Payments are often seen as the least important part of your business because people usually assume that it generally just consists of plugging some kind of software through API which is going to give your end-users access to payments. However, payments play a prevalent role in any business to increase conversion rates, to make the checkout process frictionless and to drive better retention rates.
This is why you need careful planning to build a solid payments architecture which will allow you to drive your ROI through the roof. This includes having a solid platform (whether white label or in-house) that will provide you with a reporting tool with profusive information, easy integrations, a structured data orchestration strategy and, overall, a well build architecture that could sustain any situation.
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