The advantages of an expert-guided implementation of digital payment solutions

Why there’s greater value in a payments integration supported by white-glove service than a DIY, documentation-driven approach

The decision to embed payments into your software platform as a key part of your growth strategy is a significant starting point from which you can create new value and revenue streams for your business. It’s a major milestone that can set you up for profitable opportunities ahead. What comes in between is just as important: the implementation process.

There’s no one-size-fits-all approach to implementing Embedded Payments — nor should there be. The unique variables of every software company, from available resources, to customer needs, to payments aspirations are all factors that call for a tailor-made roadmap to launch.

In this blog, you’ll discover the value of an implementation built around a digital framework, guided by payments experts invested in your Embedded Payments success.

The benefits of a digital and expert-guided payments integration

A key milestone in the Embedded Payments journey, implementation lays the foundation for how you’ll bring your digital payment solutions to market. Do it well and you’re on your way to creating the ideal experience for your customers that generates longer-term value. When looking for an Embedded Payments partner, it’s important to understand their approach to implementation and that it aligns with your goals and standards.

Get guidance from experts who understand secure payments and your business

The payments universe is inherently complex. Especially for new entrants, the nuances can be difficult to navigate. Implementing an Embedded Payments strategy doesn’t mean you have to be an expert — just knowing the value of a payments integration is the perfect cornerstone from which to build. With an expert-guided implementation, you’re supported by payments experts who begin by understanding your existing payments knowledge and providing the resources and guidance to fill any educational gaps. They’re also there to learn your business inside and out, anticipating every need during your implementation and beyond. Ready to deliver white-glove service at every stage, the primary goal of your dedicated experts should be that you get the most value of your Embedded Payments investment, as quickly as possible.

Easily track your implementation progress and avoid surprises

A digital-based implementation enables real visibility into the whole payments integration process, sets expectations, and helps ensure you’re on track. It gives software companies a clear look into the details and progress updates of their Embedded Payments program, which they can access at any time. From a digital framework, every step is managed and tracked in real time, ensuring that no tasks slip through the cracks and that all stakeholders understand their responsibilities.

Accelerate your payments integration time-to-market

Getting from the conceptual stage of Embedded Payments to actual implementation and launch is accelerated by a digital and guided approach. The transparency of digital processes helps to remove any project management obstacles, so you can get to market faster and start reaping the benefits as soon as you’re ready. With the support of payments experts well-versed in your unique goals and business needs, you’ll receive the resources you need for successful merchant onboarding, activation, and ongoing service.

The Payrix implementation of Embedded Payments

The Payrix approach to implementing Embedded Payments is unique because it offers a perfect blend of both self-service accessibility and white-glove support. We eliminate the guesswork and confusion that’s often associated with traditional onboarding processes that take a self-serve documentation-driven approach. While this DIY method of implementation is commonplace, it’s not always ideal, and can actually become complicated and frustrating, especially if you’re doing it for the first time.

Each Payrix implementation is thoughtfully designed to be transparent, accessible, and flexible. We start with the core ideals of providing a digital experience and expert guidance, and then customize your implementation based on the unique variables of your software company.

Our implementation is built around a digital experience

With a digital approach from Payrix, every part of the process is streamlined, beginning with kickoff and onboarding. This ensures optimal time to market and early ROI of your new payments business. At the root of our digital implementation is our intuitive, all-in-one platform for transparent task management and progress tracking. From a single, user-friendly interface, all engaged stakeholders have visibility into the current state and next steps of the implementation, so there aren’t any surprises.

Payrix payments experts guide the way to maximize your investment value

Rather than forcing software companies to comb through documentation on their own, we support every implementation with a dedicated team that provides customized guidance throughout the full Embedded Payments journey. Given the various complexities around payment security and compliance, there’s a lot to learn. Your implementation team is there to drive a successful launch of your digital payment solutions, but also to be the payments experts you can lean on to handle the details around underwriting, risk, and liability.

Implementing Embedded Payments from a digital platform, while leveraging the expertise of a dedicated implementation team is ideal for maximizing the value of your digital payment solutions, at your optimal pace. An implementation framework that’s unique to Payrix, the approach has been successful for our partners and their customers.

To learn more about the Payrix implementation and the experience you can expect, watch more here.