Paypr.work [ˈpeɪpəwəːk]

Reading and following #PaymentPeople on LinkedIn or through their newsletters is one thing, meeting them in person thanks to events like #MPE2025 is another! What a pleasure to catch up and exchange insights with great minds in the industry. From left to right: Arthur Bedel 💳 ♻️, Sandra M., Nabil Naimy Robert Kraal... and Charles Guinet(just out of frame 😅) Big thanks to Merchant Payments Ecosystem for creating these moments of connection!

In payments, regardless of the industry, the Merchant of Record (MOR) determines how transactions are processed, who takes responsibility for accepting payments, managing chargebacks, and handling compliance. In credit risk terms, the Merchant of Record (MOR) is the entity legally responsible for processing transactions and ensuring compliance with payment regulations. This means the MOR takes the financial liability for the transaction and directly interacts with the stakeholders in the payment ecosystem (i.e gateways, PSP, banks etc). Traditionally, travel agencies operated under the agency model, facilitating bookings rather than processing payments themselves. In this setup, the actual transaction occurs directly between the customer and the travel provider, reducing financial risk for agencies. Since they don’t handle funds, they are not responsible for chargebacks, disputes, or refunds.. However, more travel intermediaries are shifting to the merchant model, taking direct ownership of payments. Why this shift? What are the benefits and challenges of this model? Last year, I had the privilege of contributing to AltexSoft Travel video series alongside one of the best strategist in travel payments— Paul van Alfen from Up in the Air | Consultancy💥. 🎥 Check out the video to learn more: https://lnkd.in/dYyD7Jaj The video addresses: ⚪ How the agency model works ⚪ How the merchant model works ⚪ The critical decisions factors for MORs ⚪ Payment Providers for Smaller Travel Businesses ⚪ Mixed Processing Setups To complement this great video, our team created a simplified visual to illustrate how the payment flows differ between the merchant model and the agency models based on the input and contribution from the video. Thanks again #AltexSoft for inviting my contributions and Paul for your added input on the visual too 😊 ! #paymentexperts, any perspectives to share on the the agency vs merchant processing models? #Agency_vs_Merchant_Model #Merchant_of_Record #Payment #Agency_model #OTA #payprwork #upintheair --- 𝑾𝒐𝒏𝒅𝒆𝒓 𝒘𝒉𝒐 𝒘𝒆 𝒂𝒓𝒆? 𝘞𝘦 𝘢𝘳𝘦 𝘢 𝘵𝘦𝘢𝘮 𝘰𝘧 𝘗𝘢𝘺𝘮𝘦𝘯𝘵𝘴 𝘚𝘵𝘳𝘢𝘵𝘦𝘨𝘪𝘴𝘵𝘴 𝘣𝘭𝘦𝘯𝘥𝘪𝘯𝘨 𝘰𝘶𝘳 𝘪𝘯𝘥𝘶𝘴𝘵𝘳𝘺 𝘦𝘹𝘱𝘦𝘳𝘵𝘪𝘴𝘦 𝘸𝘪𝘵𝘩 𝘢 𝘤𝘳𝘦𝘢𝘵𝘪𝘷𝘦 𝘢𝘱𝘱𝘳𝘰𝘢𝘤𝘩 𝘵𝘰 𝘢𝘴𝘴𝘪𝘴𝘵 𝘰𝘶𝘳 𝘤𝘭𝘪𝘦𝘯𝘵𝘴 𝘵𝘩𝘳𝘰𝘶𝘨𝘩 𝘊𝘰𝘯𝘴𝘶𝘭𝘵𝘪𝘯𝘨, 𝘚𝘵𝘳𝘢𝘵𝘦𝘨𝘺, 𝘙𝘦𝘴𝘦𝘢𝘳𝘤𝘩 𝘢𝘯𝘥 𝘛𝘩𝘰𝘶𝘨𝘩𝘵 𝘓𝘦𝘢𝘥𝘦𝘳𝘴𝘩𝘪𝘱 𝘱𝘳𝘰𝘫𝘦𝘤𝘵𝘴. ➡️ 𝑳𝒐𝒐𝒌𝒊𝒏𝒈 𝒇𝒐𝒓 𝒑𝒂𝒚𝒎𝒆𝒏𝒕 𝒍𝒆𝒂𝒓𝒏𝒊𝒏𝒈 𝒓𝒆𝒔𝒐𝒖𝒓𝒄𝒆? ⚪ Sign up to our unique payment assets library: https://lnkd.in/dVXjGkz ⚪ Discounted Membership, limited time use code 💥 𝐅𝐈𝐑𝐒𝐓𝐓𝐈𝐌𝐄70 💥 ⚪ Follow Paypr.work [ˈpeɪpəwəːk] for more weekly #paymentinsights #paymentinfographics 💡 Need help with your payment or product strategy? Let's talk: intro@paypr.work

