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pspangels.com PSP Angels is an independent payment consultancy firm. We understand the payment market and have a hug... see more
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How Shopper Expectations Are Redefining Business Success
Businesses think having good products at fair prices is enough—but modern shoppers expect much more!
Slow checkouts, outdated payment methods, or limited options cause instant customer loss, damaging both revenue and brand loyalty. If your payment process doesn’t meet their expectations, they’ll leave—no second chances!
Payment is not the FINAL step—it is the FIRST!
It impacts UX, risk management, technology, product development, data security, compliance, finance, and more.
But how to keep up with modern shoppers who demand speed, security, and flexibility?
Read my article for the details: https://www.linkedin.com/pulse/how-shopper-expectations-redefining-business-success-viktoria-soltesz-3qj6e/ Dec 17, 2024
Businesses think having good products at fair prices is enough—but modern shoppers expect much more!
Slow checkouts, outdated payment methods, or limited options cause instant customer loss, damaging both revenue and brand loyalty. If your payment process doesn’t meet their expectations, they’ll leave—no second chances!
Payment is not the FINAL step—it is the FIRST!
It impacts UX, risk management, technology, product development, data security, compliance, finance, and more.
But how to keep up with modern shoppers who demand speed, security, and flexibility?
Read my article for the details: https://www.linkedin.com/pulse/how-shopper-expectations-redefining-business-success-viktoria-soltesz-3qj6e/ Dec 17, 2024
Why Payment and Banking Can No Longer Be Ignored – The Hidden Business Risk No One Talks About
Most businesses still think payment and banking are just routine tasks managed by their finance or tech teams.
This outdated belief can cause massive financial losses, failed transactions, frozen accounts, and skyrocketing fees—problems that can cripple a company in no time.
I believe that Payment and banking today impact customer experience, risk management, technology, product development, data security, compliance, finance, and more. I argue that it should be considered a standalone function—an essential element of the business strategy, not just a part of finance.
I also think accountants are not adequately trained to manage payment and banking tasks. Key areas, such as how payments and banking affect technology, UX, compliance, and other essential aspects in a business, are absent from accounting, economics courses, and MBAs.
I want a paradigm change and see companies building strategies and scalable systems around payment and banking.
Business should have a holistic approach to their payment and banking setups.
Ignoring them as critical business functions is not just risky—it’s a guaranteed path to operational chaos.
Read my article for more information.
https://www.linkedin.com/pulse/why-payment-banking-can-longer-ignored-hidden-business-soltesz-v1ise Dec 16, 2024
Most businesses still think payment and banking are just routine tasks managed by their finance or tech teams.
This outdated belief can cause massive financial losses, failed transactions, frozen accounts, and skyrocketing fees—problems that can cripple a company in no time.
I believe that Payment and banking today impact customer experience, risk management, technology, product development, data security, compliance, finance, and more. I argue that it should be considered a standalone function—an essential element of the business strategy, not just a part of finance.
I also think accountants are not adequately trained to manage payment and banking tasks. Key areas, such as how payments and banking affect technology, UX, compliance, and other essential aspects in a business, are absent from accounting, economics courses, and MBAs.
I want a paradigm change and see companies building strategies and scalable systems around payment and banking.
Business should have a holistic approach to their payment and banking setups.
Ignoring them as critical business functions is not just risky—it’s a guaranteed path to operational chaos.
Read my article for more information.
https://www.linkedin.com/pulse/why-payment-banking-can-longer-ignored-hidden-business-soltesz-v1ise Dec 16, 2024
Upvoted by Ariel
Payment Data: The Overlooked Asset
When revenue takes a hit, many businesses rush to adjust ads or offer bigger discounts, hoping to bring back customers.
But these tactics often fail because they miss the real issue, which lies in their overlooked reports—their payment data.
Payment data reveals unique information about customers: how they like to pay, how often they return, and how much they spend.
Ignoring payment data means missing critical insights that could boost sales, improve customer experience, and prevent revenue loss.
Read my article for more information: https://www.linkedin.com/pulse/payment-data-overlooked-asset-viktoria-soltesz-qfojf Dec 15, 2024
When revenue takes a hit, many businesses rush to adjust ads or offer bigger discounts, hoping to bring back customers.
But these tactics often fail because they miss the real issue, which lies in their overlooked reports—their payment data.
Payment data reveals unique information about customers: how they like to pay, how often they return, and how much they spend.
Ignoring payment data means missing critical insights that could boost sales, improve customer experience, and prevent revenue loss.
Read my article for more information: https://www.linkedin.com/pulse/payment-data-overlooked-asset-viktoria-soltesz-qfojf Dec 15, 2024
Stuck in the Past: Why the U.S. Still Relies on Checks in a Digital World
The U.S. is stuck using outdated checks while the rest of the world races ahead with instant payments and advanced financial tech.
This old-fashioned practice leaves businesses exposed to rising fraud, delayed cash flow, and unnecessary operational costs. Every check processed is a missed opportunity, weakening competitiveness and risking financial stability.
