Asia Tech Podcast

EP 322 - Stripe's Strategy Shift: How Open Payment Systems Benefit Primer - Gabriel Le Roux - co-Founder and CEO at Primer

Listen Later

"What we are saying is, hey, right now you have this unified infrastructure that allows you to do payment experimentation. And guess what, if you want to try and test different services, now you have access to an app store of services, you go in, in the Primer dashboard, they can just like toggle on and off, like the services you want to use. You can add test them, AB testing in the world of payments is simply impossible, right?" - Gabriel Le Roux

Some of the topics that Gabriel highlighted in detail included:

  • A pivotal shift towards modular payment systems, emphasizing flexibility and customization over the traditional one-size-fits-all solutions.
  • The shift towards merchant-centric services, diverging from the historically provider-focused models, where businesses had to adapt to the limitations and structures of their payment service providers.
  • The recent announcement by Stripe to open up its services aligns with a broader industry trend towards interoperability and flexibility.
  • How Primer’s technology enables businesses to adapt their payment methods and procedures on a country-by-country basis seamlessly.
  • The concept of "future-proofing" businesses through scalable payment infrastructures, allowing small to medium-sized enterprises (SMEs) to implement a robust payment system early in their development phase, which can scale as they grow and expand.
    • ...more
    View all episodesView all episodes
    Download on the App Store
    Asia Tech PodcastBy Michael Waitze Media