𝐃𝐨 𝐖𝐞 𝐒𝐭𝐢𝐥𝐥 𝐍𝐞𝐞𝐝 𝐅𝐥𝐨𝐨𝐫 𝐋𝐢𝐦𝐢𝐭𝐬 𝐢𝐧 𝐚𝐧 𝐄𝐜𝐨𝐬𝐲𝐬𝐭𝐞𝐦 𝐃𝐫𝐢𝐯𝐞𝐧 𝐛𝐲 𝐈𝐧𝐬𝐭𝐚𝐧𝐭 𝐀𝐩𝐩𝐫𝐨𝐯𝐚𝐥𝐬? With real-time transaction approvals, advanced fraud detection, and EMV chip technology now standard in payments, the need for traditional floor limits may seem obsolete. But in fact, not quite! A floor limit is the maximum transaction amount a merchant can process without requiring real-time authorisation from the card issuer. Generally, floor limits have been essential when transactions were handled offline or when issuers couldn’t approve every purchase in real time. These limits are based on factors like industry type, risk level, and payment network rules. This essentially means that transactions below the limit are approved automatically, while those above require the issuer’s green light. Even though most transactions today are authorised in real-time, floor limits are still prevalent in certain cases: ◼️ Offline Transactions – Airlines, cruise ships, and remote locations may still process payments without real-time approval. ◼️ Public Transit – Contactless fare payments often use a floor limit to allow quick tap-ins, with the transaction settled later. ◼️ Legacy Retail Systems – Some high-volume merchants still apply floor limits for operational efficiency. In the UK, recent POS failures have exposed the risks of an always-online system. When networks go down, transactions relying solely on real-time auth can leave merchants unable to process payments. #didyouknow ◼️From a credit risk perspective, #ecommerce transactions are deemed high risk and as a result will pretty much always have a zero-floor limit. This means that all ecommerce transactions are sent for online auth regardless of the amount. ◼️The #floorlimit term dates from back in the days, when #cashiers used to authorise payments over the phone, calling the bank literally from the sales floor when a customer passed their limit😅. #paymentexperts any perspectives to share on the card floor limit or #offlinepayments?🎤 --- 𝑾𝒐𝒏𝒅𝒆𝒓 𝒘𝒉𝒐 𝒘𝒆 𝒂𝒓𝒆? 𝘞𝘦 𝘢𝘳𝘦 𝘢 𝘵𝘦𝘢𝘮 𝘰𝘧 𝘗𝘢𝘺𝘮𝘦𝘯𝘵𝘴 𝘚𝘵𝘳𝘢𝘵𝘦𝘨𝘪𝘴𝘵𝘴 𝘣𝘭𝘦𝘯𝘥𝘪𝘯𝘨 𝘰𝘶𝘳 𝘪𝘯𝘥𝘶𝘴𝘵𝘳𝘺 𝘦𝘹𝘱𝘦𝘳𝘵𝘪𝘴𝘦 𝘸𝘪𝘵𝘩 𝘢 𝘤𝘳𝘦𝘢𝘵𝘪𝘷𝘦 𝘢𝘱𝘱𝘳𝘰𝘢𝘤𝘩 𝘵𝘰 𝘢𝘴𝘴𝘪𝘴𝘵 𝘰𝘶𝘳 𝘤𝘭𝘪𝘦𝘯𝘵𝘴 𝘵𝘩𝘳𝘰𝘶𝘨𝘩 𝘊𝘰𝘯𝘴𝘶𝘭𝘵𝘪𝘯𝘨, 𝘚𝘵𝘳𝘢𝘵𝘦𝘨𝘺, 𝘙𝘦𝘴𝘦𝘢𝘳𝘤𝘩 𝘢𝘯𝘥 𝘛𝘩𝘰𝘶𝘨𝘩𝘵 𝘓𝘦𝘢𝘥𝘦𝘳𝘴𝘩𝘪𝘱 𝘱𝘳𝘰𝘫𝘦𝘤𝘵𝘴. ➡️ 𝑳𝒐𝒐𝒌𝒊𝒏𝒈 𝒇𝒐𝒓 𝒑𝒂𝒚𝒎𝒆𝒏𝒕 𝒍𝒆𝒂𝒓𝒏𝒊𝒏𝒈 𝒓𝒆𝒔𝒐𝒖𝒓𝒄𝒆? ⚪ Sign up to our unique payment assets library: https://lnkd.in/dVXjGkz ⚪ Discounted Membership, limited time use code 💥 𝐅𝐈𝐑𝐒𝐓𝐓𝐈𝐌𝐄70 💥 ⚪ Follow Paypr.work [ˈpeɪpəwəːk] for more weekly #paymentinsights #paymentinfographics 💡 Need help with your payment or product strategy? Let's talk: intro@paypr.work

