Debunking the Myth of the Open ‘Payment Facilitation’ Payment System

 

What’s the difference between a “payment facilitation in a box” solution versus an open platform that seamlessly adapts to their requirements and needs within the PF payments ecosystem? On today’s episode of the Software & Technology Podcast, host Tyler Kern sat down with Mark Bishopp, CEO of Amaryllis Payment Solutions, to discuss an API-driven solution that’s making payment systems customizable for a variety of industries.

Before joining Amaryllis, Bishopp’s resume included working with the world’s top financial, fintech, and consulting powerhouses, which taught him something simple yet powerful. “Systems are key,” Bishopp said. “There’s hundreds of payment facilitators — marketplaces, aggregators, we all do similar things — but we all bring buyers and sellers together.”

So, how do facilitators build an environment that allows buyers and sellers to conduct business?

Before cloud computing came into play, the landscape looked different — essentially closed— where everyone built their own, according to Bishopp. But cloud computing has opened up immense possibilities in open source technology solutions that make something like Amaryllis’ intelligent payment facilitation platform possible.

Amaryllis’ PF platform is a customizable, scalable, API-driven payment engine built specifically for the omni-channel platform economy servicing third-party payment models.

Bishopp said this scale of customization gives facilitators a solution that’s good for them specifically, and not a solution out of a book. “You’ll hear me say this a lot, but we’re providing ‘What does good look like?’ for them,” he said.

For the latest news, videos, and podcasts in the Software & Electronics Industry, be sure to subscribe to our industry publication.

Follow us on social media for the latest updates in B2B!
Twitter – @TechMKSL
Facebook – facebook.com/marketscale
LinkedIn – linkedin.com/company/marketscale

Follow us on social media for the latest updates in B2B!

Latest

Venture Fund Valuations
VC Investment Valuations Podcast
December 4, 2023

In this episode of The Alternative Edge, a Weaver: Beyond the Numbers Podcast, host Becky Reeder, an audit partner and co-leader of the alternative investments practice at Weaver, engages with Sindhu Rajesh, an Alternative Investment Services Partner with Weaver. They unpack the complexities of venture fund valuations, offering critical insights into industry dynamics and best […]

Read More
The Role of VR and AR in Attractions and Enterprise Applications
December 4, 2023

In this Pro AV Today soundbite from Dan O’Brien of HTC VIVE, the conversation centered on the significant role of Virtual Reality (VR) and Augmented Reality (AR) in attractions and enterprise applications. O’Brien highlighted the critical need for durable hardware design, tailored to withstand extensive use in location-based entertainment (LBE) operations. Unlike consumer-grade VR headsets, […]

Read More
Are projectors a dying technology
Dear Matt: Are Projectors a Dying Technology?
December 4, 2023

Are projectors a dying technology? In today’s rapidly evolving landscape of display technology, one might assume that projectors could soon be a thing of the past. Not so fast, thinks Vistacom’s Director of Technology, Matt Boyer. In this Dear Matt segment, Boyer, a seasoned expert with over three decades in the AV industry, looks […]

Read More