Banks and Processors are working closely with PayX as an independent Knowledge Services company to determine the most appropriate solution to meet their specific needs and to help build their strategic payments roadmap.

Through the PayX Vendor Partner Programme, PayX work closely with the leading Payments Vendors who often welcome the opportunity to have their company, products, services and customers experience independently assessed by a specialist research company. The result positions PayX to provide an accurate and current representation of the Vendor when working with Banks and Processors globally and the Vendor organisation benefits from the wider exposure of their capabilities.

The Vendor Partner Programme aims to address the challenges that success can bring including:

• Stretching your delivery organisations ability to meet increased demand
• Staff lack knowledge of the incumbent platform that the Customer is migrating from
• Knowledge of new markets and customers

The Vendor Partner Programme benefits include:

• Vendors gain a wider understanding of the criteria Banks and Processors are looking for when selecting their future payments provider
• Regular communication and knowledge sharing to ensure that we can accurately represent your solution
• The 2011 Acquiring and Switching Vendor Comparison Report – working with you to ensure we share the latest technical and market information regarding your company solution and customers
• Create opportunity where PayX identify an appropriate match between the Bank or Processor needs and the Vendor competencies
• Manage fluctuations in resource supply and demand by utilising PayX Subject Matter Experts who consistently demonstrate proven:

• Payments domain knowledge

• Payments solution knowledge of the leading Vendor solutions to augment your own team or provide specific expertise around incumbents

• Reduce overall project risks by effectively managing the key Quality/Cost/Time Pressures
• Benefit from the security of working with a trusted, stable and experienced partner
• Maintain focus on the Client (no need for costly recruitment processes when additional resourcing required)
• Enhance Vendor customer and market reputation by the quality of the overall deliverable