Without modernizing payment methods, U.S. companies face mounting threats that could severely harm their bottom line.
Read my article for more information: https://www.linkedin.com/pulse/stuck-past-why-us-still-relies-checks-digital-world-viktoria-soltesz-7wgmf/?trackingId=IETkh%2BvgQRUtTDS2Ngc%2BsA%3D%3D Dec 13, 2024
The U.S. is stuck using outdated checks while the rest of the world races ahead with instant payments and advanced financial tech.
This old-fashioned practice leaves businesses exposed to rising fraud, delayed cash flow, and unnecessary operational costs. Every check processed is a missed opportunity, weakening competitiveness and risking financial stability.
Without modernizing payment methods, U.S. companies face mounting threats that could severely harm their bottom line.
Read my article for more information: https://www.linkedin.com/pulse/stuck-past-why-us-still-relies-checks-digital-world-viktoria-soltesz-7wgmf/?trackingId=IETkh%2BvgQRUtTDS2Ngc%2BsA%3D%3D Dec 13, 2024
Upvoted by Zahra
Are You Handing Over Your Business Secrets Without Realizing It?
Sending your processing history to a payment provider might seem like a harmless step, but it could be very risky, and costly!
Processing history reveals how much you pay, who you work with, and even the terms you’ve secured – handing providers all the power during negotiations. They can use this data to lock you into worse deals while making it seem like you’re getting a good offer.
Read my article to find out how to protect yourself.
https://www.linkedin.com/pulse/how-your-processing-history-can-backfire-risk-you-cant-soltesz-bvouc
Dec 10, 2024
Sending your processing history to a payment provider might seem like a harmless step, but it could be very risky, and costly!
Processing history reveals how much you pay, who you work with, and even the terms you’ve secured – handing providers all the power during negotiations. They can use this data to lock you into worse deals while making it seem like you’re getting a good offer.
Read my article to find out how to protect yourself.
https://www.linkedin.com/pulse/how-your-processing-history-can-backfire-risk-you-cant-soltesz-bvouc
Dec 10, 2024
Upvoted by Ariel
BNPL Could Cost You Your Business
Are you offering Buy Now, Pay Later (BNPL) to boost your sales? Think again.
Missed payments, hidden fees, delayed cash flow—BNPL could be draining your business without you even realizing it. And with tightening regulations and costly technical headaches, the risks are stacking up fast.
Read my article to see how this payment method can turn into your biggest liability
https://www.linkedin.com/pulse/bnpl-could-cost-you-your-business-viktoria-soltesz-mmz1e
Dec 5, 2024
Are you offering Buy Now, Pay Later (BNPL) to boost your sales? Think again.
Missed payments, hidden fees, delayed cash flow—BNPL could be draining your business without you even realizing it. And with tightening regulations and costly technical headaches, the risks are stacking up fast.
Read my article to see how this payment method can turn into your biggest liability
https://www.linkedin.com/pulse/bnpl-could-cost-you-your-business-viktoria-soltesz-mmz1e
Dec 5, 2024
The Privacy Paradox: Why Cryptocurrency’s Transparency Can Be a
Double-Edged Sword
Here is an unpopular opinion: adding crypto payments might seem like the future, but it has serious issues we need to talk about.
Crypto can ruin your privacy, existing banking connections, and expose your business to serious risks if you don’t know what you are doing.
I have seen many times how crypto kills businesses—but financial loss, regulatory penalties, and reputational damage are not "sexy" enough to talk about.
Don't hate me - I still believe crypto can be a good tool if used well. However, for the majority of the users it's a double-edged sword, where no one is talking about how to avoid cutting yourself
Read my article to see the real dangers and what to do to avoid them
https://www.linkedin.com/pulse/privacy-paradox-why-cryptocurrencys-transparency-can-sword-soltesz-fx3df Dec 3, 2024
Double-Edged Sword
Here is an unpopular opinion: adding crypto payments might seem like the future, but it has serious issues we need to talk about.
Crypto can ruin your privacy, existing banking connections, and expose your business to serious risks if you don’t know what you are doing.
I have seen many times how crypto kills businesses—but financial loss, regulatory penalties, and reputational damage are not "sexy" enough to talk about.
Don't hate me - I still believe crypto can be a good tool if used well. However, for the majority of the users it's a double-edged sword, where no one is talking about how to avoid cutting yourself
Read my article to see the real dangers and what to do to avoid them
https://www.linkedin.com/pulse/privacy-paradox-why-cryptocurrencys-transparency-can-sword-soltesz-fx3df Dec 3, 2024
Upvoted by Zahra
What if your business’s rapid success became its biggest risk?
One of our clients—a thriving online retailer—faced this exact nightmare.
Their growth exposed cracks in their payment processes, leading to frozen accounts, skyrocketing fees, and their placement on the MATCH list, which nearly destroyed their company.