The fintech landscape is more competitive than ever. Standing out, building trust, and securing funding require more than just a great product—it demands strategic positioning at every stage of growth. But in a market crowded with new entrants and heightened investor scrutiny, how can Fintechs set themselves apart? Next week, I have the privilege of moderating a Masterclass on Fintech Marketing & VC Attraction, a topic I’m deeply passionate about. During this session, we’ll explore key growth strategies from building trust and securing investment in the early stages to scaling acquisition, driving merchants adoption, and establishing differentiation in the increasingly competitive market we navigate today. I’m excited to be joined by such an exceptional panel of leaders to share their perspectives: 💡  Robert Kraal (Silverflow Co-Founder & Former Adyen COO) – A payments industry veteran who played a key role in scaling Adyen into a global acquiring powerhouse. With deep expertise in merchant acceptance, payments infrastructure, and fintech scaling, Robert offers unique perspectives into what makes a fintech attractive to both merchants and investors. 💡 Angela Yore (Fin/Tech PR) (SkyParlour Founder & Fintech PR Leader) – With over a decade of experience shaping the public perception of Fintech startups, scale-ups, and established players, Angela has helped 100s of brands define their narratives, position themselves effectively, and gain the visibility needed to stand out in a competitive space. 💡 Miranda McLean FCIM (CMO, Ecommpay) – A Fintech marketing leader with decades of experience driving growth in financial services. She held key roles at Reuters, LexisNexis, and Equifax before transitioning into Fintechs. As the former Chief Communications and Sustainability Officer at Banking Circle, she played a pivotal role in establishing the bank as a leading financial infrastructure platform. Miranda understands how Fintechs can balance brand-building with commercial growth strategies. 💡 Helen Owen (VP Marketing, BR-DGE) – Specialising in scaling B2B Fintechs, Helen has a track record of helping Fintechs define their brand positioning, improve demand generation, and drive merchant adoption. She brings invaluable perspectives around go-to-market strategies, and achieving sustainable growth beyond the MVP stage. This is a session, I wouldn't want to miss myself 😅 and would love to hear your take too on how Fintechs can stand out. Drop your thoughts or questions in the comments, and we’ll have our panellists weigh in during the session! Look forward to seeing many of you there! 📅 The essential details ⚪When: Day 1, Tuesday March 18th, ⚪Location: The Arena, ⚪Time: 15:00 - 16:00 #Fintech #Marketing #VC #payments #mpe Paypr.work [ˈpeɪpəwəːk] Natalia Filip #MPE2025 #FintechMarketing #ilovempe Patricia Barbora Adriana Fernando Francesco Guy Rene Neira Andréa Filip Queen Charlotte Kirill Mangala Vassilina Panagiotis Sihame Djenebou

