Payments on Fire™ - Episode 252 - Testing, Testing, 123: Payments has evolved in the past 20 years, what about payments testing? with Steve Semelsberger, Testlio

Episode 252 - Testing, Testing, 123: Payments has evolved in the past 20 years, what about payments testing? with Steve Semelsberger, Testlio

11/20/24 • 44 min

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Real end-to-end testing requires real-world transactions. Sometimes that’s not too difficult to do if you are implementing payments in your own country. But step outside your border, and it gets a bit harder.

People new to payments turn to logical solutions when faced with this problem. Can you call the acquirer? Won’t they have test accounts for us to use? (Probably not.) Can’t we just drip a few transactions through with a few live customers to see how it goes? (Sure, but you may wait a long time to run through all the scenarios you would like to see - and there usually isn’t patience for that in a launch environment.)

It’s tough, but don’t be discouraged. Mercifully, a subspeciality of payment providers has set out to solve this problem. And that is the focus of this episode.

Steve Semelsberger, CEO of Testlio, joins Yvette Bohanan and Drew Edmond to discuss the evolution of quality management alongside payments testing.

It’s tough, but don’t be discouraged. Mercifully, a subspeciality of payment providers has set out to solve this problem. And that is the focus of this episode.

Steve Semelsberger, CEO of Testlio, joins Yvette Bohanan and Drew Edmond to discuss the evolution of quality management alongside payments testing.

Previous Episode

Episode 251 - Bridging the Communication Gap Between Treasury and Payments with Debopama Sen, Citi Treasury and Trade Solutions

Payments and treasury are two sides of the same coin. Payments teams are responsible for the customer journey - payments into a company and sometimes disbursements to sellers, app developers, content creators, or vendors. Their role usually includes working with banks and other providers to ensure money moves into and out of the company’s accounts correctly and efficiently.

Treasurers are responsible for managing cash, ensuring the efficient flow of funds, and ensuring that things like currency conversion are not eroding margins. Fintechs often have those goals and are usually searching for a bank sponsor who understands what they are trying to build.

Debopama Sen, Head of Payments at Citi Treasury and Trade Solutions, joins us for this episode to explore how treasury and payments professionals can collaborate on opportunities presented by the evolving payments landscape.

Next Episode

Episode 253 - Glenbrook Partners: 2024 Payments Industry Trends Wrap Up

The Glenbrook partners reflect on key trends and challenges in the payments industry that shaped 2024 - from generative AI, open banking, the evolving regulatory landscape, and the rise of fast payment systems worldwide. And you can't get the Glenbrook team in a "room" without discussing ongoing fraud implications, orchestration in merchant payments, and the progress of tokenization. Tune in to hear insights from our industry experts on these themes and more as we wrap up the year and look towards 2025.