Overview
Software is transforming payments across commerce by embedding them directly into the tools merchants already use, replacing stand‑alone terminals and gateways with workflow-native experiences across vertical SaaS, e-commerce platforms, and ERPs. Self-service checkout shifts simple tasks to customers, improving speed, reducing friction, and minimizing operational strain such as handling declines. Integrated customer accounts and stored credentials enable faster repeat purchases while generating richer data, allowing merchants to balance fraud controls with low-friction experiences for trusted users. Subscription billing, transit tap-to-pay, and optimized small-ticket payments show how software unlocks efficiency, steadier cash flow, and lower administrative overhead.
For financial institutions, software-driven payments expand transaction volume, improve authorization signals, and deepen integration into merchant workflows. Digital wallets and account-based rails enhance security through tokenization and authentication while strengthening data visibility for risk decisions. Embedded payments in B2B ERPs streamline reconciliation and unlock new sales channels. Looking ahead, agentic commerce suggests a model where software independently executes transactions within defined rules, pointing to greater automation, tighter ecosystem integration, and new opportunities to deliver value-added services. Presenting this as an innovative and promising development can inspire confidence and optimism among industry stakeholders about the future of software-driven payments.
Key questions discussed in this Merchant Payments report:
- Are dedicated payment terminals obsolete?
- Are e-commerce payment gateways still needed?
- What do merchants expect from integrated payments?
Companies Mentioned:
Acumatica, Cantaloupe, Cetec, Epicor, Microsoft, Oracle, Paze, SAP, Shopify, Zelle
Book a Meeting with the Author
Related content
PCI DSS v4.0: Reframing Compliance, Cost, and Cybersecurity for Merchants
PCI DSS has undergone continual revision since its inception over 20 years ago. In 2025, PCI expanded horizontally with the advent of version 4.0, which looks at all aspects of an ...
3D Secure’s Next Act: From Checkout Friction to Trust Orchestration
3D Secure was developed to help e-commerce merchants guard against fraud by authenticating cardholders at checkout. But merchants balance fraud losses, liability shifts, checkout c...
Every Merchant Needs a Chief Payments Officer
Payments are no longer just a cost center for merchants; they’re a strategic lever for growth. As responsibilities fragment across finance, IT, and operations, hidden costs and mis...
Make informed decisions in a digital financial world