Processors and acquirers are often used interchangeably, but they serve distinct roles. This confusion arises because both are involved in handling transactions, but their functions and responsibilities differ significantly. A payment processor is a technology provider that facilitates communication between merchants, acquiring banks, and card networks (Visa, Mastercard, etc.). Processors are responsible for: 🔹 Transaction Routing 🔹 Authorisation & Settlement 🔹 Fraud & Risk Monitoring The acquirer on the other end is the financial institution that enables merchants to accept card payments. Unlike processors, acquirers take on financial risk because they sponsor merchants into the card networks and assume the liability if a merchant goes bankrupt or faces excessive chargebacks etc. So wonder how the two work together? In a nutshell: ✔️ Processors handle the technical side – routing transactions, security, and approval flows. ✔️ Acquirers manage the financial side – merchant accounts, settlement, and risk management. Processors and acquirers are often confused due to overlapping roles and industry terminology. Some companies function as both, making it difficult to differentiate their responsibilities. Additionally, merchants typically work directly with an acquirer, not the processor, which operates in the background to handle transaction routing. The confusion is further compounded by broad terms like "payment provider" and "merchant services," which fail to clearly distinguish between the two, leading to misconceptions about their distinct roles in payment processing. 🎬If you enjoy our shorts, subscribe to our YouTube Channel to get notified when we drop new content: https://lnkd.in/diEYrQCU - https://lnkd.in/dE9M6DkC #paymentexperts any perspectives to share on the evolving the role of #processors and the confusion that exist with the acquirers responsibilities🎤? #Payments #Acquiring #Fintech #DigitalPayments #payprwork #Payments #Fintech #Acquiring #Processing #MerchantServices --- 𝑾𝒐𝒏𝒅𝒆𝒓 𝒘𝒉𝒐 𝒘𝒆 𝒂𝒓𝒆? 𝘞𝘦 𝘢𝘳𝘦 𝘢 𝘵𝘦𝘢𝘮 𝘰𝘧 𝘗𝘢𝘺𝘮𝘦𝘯𝘵𝘴 𝘚𝘵𝘳𝘢𝘵𝘦𝘨𝘪𝘴𝘵𝘴 𝘣𝘭𝘦𝘯𝘥𝘪𝘯𝘨 𝘰𝘶𝘳 𝘪𝘯𝘥𝘶𝘴𝘵𝘳𝘺 𝘦𝘹𝘱𝘦𝘳𝘵𝘪𝘴𝘦 𝘸𝘪𝘵𝘩 𝘢 𝘤𝘳𝘦𝘢𝘵𝘪𝘷𝘦 𝘢𝘱𝘱𝘳𝘰𝘢𝘤𝘩 𝘵𝘰 𝘢𝘴𝘴𝘪𝘴𝘵 𝘰𝘶𝘳 𝘤𝘭𝘪𝘦𝘯𝘵𝘴 𝘵𝘩𝘳𝘰𝘶𝘨𝘩 𝘊𝘰𝘯𝘴𝘶𝘭𝘵𝘪𝘯𝘨, 𝘚𝘵𝘳𝘢𝘵𝘦𝘨𝘺, 𝘙𝘦𝘴𝘦𝘢𝘳𝘤𝘩 𝘢𝘯𝘥 𝘛𝘩𝘰𝘶𝘨𝘩𝘵 𝘓𝘦𝘢𝘥𝘦𝘳𝘴𝘩𝘪𝘱 𝘱𝘳𝘰𝘫𝘦𝘤𝘵𝘴. ➡️ 𝑳𝒐𝒐𝒌𝒊𝒏𝒈 𝒇𝒐𝒓 𝒑𝒂𝒚𝒎𝒆𝒏𝒕 𝒍𝒆𝒂𝒓𝒏𝒊𝒏𝒈 𝒓𝒆𝒔𝒐𝒖𝒓𝒄𝒆? ⚪ Sign up to our unique payment assets library: https://lnkd.in/dVXjGkz ⚪ Discounted Membership, limited time use code 💥 𝐅𝐈𝐑𝐒𝐓𝐓𝐈𝐌𝐄70 💥 ⚪ Follow Paypr.work [ˈpeɪpəwəːk] for more weekly #paymentinsights 💡 Need help with your payment or product strategy? Let's talk: intro@paypr.work.

