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

legal counsel
The Importance of Legal Counsel to Major League Organizations
June 2, 2023

Live sporting events continue to be at the forefront of entertainment in America year after year. Between enthused fans, good food and drinks, and anticipation for record-breaking moments, the ambiance of a stadium on a game day is unmatched. However, behind the scenes of our beloved stadiums and sports traditions lies term sheets and contracts […]

Read More
Divergence Between Stocks and Bonds
The Divergence Between Stocks and Bonds & Emerging Market Trends
June 2, 2023

As the world of investing continues to evolve, it’s crucial for industry leaders to keep pace with the shifting landscape. One particular topic gaining traction is the divergence between stocks and bonds – an economic paradox affecting portfolios worldwide. Recent data shows that traditional investment strategies, like the 60-40 portfolio (60% in stocks and 40% […]

Read More
restaurant
The Main Course: The Power of Restaurant Narrative in Staffing
June 2, 2023

Not every restaurant makes an effort to fully integrate its customer into the experience of eating and enjoying their food. But for those looking for a unique dining experience, plenty of such establishments present unique restaurant narratives. What sort of restaurants emphasize storytelling in their dining, and how do they handle staffing? On this […]

Read More