Payment Execs Forecast Trends for Year Ahead

By December 27, 2013 November 15th, 2017 Industry News, News, Payments

As the last days of 2013 come to a close, payments firms across the country are busy reflecting on the experience they’ve gained to best position their strategies for the future while avoiding the issues that have dogged them in the past.

As our friends over at begin to look ahead to 2014, they surveyed some of the top execs and thought leaders in the industry – including EVO Snap*’s own Peter Osberg – for their insight and analysis into how they can expect 2014 to shape their fortunes. Here is an excerpt from that article: What was your biggest accomplishment in 2013 and how will it position you for 2014?

Peter Osberg, EVO Snap: Our biggest accomplishment of 2013 was acquiring and mobilizing a new technology that positions one of the largest processors in the world to become a significant player in the integrated software space. What do you think we will see more of in 2014? Less of?

Peter Osberg, EVO Snap: In 2014 we expect to see more developers using EVO Snap* on behalf of their merchant customers to address vertical commerce needs, satisfy merchant boarding requirements and expand their reach globally. As more developers move toward integrated software solutions, we expect to see less stand-alone hardware. If you were writing one, what would you want the New Year’s Resolution for the payments industry to be?

Peter Osberg, EVO Snap: We’d like to see all payment industry participants resolve to better understand how to partner more effectively with other members of the payments value chain to enhance merchant offerings.

Read the full article here

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