The seemingly simple act of tapping, swiping, or clicking to pay actually involves a complex and coordinated effort by multiple stakeholders to ensure secure and efficient fund transfers. The sheer complexity of this process never ceases to fascinate. Each stakeholder plays a critical role in ensuring that payments are fast, secure, and seamless. But with the rapid pace of innovation we are seeing in recent years, these roles are evolving, and the lines between them are blurring. This week our payment video explainer will focus on the stakeholder roles in the payment ecosystem, starting with the acquirer. It is fairly easy and common to hear acquirer being used interchangeably with Processors or Payment Service Providers. But are they the same 🧐 ? An acquirer (or acquiring bank) is the financial institution that enables merchants to accept card payments. They sponsor merchants into the card networks, manage settlement, and ensure funds flow from the customer’s issuer (bank) to the merchant’s account. They require a license to operate. Today acquirers roles are evolving beyond just processing transactions. To stay competitive, they are offering a range of value-added services. This week, we are launching our Youtube channel and will release more bite-sized videos content, exploring payment concepts, definitions and flows... 𝑶𝒏𝒆 𝒎𝒊𝒏𝒖𝒕𝒆... 𝑶𝒏𝒆 𝒄𝒐𝒏𝒄𝒆𝒑𝒕 𝒂𝒕 𝒂 𝒕𝒊𝒎𝒆 🎉 ! 🎬Subscribe to our Youtube Channel to get notified when we drop new video content https://lnkd.in/dE9M6DkC #paymentexperts any perspectives to share on the evolving role of acquirers and the changing landscape🎤? #Payments #Acquiring #Fintech #MerchantServices #DigitalPayments #payprwork --- 𝑾𝒐𝒏𝒅𝒆𝒓 𝒘𝒉𝒐 𝒘𝒆 𝒂𝒓𝒆? 𝘞𝘦 𝘢𝘳𝘦 𝘢 𝘵𝘦𝘢𝘮 𝘰𝘧 𝘗𝘢𝘺𝘮𝘦𝘯𝘵𝘴 𝘚𝘵𝘳𝘢𝘵𝘦𝘨𝘪𝘴𝘵𝘴 𝘣𝘭𝘦𝘯𝘥𝘪𝘯𝘨 𝘰𝘶𝘳 𝘪𝘯𝘥𝘶𝘴𝘵𝘳𝘺 𝘦𝘹𝘱𝘦𝘳𝘵𝘪𝘴𝘦 𝘸𝘪𝘵𝘩 𝘢 𝘤𝘳𝘦𝘢𝘵𝘪𝘷𝘦 𝘢𝘱𝘱𝘳𝘰𝘢𝘤𝘩 𝘵𝘰 𝘢𝘴𝘴𝘪𝘴𝘵 𝘰𝘶𝘳 𝘤𝘭𝘪𝘦𝘯𝘵𝘴 𝘵𝘩𝘳𝘰𝘶𝘨𝘩 𝘊𝘰𝘯𝘴𝘶𝘭𝘵𝘪𝘯𝘨, 𝘚𝘵𝘳𝘢𝘵𝘦𝘨𝘺, 𝘙𝘦𝘴𝘦𝘢𝘳𝘤𝘩 𝘢𝘯𝘥 𝘛𝘩𝘰𝘶𝘨𝘩𝘵 𝘓𝘦𝘢𝘥𝘦𝘳𝘴𝘩𝘪𝘱 𝘱𝘳𝘰𝘫𝘦𝘤𝘵𝘴. ➡️ 𝑳𝒐𝒐𝒌𝒊𝒏𝒈 𝒇𝒐𝒓 𝒑𝒂𝒚𝒎𝒆𝒏𝒕 𝒍𝒆𝒂𝒓𝒏𝒊𝒏𝒈 𝒓𝒆𝒔𝒐𝒖𝒓𝒄𝒆? ⚪ Sign up to our unique payment assets library: https://lnkd.in/dVXjGkz ⚪ Discounted Membership, limited time use code 💥 𝐅𝐈𝐑𝐒𝐓𝐓𝐈𝐌𝐄70 💥 ⚪ Follow Paypr.work [ˈpeɪpəwəːk] for more weekly #paymentinsights 💡 Need help with your payment or product strategy? Let's talk: intro@paypr.work.

