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 global trade association representing more than 500 payments and technology companies. ETA members make commerce possible by processing more than $6 trillion in purchases in the US and deploying payments innovations to merchants and consumers. Learn more: www.electran.org.
