Crossing the Chasm: The Simplest Route to Mobile Payments With Carta’s PaaS Solution

In Cloud Suite / Platform as a Service, Insights, Technology by Giles Sutherland

For many banks there’s a big, imposing chasm between understanding the need for mobile payments and mapping a route to deliver them.

 

by Giles Sutherland
Vice President Strategic Alliances

For many banks there’s a big, imposing chasm between understanding the need for mobile payments and mapping a route to deliver them. A good many banks just may not be able to justify the investment while the mobile payment market is still relatively nascent. Others may feel the need to act but are waiting to see what emerges as the long term technology solution before going all in. 

Recently Carta launched Cloud Suite 1.0—it’s our answer to these uncertainties. For banks that don’t have the appetite to develop a custom in-house mobile payment solution, Carta’s Cloud Suite 1.0 includes an open, cloud-based platform as a service (PaaS)—essentially, Salesforce for mobile payments.

If you read some of my earlier posts, you know there are many considerations that can complicate setting up your mobile wallet. A PaaS solution addresses those complications and gives banks an unparalleled ability to pivot and adapt to market developments in the future if needed, without a huge up front investment. There’s no in-house set-up, just a monthly subscription.

Carta_PaaS

Plenty of payment providers are eager to own every step of processing, but many aren’t. Carta’s PaaS frees them up to focus on perfecting user experience and value-added services, while leaving the complexities to experts. Banks can go from vision to launch in record time, at zero-risk. It’s the simplest, most reliable bridge to carry you safely across that ominous gap.