Payments evolve in cycles. If we look back at the story of payments, every year or so, new concepts are reshaping the industry. In 2000, e-commerce payments took off. By 2010, contactless cards and mobile wallets gained traction. Over the last decade, open banking, real-time payments, and embedded finance have dominated. Today, tokenisation, digital wallets, and biometrics are driving innovation, enhancing security and user experience. A key feature of cards, the Primary Account Number (PAN), has long been central to payments, routing transactions, identifying issuers, and processing payments globally. Initially, PANs were transmitted directly for transactions, but as fraud grew, tokenisation emerged as a safer alternative, replacing the card PANs with encrypted tokens to prevent misuse. While PANs have served payments well, security concerns led to Device PANs (DPANs) and Merchant PANs (MPANs), improving stability for stored and recurring payments. ◾A DPAN (Device Primary Account Number) is a tokenised card number used in Apple Pay, Google Pay, and digital wallets. It’s device-specific, meaning if a customer gets a new phone, their DPAN changes, which can cause issues for recurring payments and stored credentials. ◾An MPAN (Merchant Primary Account Number) is a stable token tied to a merchant instead of a device. This means that even if a customer switches devices, their stored payments remain uninterrupted. #DidYouKnow While most payment cards today have a 16-digit PAN, this wasn’t always the case: ◾Diners Club International (1950) issued cards with 10-digit account numbers. ◾American Express (1958) introduced a 15-digit numbering system, which it still uses today. ◾China UnionPay (CUP) introduced 19-digit PANs to accommodate its growing network of issued cards. 𝐒𝐨 𝐖𝐡𝐚𝐭’𝐬 𝐂𝐡𝐚𝐧𝐠𝐢𝐧𝐠? From July 30, 2025, Visa will require MPANs instead of DPANs for recurring payments on Apple Pay. This shift prevents failed transactions when customers switch phones and ensures a seamless experience for businesses and consumers. Essentially, the PAN itself is not disappearing, it’s evolving, adapting to a digital-first world where security and seamless transactions go hand in hand. #PaymentExperts – Any thoughts on the PAN’s evolution? 🎤 #Payments #Tokenization #MPAN --- 𝑾𝒐𝒏𝒅𝒆𝒓 𝒘𝒉𝒐 𝒘𝒆 𝒂𝒓𝒆? 𝘞𝘦 𝘢𝘳𝘦 𝘢 𝘵𝘦𝘢𝘮 𝘰𝘧 𝘗𝘢𝘺𝘮𝘦𝘯𝘵𝘴 𝘚𝘵𝘳𝘢𝘵𝘦𝘨𝘪𝘴𝘵𝘴 𝘣𝘭𝘦𝘯𝘥𝘪𝘯𝘨 𝘰𝘶𝘳 𝘪𝘯𝘥𝘶𝘴𝘵𝘳𝘺 𝘦𝘹𝘱𝘦𝘳𝘵𝘪𝘴𝘦 𝘸𝘪𝘵𝘩 𝘢 𝘤𝘳𝘦𝘢𝘵𝘪𝘷𝘦 𝘢𝘱𝘱𝘳𝘰𝘢𝘤𝘩 𝘵𝘰 𝘢𝘴𝘴𝘪𝘴𝘵 𝘰𝘶𝘳 𝘤𝘭𝘪𝘦𝘯𝘵𝘴 𝘵𝘩𝘳𝘰𝘶𝘨𝘩 𝘊𝘰𝘯𝘴𝘶𝘭𝘵𝘪𝘯𝘨, 𝘚𝘵𝘳𝘢𝘵𝘦𝘨𝘺, 𝘙𝘦𝘴𝘦𝘢𝘳𝘤𝘩 𝘢𝘯𝘥 𝘛𝘩𝘰𝘶𝘨𝘩𝘵 𝘓𝘦𝘢𝘥𝘦𝘳𝘴𝘩𝘪𝘱 𝘱𝘳𝘰𝘫𝘦𝘤𝘵𝘴. ➡️ 𝑳𝒐𝒐𝒌𝒊𝒏𝒈 𝒇𝒐𝒓 𝒑𝒂𝒚𝒎𝒆𝒏𝒕 𝒍𝒆𝒂𝒓𝒏𝒊𝒏𝒈 𝒓𝒆𝒔𝒐𝒖𝒓𝒄𝒆? ⚪ Check out our unique payment assets library: https://lnkd.in/dVXjGkzB ⚪ Follow Paypr.work [ˈpeɪpəwəːk] for more #paymentinsights ⚪ Inquiries: Intro@paypr.work

𝐇𝐨𝐰 𝐭𝐡𝐞 𝐚𝐜𝐪𝐮𝐢𝐫𝐞𝐫’𝐬 𝐨𝐫 𝐏𝐒𝐏 𝐥𝐢𝐜𝐞𝐧𝐬𝐢𝐧𝐠 𝐢𝐦𝐩𝐚𝐜𝐭𝐬 𝐦𝐞𝐫𝐜𝐡𝐚𝐧𝐭𝐬 𝐥𝐨𝐨𝐤𝐢𝐧𝐠 𝐭𝐨 𝐞𝐱𝐩𝐚𝐧𝐝, 𝐠𝐥𝐨𝐛𝐚𝐥𝐥𝐲? To process transactions in any market, an acquirer must hold a license in the jurisdiction where payments are processed. This often means securing separate licenses in multiple countries, which impact everything from cost and compliance to settlement speed for merchants! Under PSD2, a licensed payment institution or EMI in one EU member state can operate in other EEA states without requiring separate licensing. This is referred