales for enterprises. He and his team manage payments across 30+ currencies, 15+ payment methods & support 200+ countries. Prior to Linkedin, Suhil was a product manager at PayPal responsible for local acquiring globally