Future-proofing your business: why payments are crucial for ISVs

10 / 12 / 2024

Ambitious Independent Software Vendors (ISVs) recognise that payments, driven by rising customer expectations, are now a core part of their business. Gopinath Navaratnam, UK Partner Manager, highlights that strong partnerships with the right payment provider are vital for long-term success.

4 min.

team brainstorming

As ISVs, you know that the world of payments is changing rapidly. Customer expectations are rising, new payment methods are emerging, and simply offering basic payment options is no longer enough. Payments can no longer be an afterthought; they need to be a core part of your business strategy, or the customer might walk and never return. And from my years of experience, both in the payments sector, and on the merchant side, I’ve seen time and again that businesses who embrace this shift are the ones that thrive.

The future belongs to ISVs that view payments as more than just transactions. Payments can streamline operations, improve compliancy processes and elevate the customer experience. This all comes down to partnering with a payment provider that aligns with your goals to ensure you remain competitive and is ready to meet the challenges ahead.

How payment partnerships open new territories for ISVs

Imagine a taxi software provider that offers an all-in-one platform to small taxi firms—helping them with everything from booking rides to managing payments. For a flat fee, these firms get a simplified way to manage their business, saving time and reducing errors. Now, what if that software provider also integrated seamless payment solutions? Suddenly, the taxi firm’s day-to-day operations become even easier. They can onboard quickly, process payments right away, and offer features such as multi-split payments, automated dispute handling, pay-by-link or escrow services.

With pre-integrated payment solutions, the taxi firm isn’t just using the software to manage rides—it’s streamlining its entire payment process, enhancing customer satisfaction, and ultimately growing its business.

For ISVs, providing a payment solution that suits the specific needs of their users is essential. Whether it’s traditional card payments, mobile or contactless options like Apple Pay and Google Pay, offering flexibility is key. And with the rise of global markets, ISVs need to support local payment methods like Bancontact in Belgium or Carte Bancaire in France. The right payment provider will allow you to offer a tailored experience to your merchants, no matter where they are in the world.

Simplicity matters

One thing I’ve learned in this industry is that simplicity matters. ISVs shouldn’t have to worry about complicated integrations. The right payment partner will offer quick and easy deployment options, allowing you to focus on what you do best—developing your software. Features like payment links, hosted payment pages, and gateway should be simple to integrate, giving you the flexibility to scale as your business grows. And from the merchant's perspective, the first interaction with the payment system must be smooth and seamless. A streamlined onboarding process means they can start accepting payments without delay, whether it's mobile wallets, local cards or international payment methods.

With the global shift towards mobile and contactless payments, ISVs cannot afford to lag. It’s not just about keeping up with trends—it’s about preparing for the future. If your software supports digital wallets, you’re already giving your merchants an edge in the competitive marketplace. In the UK alone more than 75% of consumers have used digital wallets in the past year. But don’t stop here—think globally. By partnering with a payment provider that supports regional payment methods across the world, you’re helping your merchants expand without borders.

Security, compliance, and success

Of course, payments are not just about completing transactions — they’re also about security compliance and data insights. A great payment partner will offer built-in fraud protection, real-time reporting and compliance support for critical requirements such as KYC and GDPR. This allows ISVs to focus on their core offerings rather than managing complex regulatory demands. By integrating tools for fraud management, detailed analytics, and regulatory compliance, ISVs can empower their users to operate securely and efficiently, building stronger, long-lasting partnerships.

How Worldline goes a step further

At Worldline, we understand the challenges ISVs face, which is why we’ve designed specifically for their dedicated needs an all-in-one payment solution with flexibility, scalability, and simplicity at its core. Whether you’re just starting or expanding globally, our solutions ensure that payments are never an afterthought—they’re a driver of success.

Our scalable offerings grow with your business, while extensive marketing, training, and technical support ensure your success. With global payment capabilities, we help you overcome geographical limitations.

I believe customers prioritise scalability, commercial viability, and reliable back-office support in a payment provider. It's not just about having a great product—dedicated support is critical to ensuring seamless operations and maintaining customer confidence.

For instance, our long-standing partnerships within the travel and hospitality sector for where ISVs leverage our solutions to help their clients streamline operations and enhance their offerings.

As we move forward, I’m thrilled to announce our new partnership program, designed to empower businesses with the tools and support to succeed in 2025. Whether you’re an ISV, SaaS provider, or agency, this initiative focuses on simplicity, global reach, and new revenue streams, so we’re here to help you and your customers thrive. Reach out today, and let’s grow together.