to as '𝘱𝘢𝘴𝘴𝘱𝘰𝘳𝘵𝘪𝘯𝘨 𝘳𝘪𝘨𝘩𝘵𝘴' and means that a licensed acquiring bank or PSP in one EU country can process card transactions for merchants across the entire EEA without setting up a separate legal entity or going through the complex licensing process in each country. Passporting rights undoubtely bring some great advantages, however outside of the EEA, most regions require acquirers to obtain separate local licenses. Although in recent years some fintechs and regional initiatives have been enabling different models to simplify cross-border acquiring. The difference between direct acquiring and PSPs aggregation is important because it impacts cost, control, and flexibility: ◾𝐃𝐢𝐫𝐞𝐜𝐭 𝐚𝐜𝐪𝐮𝐢𝐫𝐢𝐧𝐠 gives merchants greater control over transaction processing, btter auth approvals, settlement speed, and cost transparency. However, it often requires local entity registration and compliance with country-specific regulations. ◾𝐀𝐠𝐠𝐫𝐞𝐠𝐚𝐭𝐢𝐨𝐧 (via PSPs or payment facilitators) simplifies market entry by allowing merchants to process transactions under the aggregator’s license. While this reduces regulatory complexity, it can come with higher fees, less control over settlements, and lower approval rates, with strong dependency on the aggregator’s risk policies. For merchants, choosing the right model depends on many factors (e.g scale, expansion strategy, and risk appetite to name a few). So, if you're navigating changes in your payment infrastructure, whether adapting to new requirements, optimising flows, or scaling for growth—an external and unbiased perspective might help 😉🚀! #PaymentExperts – Anything to add on #crossborder #acquiring?🎤 --- 𝑾𝒐𝒏𝒅𝒆𝒓 𝒘𝒉𝒐 𝒘𝒆 𝒂𝒓𝒆? 𝘞𝘦 𝘢𝘳𝘦 𝘢 𝘵𝘦𝘢𝘮 𝘰𝘧 𝘗𝘢𝘺𝘮𝘦𝘯𝘵𝘴 𝘚𝘵𝘳𝘢𝘵𝘦𝘨𝘪𝘴𝘵𝘴 𝘣𝘭𝘦𝘯𝘥𝘪𝘯𝘨 𝘰𝘶𝘳 𝘪𝘯𝘥𝘶𝘴𝘵𝘳𝘺 𝘦𝘹𝘱𝘦𝘳𝘵𝘪𝘴𝘦 𝘸𝘪𝘵𝘩 𝘢 𝘤𝘳𝘦𝘢𝘵𝘪𝘷𝘦 𝘢𝘱𝘱𝘳𝘰𝘢𝘤𝘩 𝘵𝘰 𝘢𝘴𝘴𝘪𝘴𝘵 𝘰𝘶𝘳 𝘤𝘭𝘪𝘦𝘯𝘵𝘴 𝘵𝘩𝘳𝘰𝘶𝘨𝘩 𝘊𝘰𝘯𝘴𝘶𝘭𝘵𝘪𝘯𝘨, 𝘚𝘵𝘳𝘢𝘵𝘦𝘨𝘺, 𝘙𝘦𝘴𝘦𝘢𝘳𝘤𝘩 𝘢𝘯𝘥 𝘛𝘩𝘰𝘶𝘨𝘩𝘵 𝘓𝘦𝘢𝘥𝘦𝘳𝘴𝘩𝘪𝘱 𝘱𝘳𝘰𝘫𝘦𝘤𝘵𝘴. ➡️ 𝑳𝒐𝒐𝒌𝒊𝒏𝒈 𝒇𝒐𝒓 𝒑𝒂𝒚𝒎𝒆𝒏𝒕 𝒍𝒆𝒂𝒓𝒏𝒊𝒏𝒈 𝒓𝒆𝒔𝒐𝒖𝒓𝒄𝒆? ⚪ Sign up to access our unique payment assets library and short video explainers series : https://lnkd.in/dVXjGkzB ⚪Follow Paypr.work [ˈpeɪpəwəːk] for more #paymentinfographics #paymentinsights ⚪Inquiries: Intro@paypr.work

Sandra Did a BIG THING! 🚀 “We’re rebuilding Paypr.work [ˈpeɪpəwəːk]. It’s going to be something different.” When Sandra M.said this, I knew she meant it. But as I got deeper into the work - shaping strategy, contributing thought leadership assets, and collaborating with other brilliant minds - it became clear: This wasn’t just another fintech website update. This was a game-changer. 🚀 The result? A first-of-its-kind payments content hub designed to make payments education more interactive, structured, and accessible. Think infographics, expert insights, and structured learning paths - all in one place. But what stood out most? The collaboration. Working alongside other payments experts, brilliant product thinkers, and designers, each bringing a unique perspective to the table, reinforced a key truth: ✨ The best innovations don’t happen in isolation; they’re built together. A huge shoutout to Sandra M., who owned and led this vision with so much clarity, and to the entire team who made it happen! This is just the beginning. 📌 If you’re in fintech, payments, or curious about how the space is evolving, check it out: ➡️ https://lnkd.in/d8gVzjFM 💬 What’s the first resource or insight you’ll be exploring on the hub? Let me know! 👇🏽 #PaymentsEducation #FintechStrategy #ThoughtLeadership #Collaboration #BuildingBetter

