Building a company, it’s incredible how much your original idea evolves from when you first began. We at Payabli have built a lot of product in the last 3 years, however pretty early on in our journey, when Will first proclaimed, “We’re building the AWS of Payments”, I kind of laughed it off initially. The release of the Creator makes that statement more true than ever.
At Payabli we’ve ventured the audacious challenge of creating a truly API-fist payment infrastructure to unify the 3ps: Pay In, Pay Out*, and Pay Ops. Each one of those vectors contains multiple multi-billion dollar companies and possess immense complexity and difficulty. I guess we really took Sam Altman to heart when he said “it’s often easier to succeed with a hard startup than an easy one.”
While our core offering is truly API-First and we will always tout this as our strong suit, we’ve also always strived to meet our Partners where they are. The cats out of the bag that Software Companies are Payments Companies and Founders have never been more keen to obtain that revenue unlock. The Creator is intended to be a supplement to our existing APIs to help Software companies accelerate their time to go-live and payment monetization when they’re resource constrained or have other urgent priorities on their roadmap. The Creator allows users to fully customize and make seamless to their UX the core payment experiences needed to launch embedded payments without writing a line of code. Everything from the text font on the Checkout component button and background print on a v-Card to the header field names on your transaction report and boarding link progress bar color is fully customizable. While the product is now in open beta, we are heavily investing in the Creator and many more features will be componentized in the future.
We’re extremely excited about this launch not only because we believe it will significantly help our partners, we think they’ll have a lot of fun building with it. The Creator is just another tool in our Developer friends kits to embed and monetize Payments. Whether you’re looking for omni-channel payment acceptance solutions, ways to monetize Payables, or a wide array of Payment Operations solutions from Boarding and Billing to Underwriting, Risk Management and beyond, Payabli’s got you covered.
Stay tuned for more announcements soon. We can’t wait to share with you what we’re releasing in Q4.
https://youtu.be/-LJQtI0DtEU?si=-vdy-eu5fHxmoM36
* Payout: While some of our competitors refer to Payouts as funding or settlement to a merchant account, our definition is helping software companies monetize any number of payment issuance use-cases to a given recipient.