Implementation Strategies: Models, Decisions, and the Build vs. Buy Debate
MRC Payments Orchestration 2024
MRC Virtual Summit
MRC, BlaBlaCar, Wayfair
Sep 24, 2024
Presentations
Explore the advantages and disadvantages of various implementation models for payments orchestration. Participants will learn about the critical decision criteria for selecting the right approach and dive into the build vs. buy debate, examining the costs and challenges of each option. The session will also discuss reconciliation costs with multiple payment types and acquirers, the situational advantages of a single acquirer strategy, and unforeseen consequences such as network rules and how orchestration impacts tokenization and other regulations.
Learning Objectives:
- Assess the advantages and disadvantages of different implementation models for payments orchestration: Participants will evaluate various models, considering factors such as flexibility, scalability, and integration challenges to determine the most suitable approach for their organizations.
- Understand key decision criteria in the build vs. buy debate: Attendees will explore the cost implications, operational challenges, and strategic benefits of building a custom payments orchestration solution versus purchasing an existing platform.
- Analyze the impact of orchestration on reconciliation costs, network rules, and regulatory requirements: Attendees will gain insight into the complexities of managing multiple payment types and acquirers, tokenization, and the regulatory consequences of implementing different orchestration strategies.
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