Challenges

Today’s fragmented patchwork of payment options stacked on top of existing legacy systems create a complicated and costly to maintain platform.

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challenges

Payments is a complex and global business

It’s nuanced by geography, industry, and regulation, and is highly subject to the volatility of the micro and macro political climates. Accordingly, there are many challenges that companies face in building the payments muscle.

payments

Friction at startup

It’s tempting to simply choose one processor (e.g. PayPal) to start with but decisions made early on could have huge implications down the road .

Unfamiliar industry with a steep learning curve signifiantly slows down project start and delays completion and launch.

Unfamiliar industry with a steep learning curve signifiantly slows down project start and delays completion and launch.

An explosion of providers that are intertwined and interconnected

An explosion of providers that are intertwined and interconnected

Opaque and sometimes shady pricing practices

Opaque and sometimes shady pricing practices

Incredibly high switching cost down the line creates artifical barrier that prevents businesses from seeking better processors.

Incredibly high switching cost down the line creates artifical barrier that prevents businesses from seeking better processors.

High implementation effort

It is time consuming and disrupting to the core business to research, find, negotiate, sign and integrate with multiple providers worldwide.

Some payment methods (cards via Stripe) are easy to get started, but others (bank transfer via banks) are frustratingly difficult

Some payment methods (cards via Stripe) are easy to get started, but others (bank transfer via banks) are frustratingly difficult

As a business grows and expands, so to does its need to offer multiple payment methods in a localized fashion

As a business grows and expands, so to does its need to offer multiple payment methods in a localized fashion

This platform becomes increasingly costly and sophisticated

This platform becomes increasingly costly and sophisticated

Maintaining this platform dominates innovation; suddenly a home sharing startup is spending 2 years rearchitecting its payments platform

Maintaining this platform dominates innovation; suddenly a home sharing startup is spending 2 years rearchitecting its payments platform

We solve all these challenges and more!

ZED helps clients avoid directly integrating with multiple payment processors, managing different platforms and ingesting non-standardized reporting files.

Operational overhead

From initial integration costs, to ongoing maintenance and compliance, creates a significant operational overhead
These integrations are fragile and require constant maintenance

These integrations are fragile and require constant maintenance

Regulatory changes and law enforcement response

Regulatory changes and law enforcement response

Constant outages, double charge, underpayments, stuck payments all require investigation and remediation

Constant outages, double charge, underpayments, stuck payments all require investigation and remediation

Poor quality and inconsistent data delivery affects the company’s ability to accurately close its books

Poor quality and inconsistent data delivery affects the company’s ability to accurately close its books

Optimization and innovation

A payment platform requires continuous, never ending optimization and innovation to maintain scale and performance.

The space is ever evolving: network tokens, PSD2, GDPR. Keeping up requires a team of experts.

The space is ever evolving: network tokens, PSD2, GDPR. Keeping up requires a team of experts.

At scale, some of the biggest revenue wins and cost savings are payments opportunities

At scale, some of the biggest revenue wins and cost savings are payments opportunities

Chaining, retry logic, automatic failover, smart routing. To make payments work you need to build entire suites of software.

Chaining, retry logic, automatic failover, smart routing. To make payments work you need to build entire suites of software.

Wide variety of payment methods require new expertise and development.

Wide variety of payment methods require new expertise and development.