FinTech Magazine - August 2021 | Page 88

PAYMENT SOLUTIONS
zone might , at the beginning of 2020 , have been an emergency measure . But now , that mindset has changed the way companies are operating and growing .
“ Virtual partners in different places around the world help scalability , not only in the early stages but as an organisation matures ,” points out Donald , using Image N Pay ’ s experience with contracted outsourcing as an example .
“ We use a legal company as a virtual partner . As one of the top Q . C . s in the country , he will always be part of our business model . We use different organisations such as EPAM , which are global and a $ 24bn company , although all their employees are working virtually , and I have never met them in the two years that I ' ve been working with them .”
Incumbents and virtual partnerships As technology and digital transformation changes the way all businesses operate , larger companies have more to gain than ever before from outsourcing tasks to specialist companies .
This is particularly true for those that rely on legacy systems that are rapidly being
88 August 2021