Last year, we decided to rebuild our website from scratch… So what, you may wonder? When I first started Paypr.work [ˈpeɪpəwəːk] as a payment strategist, I never set out to redesign how payments content is structured and consumed... even though 'sketching flows' had always been how I processed complex narratives. The first infographic I shared publicly took me weeks to finalise, not because I was obsessing over colours or typos (although partially true too😁)…but because the narrative I wanted to explore challenged the core of what I had come to learn all these years in the industry😰. Fast forward 3 years on, and, collectively with a team of fellow payment aficionados/as, we’ve written over 350 pieces of content, from articles and guides to client reports and thought leadership assets. Some of which have been socialised on LinkedIn, while others have remained exclusive to our client collaborations🙌🏽. With such a vast library of bespoke payment content and assets, it simply made sense to build a bespoke CMS platform with layers of LMS to create a structured knowledge hub for payment content. 🚀 So, we went back to the drawing board and brought in a refreshed website with some cool user-friendly features [unbiased opinion😁] : ◾A dedicated member area for easy access to our exclusive content, reports, and visuals. ◾A first-of-its-kind infographic library with focused visuals on payments messages, flows, trends etc... ◾A download & save feature, allowing members to easily keep track of key materials. ◾A dedicated section for our payments ecosystem maps, depicting visually detailed aspects of payments. ◾A bespoke search matrix, offering both open and structured search options to filter and explore our payments content. This rebuild has been more than just a facelift, it’s been a journey of rethinking, repositioning, refining, and pushing our journey through and through. Huge thanks to Yellow Sapphire Technologies (YS Tech), our partner in bringing this vision to life, right down to the smallest details👌🏽! The journey is far from easy and far from being complete, but I’ve learned to appreciate every milestone and to celebrate the imperfections in the pursuit of building something, which I hope is valuable. There’s a long list of people that have been so supportive in many ways, from cheering from the side lines to sharing ideas, endorsing us, referring us or rolling up their sleeves to help out in any shape or form... I appreciate you all [beyond the names dropped here🤗] Fernando Laura Abhishek Abi Michal Israel Abdullahi Stéphanie Djenebou Jas Natalia Chee Vassilina Viktoria Wally Elaine Bilal Suresh Deanna Rene Queen Nikki Nadja Jérôme Emily James Panagiotis Miquel Paul Dominic David So, if you're looking for a different way to learn payments and like a visual-led approach, you may want to check us out.😉 🚀 ➡️ https://lnkd.in/dGasFNhF ➡️ For collab on Content Strategy and Thought Leadership, drop us a line intro@paypr.work