Undergraduate Blog / Defining Your Babson

Important questions to ask and research before working in FinTechs developing payment software?

Payment ecosystem is quite complicated, and when it is mixed with new technologies it becomes harder to understand. Researching about how acquiring, issuing and processing differs from each other would give you an idea of how things work. Also having a general ideal of models such as 3 party or 4 party models would allow you to put things into perspective. You can easily reach out to your supervisors to ask for resources to study or even offer to put together an introduction presentation for new employees to understand the business. This will allow you to learn more about the business as well as leave a good first impression.