We work with credit card vendors and to me, it seems like an easy business. You have many companies that want to be PCI compliant and they want to save money and they want reliable service. With credit card processing, it is really quite easy . Charge a credit card, validate, reject, etc. Can you handle all of my transactions? Is your API clean?
The one issue I see:
* Some vendors are slow. E.g. 3-5 second transactions
* Too expensive
* No good PCI compliant user interface. E.g. if I want to embed an iframe into my application. These are kludgy.
Other than that, what a great market to be in. And not just credit card transactions but banking/ach transactions, wire transfers, the whole 9 yards.
The one issue I see:
* Some vendors are slow. E.g. 3-5 second transactions
* Too expensive
* No good PCI compliant user interface. E.g. if I want to embed an iframe into my application. These are kludgy.
Other than that, what a great market to be in. And not just credit card transactions but banking/ach transactions, wire transfers, the whole 9 yards.