Transaction Trending EP18: An Overview of the Evolving ISV Marketplace, with Marc Abbey, Accenture
9-26-2018
According to ETA’sPayments Trends to Watch report, merchants will spend $2.2 billion this year alone on software solutions for their point-of-sale devices. Our report predicts that merchants will spend even more – up to $2.4 billion – in 2019.
It’s no secret why. As we’ve discussed with ISV and PayFac leaders on this podcast, software solutions deliver a lot of functionality to merchants.
But for acquirers, ISOs and payments processors, software can be a vital tool for driving new products, enhancing services, and extending the reach of payments to new verticals. All told, these solutions have unlocked a new and innovative time for the payments industry.
On this episode of Transaction Trending, we are tapping into some of the excellent content we had at this year’s TRANSACT, the world’s most important payments technology event. Marc Abbey, Managing Partner at Accenture Payments, kicked off our Integrated Payments and Software track at TRANSACT with an overview of the evolving ISV marketplace.
As a leading observer, analyst and advisor to the payments industry, Marc shared insights on how the ISV market has evolved, the opportunities it presents and what future trends may emerge. We bring his address to you now from the halls of TRANSACT.
Take a listen here, and check out Apple Podcasts, Google Play, Stitcher or SoundCloud to listen and subscribe.
About ETA
The Electronic Transactions Association (ETA) is the world’s leading advocacy and trade association for the payments industry. Our members span the breadth of significant payments and fintech companies, from the largest incumbent players to the emerging disruptors in the U.S. and in more than a dozen countries around the world. ETA members make commerce possible by processing approximately $56.75 trillion annually in purchases and P2P payments worldwide and deploying payments innovation to merchants and consumers.
ETAs membership spans the breadth of the payments industry to include independent sales organizations (ISOs), payments networks, financial institutions, transaction processors, mobile payments products and services, payments technologies, and software providers (ISV) and hardware suppliers. For more information, visit electran.org.
