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The future of payments will be tokenized (and what it means for software companies) with Colin Luce
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In this episode, Basis Theory Co-Founder and CEO Colin Luce joins Rainforest Founder and CEO Joshua Silver for a deep dive on payments orchestration, tokenization, and vaulting.
They discussed:
- The number one reason to invest in payment orchestration (hint: it's not least-cost routing)
- How software companies can protect their merchant onboarding data and get more control over their payment processing
- The sneaky retention tactic some legacy payment providers still use -- and how data vaulting can help software platforms break free
- Why the promise of "use network tokens and save 10 bps" has yet to be realized
- Exactly what is Payments 3.0, and the capability it is unlocking for software platform
The Payments Strategy Show is brought to you by Rainforest, embedded payments purpose-built for vertical SaaS.
Grow revenue with the only payfac-as-a-service provider optimized to help you drive more payments volume at higher margins, without risk or compliance headaches.
Learn more: https://rainforestpay.com
Connect with us on LinkedIn: https://linkedin.com/company/rainforestpay
Chapters
1. Introduction (00:00:00)
2. Founding Basis Theory (00:03:27)
3. Payment Orchestration (00:05:30)
4. Data Portability (00:15:30)
5. Tokenization (00:18:29)
6. Payments 3.0 (00:26:20)
14 episodes
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