Play to Win with TANGO for Retail Payments

In today’s highly competitive Retail Payments market, there is no margin for error. To be successful, payments organizations need the very best technology, the right skills and experience, and the commercial agility to rapidly exploit any opportunities. It is a fact of business-life that all organizations have their ups and downs. However, the smart organizations continually pay attention to the critical factors that reduce the likelihood of ‘nasty surprises’, while also creating the best chances for accelerated success.

A simple ‘roll the dice’ strategy cannot ensure a future of strong growth, even if that’s how you have always ‘played’ before. The availability of powerful payment solutions like TANGO, the effectiveness of DevOps and Agile methodologies, and the perpetual shift in consumer demands are combining in a perfect storm. Unless of course, your organization can transform itself to thrive in this new era of Retail Payments.

Interestingly, the humble "Snakes ‘n Ladders" game provides a great metaphor for the ups and downs of a modern Retail Payments business.

SEEK COMPOUNDING GAINS
Fortunately, some business gains lead directly to further gains with a significant amplification of the overall benefits. Being more competitive comes from being able to learn and change more quickly than your competition. Using the TANGO micro-services payments suite delivers all the flexibility and commercial agility you need. This is clearly a crucial benefit. Additionally, with TANGO you can reduce your time and costs for compliance, support a wider range of consumer payments types, and easily form new business partnerships for accelerated growth. One ‘ladder’ leads to another, and another. Lucky dice throws aren’t guaranteed - but smart planning can, and does, make them more likely.

ANTICIPATE DISRUPTION
If you are providing a valuable service then it is highly likely that someone else is striving to do it better. No matter how successful their consumer service programs are, the smartest organizations continually ask themselves “What if …”, and prepare themselves for the unexpected.

While you cannot prepare for every competitive threat, you can take decisive steps to improve your responsiveness. Hanging on to an ageing payments platform might be convenient but can it enable the rapid delivery of new services to counter business threats?

Competitive threats are always there. The less you prepare for them, the greater the risk you will be caught out. As the playing board metaphor shows – only getting close is not good enough to win.