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I've never done consumer facing payments so I don't quite understand what are they selling here. Why not use Paypal directly for example (since that's one of t

I've never done consumer facing payments so I don't quite understand what are they selling here. Why not use Paypal directly for example (since that's one of the gateways they support)? My question might sound silly but in B2B you just use wire transfers. So, I don't see the need to stack up too many layers for payments when each layer wants some money for the service they provide. Is their main feature the fact you could switch gateways -- ie. they are selling an API wrapper?

ntalbott 16y ago
There are a few key value props: * Your PCI compliance burden is significantly reduced. * Card storage is a seamless process, and at the end of the day you own the card data. * You can easily switch gateways (or balance across multiple gateways). * Our API doesn't suck, which doesn't sound like much until you've had the misfortune to implement against a few gateway API's. And there are other value props we'll be rolling out as time progresses - there's a lot of cool things we can do to improve the life of anyone collecting money online.