Payment Processing Systems - Pricing Creativity

If something has value, its price should reflect this. Now, valuation is a complex subject. Even if you have some Estimates or Profit Margins, a Price goes beyond them. Let's say your service or product has a price. The next problem is: how do you collect your payment dues?

In simpler times, you would meet the person. And both parties used to pay each other through physical means.

Today, you can provide your products or services over the entire globe. So, an ideal payment and settlement solution must enable such transactions. But this is real life. Thus, nothing is ideal. Cybersecurity challenges are as smart as your preventive measures.

Reliable Payment Systems

You can use the SWIFT network of all banks in this world. Still, some simpler solutions exist. Paypal is one of them. But other tools such as Payoneer, Transferwise or Skrill are also capable. At the end of the day, it is up to you and your needs.

Now, let's study some of these payments solutions. [TBC]