In today’s fast-paced, digital-first world, businesses are increasingly reliant on payment platforms to manage transactions, improve cash flow, and deliver seamless customer experiences. Whether you’re a start-up or an established business, selecting the right payment platform can significantly impact your growth. But with so many options available, how do you choose the right one?

Customer making wireless or contactless payment using smartphone, nfc payment

At Change Financial, we understand the challenges businesses face in making this decision. Here’s a guide to help you navigate the process of choosing the best payment platform for your business.

1. Understand your business needs

Start by assessing your current and future payment requirements. Are you primarily accepting online payments, or do you need an omnichannel solution? Do you cater to a global customer base that requires multi-currency support, or is your audience local? Understanding your customer base, transaction volumes, and business goals will help narrow down the options.

Key Considerations:

  • Payment methods (credit cards, prepaid cards, digital wallets, etc.)
  • Frequency and volume of transactions
  • Cross-border payments and currency conversions
  • Recurring billing or one-time payments
 2. Security and compliance

Security is paramount in today’s digital payments landscape. Your payment platform must adhere to the highest standards of security to protect your customers’ sensitive data. Look for platforms that are PCI-DSS compliant, offer encryption, tokenisation, and fraud prevention tools.

Additionally, if you operate in industries with strict compliance regulations, ensure the platform supports these requirements, such as GDPR for EU-based businesses.

Key Considerations:

  • PCI-DSS compliance
  • Encryption and tokenisation
  • Fraud detection and prevention features
  • Industry-specific compliance (e.g., PSD2, GDPR)
 3. Costs and fees

While price should not be the only deciding factor, it’s important to understand the cost structure of the payment platform. Different platforms have various fee models, including per-transaction fees, monthly fees, setup fees, or additional costs for premium features. Choose a payment platform that offers competitive pricing without sacrificing essential features.

Key Considerations:

  • Transaction fees (fixed or percentage-based)
  • Monthly subscription costs
  • Additional fees for features like chargeback management or currency conversion
  • Scalability of pricing as your business grows
 4. User experience and ease of integration

A payment platform should provide a smooth and frictionless experience for both you and your customers. Look for platforms that offer intuitive interfaces and simple integration processes. Most platforms provide plugins for major e-commerce platforms, but it’s worth ensuring that the platform integrates well with your existing technology stack, such as accounting software or customer relationship management (CRM) tools.

Key Considerations:

  • Ease of integration with existing software
  • Availability of developer tools and APIs
  • Quality of customer support and documentation
  • User-friendly interface for end customers
 5. Scalability and flexibility

Your business is likely to grow, and your payment platform needs to scale with it. Look for a solution that can handle increasing transaction volumes and support additional features as your business evolves. Additionally, flexible platforms that allow you to customise payment flows, add new payment methods, or enter new markets will provide you with a competitive edge.

Key Considerations:

  • Ability to handle higher transaction volumes
  • Support for new payment methods or currencies
  • Customisation options for payment flows
  • Expansion capabilities for international markets
 6. Customer support and reliability

Reliable customer support can be a lifeline in case of payment issues or technical glitches. Ensure the payment platform offers robust, round-the-clock support and has a strong reputation for uptime and reliability. A platform with frequent outages or slow processing can damage your customer experience and affect your bottom line.

Key Considerations:

  • Availability of 24/7 customer support
  • Channels for support (phone, chat, email)
  • Platform uptime and reliability record
  • Access to troubleshooting and knowledge base

 Making the right choice

Selecting the right payment platform is a critical decision for your business. By focusing on your unique needs, security and compliance requirements, cost considerations, user experience, scalability, and customer support, you can find the best solution that not only meets today’s demands but also grows with your business.

At Change Financial, we’re committed to providing secure, scalable, and flexible payment solutions that empower businesses to succeed in the digital economy.

Get in touch with us to learn more about how we can help you streamline your payment processes and unlock new opportunities for growth.

In the fast moving world of payments, speed to market can be the difference between first-mover advantage and missed opportunity. Whether you’re a fintech start-up, digital bank, or an established financial institution modernising your offerings, launching a card program in 90 days is not only possible – it’s essential.

Credit card contactless payment on a smartphone

At Change Financial, we specialise in helping businesses go live faster with flexible, secure and scalable card issuing solutions, with an experienced team alongside you every step of the way. Here’s a step-by-step guide to help you move from idea to launch in just three months.

Phase 1: Planning & Partner Selection (Days 1–15)

Key Objectives:

  • Define your goals, target market, and product scope
  • Choose the right technology and issuing partners
  • Begin compliance planning

Checklist:

  • Determine card type (prepaid, debit, credit)
  • Decide on digital, virtual, or physical card delivery
  • Select a Payments-as-a-Service (PaaS) provider like Vertexon
  • Confirm BIN sponsorship and network (e.g. Mastercard)
  • Map out key compliance obligations (e.g. KYC, AML, PCI DSS)

Tip:
Choose partners that provide pre-certified, ready-to-launch solutions. This eliminates delays caused by technical or regulatory uncertainty.

Phase 2: Card Program Design & Integration (Days 16–45)

Key Objectives:

  • Design your card product and user experience
  • Configure your tech stack and start integration
  • Begin regulatory documentation and onboarding

Checklist:

  • Finalise card design (branding, embossing, packaging if physical)
  • Integrate APIs into your core platform (e.g. via Vertexon sandbox)
  • Configure account, card and transaction rules
  • Start onboarding process with issuing bank and card network
  • Begin marketing and go-to-market (GTM) planning

Tip:
Use sandbox environments to speed up integration and test your product in real-time before live certification.

Phase 3: Testing, Certification & Pre-Launch (Days 46–75)

Key Objectives:

  • Complete testing and ensure platform readiness
  • Finalise program documentation and approvals
  • Prepare for launch

Checklist:

  • Simulate card and transaction flows with tools like PaySim
  • Pass network and compliance certification (PCI, EFTPOS if applicable)
  • Load initial test cards and run user testing (UAT)
  • Train internal support teams
  • Finalise marketing materials, FAQs, and customer onboarding flows

Tip:
Work with partners that offer built-in testing and certification to streamline this phase.

Phase 4: Go Live & Optimise (Days 76–90)

Key Objectives:

  • Launch your card program to the public
  • Monitor performance and feedback
  • Optimise early-stage experience

Checklist:

  • Launch digital wallet provisioning (Apple Pay / Google Pay)
  • Activate live card issuing and load funds
  • Monitor key KPIs (transactions, activations, declines)
  • Capture early user feedback
  • Begin scaling outreach and acquisition efforts

Tip:
Start small with a controlled launch, then scale based on feedback and data insights.

Launching a card program in 90 days requires the right technology, regulatory foresight, and experienced partners. With Vertexon and PaySim, Change Financial provides a complete solution for banks and fintechs looking to launch fast – without sacrificing security, flexibility or scale.

Want to accelerate your card launch?
Contact us to learn how Change can help you go from idea to issue – in under 90 days.