3min chapter

Fintech Layer Cake cover image

Digital Wallet Innovation and Adyen Lessons with Sophia Goldberg

Fintech Layer Cake

CHAPTER

Challenges and Benefits of Building vs Buying a Closed Loop Payment System

The chapter explores the benefits and challenges of building a closed loop payment system in-house versus buying a solution from a partner. It highlights the high upfront cost, cross-functional teams involved, and regulatory considerations, while also emphasizing the scalability and cost-effectiveness of their own platform, Ansa.

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