The payments space is one of the fastest growing and most fiercely competitive markets in the world. With consumers transitioning to cashless transactions, digital commerce continuing to boom, and commercial entities shifting toward electronic transactions, incumbents and upstarts alike are facing tremendous challenges and opportunities.
To stay competitive, payments providers need to embrace modern architectural approaches more suitable to today’s payment needs. How to modernize your payment processing system for agility and performance? Download the whitepaper from Solace to learn the guiding principles in architecting a modern payments platform of the future.
Modernized systems to meet dynamic marketplace
With the shifts in payment architectures, payment providers need to modernize their infrastructure by adopting payment micro-services and events considerations to meet today’s payment needs:
- Event-driven microservices for service independence and scale
- Low-cost computing options, including private and public clouds
- Taxonomy-based event routing for transparency and flexibility
- Open standard protocols for technological independence
- Publish/subscribe for parallel processing for faster response times
Event-driven microservices make payment platforms agile and fast
Embracing event-driven micro-services architecture built on a global event mesh gives payments architects the tools they need to deliver a next-generation architecture that lowers transaction costs, improves service delivery and agility, and makes it much easier to deploy parallel processing, which leads to improved customer experience.
Get the latest whitepaper to find out the nine architectural principles in building flexible, high-performance payment systems
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