Even in these challenging economic times, the rate of change in the payments industry is accelerating. To meet market demands for convenience and choice, payment providers must support an increasing number of new technologies and payment methods. The need to add functionality while maintaining flexibility and ensuring price performance has lead many payment companies to incorporate cloud computing into their operations.
Cloud computing offers several service models, including Software as a Service (SaaS) and Platform as a Service (PaaS), that allow payment providers to increase capacity and add capabilities on the fly without investing in new infrastructure, training new personnel, or licensing new software. These benefits will make cloud computing the IT strategy of choice as the competition in the payment industry continues to grow.
RS Software understands today’s payment environment and the technology that powers it. For more than 20 years we have focused on payments and participated in the evolution of the payments industry. Our expertise has helped clients around the world unlock the value of cloud computing and its SaaS and PaaS service models to minimize capital expenditures, decrease risk, reduce overhead costs, lower the barriers of entry for new lines of business and improve time to market.