Payments Consulting Services
Launch fast, grow volumes across payment rails, and reduce fraud with expert payments consulting services.
Payments are changing
Customer demands for better experiences challenge the payments industry at a time of increased regulation, costs, and fraud.
Opportunities emerge for offerings that target interchange, cross-border, embedded credit, and other profit pools.
As the economics of the payments industry shift, participants must maintain strong propositions, defences, and agile business models.
Payments consulting services help merchants and PSPs make data-driven decisions on strategy, regulation, and solutions.
value of global payments, 2023
value of money laundering, 2023
volume of global payments, 2023
CAGR in global payments market
Sectors
We provide payments consulting services across a range of sectors.
Services
Comprehensive payments consulting services to enhance your business.
Strategy
Capitalise on product, market, and technology opportunities with payments industry insights.
Regulation
Secure Payment Institution and eMoney licenses in the EU and UK, comply with PCI and AML obligations.
Technology Sourcing
Define requirements and source competitive deals from reliable FinTech suppliers.
Optimisation
Review your ecosystem for opportunities to reduce cost, accelerate settlement, and increase revenues.
Financial Services
Boost your value proposition by partnering with PSPs, issuers, acquirers, and open banking providers.
Payments Industry Coverage
| Payment Channels | Payment Types | Embedded Credit | Payment Technologies |
|---|---|---|---|
| eCommerce | Alternative Payment Methods | BNPL | Anti Money Laundering |
| Mail Order, Telephone Order (MOTO) | Bank Transfer | Charge Card | API Ecosystem |
| Partners | Cards | Credit Line | Cyber Security |
| Pay by Link | Cash | Hire Purchase | Hosted Payment Page |
| Point of Sale (POS) | Crypto | Instalment | Identify Verification |
| Server-to-Server | Digital Wallets | Leasing | Open Banking |
| Shopping Carts | Internal / A2A | Revolving Credit | Payment Gateway |
| Virtual Terminal | PayPal | Payment Hub | |
| Recurring | Tokenisation | ||
| Reward Points |
Sure helps PSPs secure Payment Institution and eMoney Institution licenses in the EU and UK. We provide a comprehensive solution, including jurisdictional analysis, business plan development, sourcing of solutions, preparation of applications, and regulatory engagement. We also ensure ongoing compliance.
Payment Institutions facilitate payment transactions such as cards, transfers and direct debits. Electronic Money Institutions offer all PI services plus issue electronic money and hold funds in IBANs, cards, wallets and servers. Both are classed PSPs.
Electronic money is stored electronically on a card, wallet or computer; is issued on receipt of funds; for the purposes of making payments and is accepted by the receiver. Electronic money has the monetary value equivalent to fiat currency, and the issuer of electronic money should be regulated.
Global payments in 2023 totalled USD 1.8qd in value from 3tr transactions. Revenue generated by PSPs was USD 2.5tn, making it one of the largest financial services sectors. Asia is the largest region, followed by Europe and North America. Cards remain the largest segment. The global payments industry has 8% CAGR for several years and will continue.
Real-time infrastructure has been created in major markets and will drive online payments. Corporations have direct membership and account-to-account options that reduce payment costs and settlement times. New regulations such as PSD3 will foster innovation however financial crime is an issue as it grows in volume and complexity. PSPs are acquired as M&A is faster and less risky than greenfield growth.
It pays to be Sure
From start-up scale, Sure is by your side.