Sunday , July 5, 2020

Todd Ablowitz

COMMENTARY: Why Software is Eating Payments (Part 2)

As the payment-facilitator model matures, hundreds of thousands of fintech and software-as-a-service (SaaS) companies worldwide are realizing they can provide a better customer experience and increase revenues and valuation by becoming a payment facilitator (PF). We’re seeing companies spanning every imaginable software vertical take over their payments business.  Companies like …

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COMMENTARY: Why Software is Eating Payments (Part 1)

In 2011, Marc Andreessen wrote his now-famous article, Software is Eating the World, which predicted that software companies would “take over large swaths of the economy.” Due to the wide adoption of broadband, mobile, and cloud-computing technology, Andreessen pointed out that the ingredients were in place for a huge boom …

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