Akurateco
Building and Scaling a Payment Service Provider
Pages
32
Time to read
21 mins
Publication
Language
English
Pages
32
Time to read
21 mins
Publication
Language
English
This whitepaper provides a strategic guide for payment service providers (PSPs) looking to launch or scale their operations in 2025. It outlines the evolving global payments industry, which is projected to grow significantly, and discusses the challenges faced by both startups and established PSPs. Key topics include the importance of obtaining necessary licenses, the decision between building or leasing payment infrastructure, and the need for compliance with regulatory requirements. The document also details market-specific payment methods and strategies for successful PSP development. It emphasizes the necessity of adapting to local market demands and leveraging modern payment technologies to remain competitive. Additionally, real-life case studies illustrate how various PSPs have navigated industry challenges. The guide aims to equip PSPs with the knowledge needed to make informed decisions about their growth strategies and infrastructure development.