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In this latest case study by OpenWay, learn how digital-native companies leverage SaaS for card issuing, merchant acquiring, and digital wallets. Stay ahead of the curve: https://bit.ly/3TpiI5X #fintech #payments #SaaS #innovation

The Vertical SaaS sector, with rising stars like ServiceTitan and Auditboard, is on the brink of a significant market opportunity as it's poised for an expansive growth trajectory, expecting to reach a >$400B TAM by 2032. This growth is not without its challenges, as customer demands for holistic, end-to-end solutions put pressure on vertical SaaS companies to expand their core offerings, including payment processing and analytics functionalities. Stripe’s reports reveal a high demand among Stripe Connect users for platform-level payment analytics, echoing the broader industry trend towards integrated payment solutions. Early adopters like MindBody have demonstrated the lucrative potential of incorporating payments into their revenue streams, with payments accounting for a substantial portion of their revenue. The advent of PayFac agnostic platforms such as Payabli and Tilled has simplified the integration of payment processing for vertical SaaS companies, enabling them to capture significant revenue while offering comprehensive solutions to their customers. This shift towards integrated payment processing is further driven by end customers' growing understanding and expectations around payment transparency and optimization. Tools and platforms that provide detailed insights into payment transactions enable businesses to control costs more effectively, presenting a compelling value proposition. As businesses seek to diversify their payment and POS solutions, the demand for platforms that offer both payment processing capabilities and insightful analytics will continue to rise. Companies like Revenew and Bikky are leading the charge, providing transparency and optimization tools that allow businesses to enhance their operations and improve their margin profiles. For vertical SaaS companies, the path to thriving in a competitive market involves embracing payments as a key differentiator. By integrating payment processing into their suite of services, these companies can unlock new revenue streams, improve capital efficiency, and align closely with their customers' evolving needs. As we navigate this landscape, the companies that leverage payments to enhance their value proposition will emerge as leaders in the vertical SaaS space.

How are #digitalwallets setting the stage for transformative changes in how consumers and businesses handle transactions? Our CEO, Phil Levy, shares his insights with CanadianSME Small Business Magazine in this recent interview: https://lnkd.in/e_vZwYW7 #SaaS #paymentfacilitation

New fintech firms leverage SaaS for swift product launches without significant infrastructure costs or compliance-related delays. But companies are wary of sacrificing unique, differentiated solutions for the sake of convenience and savings. Read more here: https://lnkd.in/g9Qm2KSW OpenWay #fintech #banking #SaaS #payments

Looking to scale your SaaS business and grow revenue on autopilot? Meet OpenPay Subscription Management, the done-for-you, fully-managed growth platform that simplifies your billing, payment, and subscription processes. ✔️ Flexible billing – Run tiered, usage-based, or flat-fee models with ease ✔️ AI-powered smart routing – Maximize payment acceptance and minimize fees ✔️ Custom checkout flows – Deliver a localized experience, boosting global conversions Increase payment acceptance rates by 11%. Reduce processing fees by 20%. Enable new processors in under a minute. Simplify your subscription management and start growing today with OpenPay. #SaaS #Payments #SubscriptionManagement #OpenPay #AI

The rising trend of embedded payments is reshaping the way transactions are conducted by making them faster, more intuitive and more convenient for users. So, how do you know if it's right for you? Our latest blog from our Chief Product Officer Tiffany Johnson digs into the basics, how it can scale and grow your business and why NMI is the best partner. 😉 Check it out: https://bit.ly/4dABTSu #EmbeddedPayments #NMI #SaaS #PaymentSolutions

Pioneering Innovation in Saas and Fintech with AI-Solution - RedoQ - Techiexpert.com: The SaaS platforms will increasingly integrate FinTech solutions within them. This will allow businesses to carry out financial operations within an ...

The Subscription Economy - A Revolution in Consumer Behavior and Business Models We have all contributed to the subscription economy in one way or another, mainly due to two factors: "convenience" and "value." Therefore, it has become a multi-billion-dollar industry today. Let's take the credit! ☺ For many businesses, this model's appeal lies in its ability to provide continuous value, predictability, and a personalized experience. Having worked in the payment and SaaS industries, I can identify the key drivers of change in the subscription economy as follows: - Flexibility & Scalability: the flexibility to scale services up or down based on demand, making it cost-effective and adaptable to changing needs: from monthly and yearly plans to usage-based billing. - Seamless customer experience and personalized solutions: With the need for frictionless payment processes, payment providers have responded by developing solutions that ensure smooth transactions without interruptions while SaaS providers focus on customer stickiness to enhance customer service & support. - Global Reach: Payment providers are enabling businesses to easily accept subscriptions from customers worldwide, handling multiple currencies and payment methods. - Continuous Updates and Innovation: Unlike traditional software, SaaS provides continuous updates and improvements, ensuring users always have access to the latest features and security enhancements. - Economic Efficiency: Subscriptions provide predictable revenue streams for businesses and often reduce costs for consumers by bundling services. The future certainly looks bright 💡 - - Advanced AI and machine learning can be increasingly integrated into SaaS offerings, providing more intelligent and automated solutions that enhance productivity and decision-making. These technologies can improve fraud detection, personalize payment experiences, and optimize transaction processes, making payments more secure and efficient. - The shift towards microservices and API-driven architectures will allow for more modular, customizable, and interoperable software solutions, enabling businesses to build ecosystems tailored to their specific needs. - As internet access and digital transformation accelerate worldwide, SaaS companies will expand their reach into emerging markets, driving global business growth. - Comprehensive platforms that integrate payment processing, customer management, and analytics will become more prevalent, offering businesses a holistic view of their subscription operations. Some Facts - Today, the SaaS market has skyrocketed to over $157 billion, with projections suggesting it could exceed $200 billion by 2025 . The subscription billing market was valued at $4.8 billion and is projected to reach $11.1 billion by 2025. #SubscriptionEconomy #Payments #FinTech #Innovation #FutureOfPayments #DigitalTransformation #SaaS #BusinessTransformation #TechTrends #FutureOfWork