Without the right payment and banking strategy, even success can spiral into financial chaos. Read my article for more: https://www.linkedin.com/pulse/growth-gone-wrong-when-success-threatens-stability-viktoria-soltesz-spmcf Dec 2, 2024
One of our clients—a thriving online retailer—faced this exact nightmare.
Their growth exposed cracks in their payment processes, leading to frozen accounts, skyrocketing fees, and their placement on the MATCH list, which nearly destroyed their company.
Without the right payment and banking strategy, even success can spiral into financial chaos. Read my article for more: https://www.linkedin.com/pulse/growth-gone-wrong-when-success-threatens-stability-viktoria-soltesz-spmcf Dec 2, 2024
Your business might be losing thousands without you even noticing.
Hidden payment and banking fees, outdated agreements, and poorly understood cash flow processes quietly drain resources every day.
Most finance teams aren’t trained to spot these leaks, leaving businesses exposed to unnecessary costs and risks.
Read the article to find out what’s really happening to your money and how to fix it - https://www.linkedin.com/pulse/hidden-costs-ignorance-how-inefficient-payment-banking-soltesz-ph7xf
Nov 26, 2024
Hidden payment and banking fees, outdated agreements, and poorly understood cash flow processes quietly drain resources every day.
Most finance teams aren’t trained to spot these leaks, leaving businesses exposed to unnecessary costs and risks.
Read the article to find out what’s really happening to your money and how to fix it - https://www.linkedin.com/pulse/hidden-costs-ignorance-how-inefficient-payment-banking-soltesz-ph7xf
Nov 26, 2024
Think fintech is the future? Think again.
N26 and Revolut may be flaunting profits now, but their paths to success were fraught with regulatory roadblocks, operational risks, and years of financial uncertainty.
What they don’t tell you is how many fintechs falter, leaving customers to bear the consequences—frozen accounts, lost funds, or worse.
Before trusting your money to the next big app, ask yourself: are they stable, or are you their experiment?
Don’t gamble with your financial security—read the full article to understand the hidden risks and how to protect yourself.
https://www.linkedin.com/pulse/fintech-profitability-illusion-what-you-need-know-before-soltesz-lhdmf
Nov 24, 2024
N26 and Revolut may be flaunting profits now, but their paths to success were fraught with regulatory roadblocks, operational risks, and years of financial uncertainty.
What they don’t tell you is how many fintechs falter, leaving customers to bear the consequences—frozen accounts, lost funds, or worse.
Before trusting your money to the next big app, ask yourself: are they stable, or are you their experiment?
Don’t gamble with your financial security—read the full article to understand the hidden risks and how to protect yourself.
https://www.linkedin.com/pulse/fintech-profitability-illusion-what-you-need-know-before-soltesz-lhdmf
Nov 24, 2024
Upvoted by Zahra
How secure is your API?
And what is the cost if it’s not?
Trust and data protection are non-negotiable.
Staying a step ahead to ensure systems are safe and secure is vital. Understanding the small details around the technology and the potential risks can make or break any operation.
API security goes beyond just a technical concern; it’s directly tied to trust, customer experience, and, ultimately, the overall profitability of the business. APIs handle sensitive data, powering everything from payment systems to user account access. If an API isn’t secure, that data—and by extension, your entire business—is at risk.
Read more in my article: https://www.linkedin.com/pulse/tracking-every-step-why-api-session-data-essential-security-soltesz-wfzxf Nov 22, 2024
And what is the cost if it’s not?
Trust and data protection are non-negotiable.
Staying a step ahead to ensure systems are safe and secure is vital. Understanding the small details around the technology and the potential risks can make or break any operation.
API security goes beyond just a technical concern; it’s directly tied to trust, customer experience, and, ultimately, the overall profitability of the business. APIs handle sensitive data, powering everything from payment systems to user account access. If an API isn’t secure, that data—and by extension, your entire business—is at risk.
Read more in my article: https://www.linkedin.com/pulse/tracking-every-step-why-api-session-data-essential-security-soltesz-wfzxf Nov 22, 2024
Did you know that every payment you process could be putting your entire business at risk?
Hackers don’t need access to your card details anymore—they just need one weak spot. That’s where tokenization comes in. It replaces sensitive payment information with a random code, making it completely useless if intercepted. But implementing tokenization in the wrong way can be just as dangerous as not having it at all.
This isn’t something you can afford to get wrong. Read my article for more information on why tokenization is critical and how to protect your business before it’s too late.
Read my article below: https://www.linkedin.com/pulse/tokenization-silent-guardian-payment-security-viktoria-soltesz-dontf Nov 20, 2024
Hackers don’t need access to your card details anymore—they just need one weak spot. That’s where tokenization comes in. It replaces sensitive payment information with a random code, making it completely useless if intercepted. But implementing tokenization in the wrong way can be just as dangerous as not having it at all.
This isn’t something you can afford to get wrong. Read my article for more information on why tokenization is critical and how to protect your business before it’s too late.
Read my article below: https://www.linkedin.com/pulse/tokenization-silent-guardian-payment-security-viktoria-soltesz-dontf Nov 20, 2024
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