One of the most difficult things you can do in the technology world is to be able to judge the best technology solution for your business or business. Until recently, one of the reasons that it was so difficult was due to the so-called "big iron" or mainframe technology. Basically, respecting technology solutions is to buy mainframes that are many times more powerful than what is necessary to buy that day. As a result, even if technology needs increase, you do not need to purchase new hardware for a long time.
In terms of infrastructure, the increasingly relevant ACH (Automated Clearing House) - (Link) is committed to eliminating much of the costs associated with card settlement processing. Just as in wholesale banking, centralized clearing house automatically handles large amounts of debit transactions, so many of the processes currently in place with traditional card processing are not required. However, ACH is still local. Many global or continental initiatives are ongoing, and the majority of the current ACH infrastructure is under construction or under construction under multi-bank agreements for domestic operations. This could reduce domestic payment costs and, of course, as a driving force for global alternatives, but in the short term card schemes like Visa and MasterCard are still essential for domestic and international transactions .
It is important to consider short-term and long-term sustainability of the company. When running a social enterprise startup, there is a need to balance between idealism and pragmatism. Idealism tends to make social entrepreneurs better. However, the responsibility of social entrepreneurs is that it is practical in the company's financing and strategy development and company growth, not only affecting the target beneficiaries, but also the company's employee sustainability We can also achieve development. , Founder and shareholder