Payments Consulting Services
Capture the payments opportunity
Payments are
changing
Customer demands for better experiences challenge the payments industry at a time of increased regulation, costs and financial crime.
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 value propositions, defences, and agile business models.
Payments consulting services help merchants and PSPs to make data-driven decisions on strategy, regulation, and technology.
value of global payments, 2023
value of money laundering, 2023
volume of global payments, 2023
CAGR in global payments market
Sectors we Serve
We work with clients across the payments industry.
Our Services
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 payments ecosystem to identify opportunities to reduce cost, accelerate settlement, and generate revenue.
Partnerships
Boost your value proposition by partnering with PSPs, issuers, acquirers, open banking and BaaS providers.
Coverage
We have expertise across the payments industry.
| 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, eMoney Institution, and other licenses in the EU and UK. We provide a comprehensive solution, including jurisdictional analysis, business plan development, sourcing of fintech solutions, preparation of license applications, and regulatory engagement. We also assist with ongoing compliance.
Both are PSPs. Payment Institutions facilitate payment transactions such as cards, transfers and direct debits, but offer limited account functionality. Electronic Money Institutions offer all PI services plus issue electronic money and hold funds in IBANs, cards and wallets. EMIs have a higher regulatory requirement.
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.
The global payments industry in 2023 was USD 1.8qn in value from 3tr transactions. The revenue generated by market participants 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 payment 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 for merchants and PSPs as it grows in volume and complexity.
It pays to be Sure
From start-up scale, Sure is by your side.