Digital Money is Still Money

 

Electronic payment technology is becoming the de-facto option across numerous industries. On this episode of MarketScale’s Software and Technology podcast, Adi Ekshtain, Co-Founder of Amaryllis Payment Solutions, and Viko Bargig, Solutions Architect for Amaryllis, sat down with Sean Heath to discuss the challenges of developing the latest and greatest technologies.

The world is moving toward the several digital transaction types more quickly each day, but the basic nature of the transaction remains quite simple, Ekshtain said. “There is a lot of commonality between different payment modalities and one of them is, of course, there is a payer and a payee.”

The perceived challenge in managing all of these different payment processes is actually less difficult than one would expect, explained Bargig. “It’s not difficult. It’s more the responsibility aspect of the business. It’s to make sure that everything is always up and running and everything is always available and accessible, regardless of the action or transaction you are trying to process.”

Ekshtain also explained that all of the various currencies, both physical and digital, are easily added to the system Amaryllis has created.

“We can plug them into our platform. We can accept them and, where possible, we can even disburse funds using those currencies. So, for us, we don’t look at them as the competition. We look at them as part of our ecosystem.”

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

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

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

Latest

Why a Restaurant's Digital Footprint is a Main Metric for Fiscal Success
Why a Restaurant’s Digital Footprint is a Main Metric for Fiscal Success
January 24, 2022
Barbara Castiglia spoke with Savneet Singh, president and CEO of Par, a software and hardware solutions company for the restaurant industry, about the importance of technology to survive the Read more
irish whiskey barrels
E.U. Whiskey Tariffs Are Lifted, But the Industry is Still On the Rocks
January 21, 2022
  The whiskey market is eager for a return to form. In 2018, in response to the U.S. steel and aluminum tariffs targeting the E.U. and ordered by former President Donald Trump, the European Read more
Material Signs: Introduction to the World of Optics
January 21, 2022
Doctors Scott Carney, chief science and technology officer at Optica, Kate Medicus, CEO at Ruda-Cardinal, and Alexis Vogt, endowed chair and professor of optics at Monroe Community College, joined Host Tyler Read more