Methodological procedure for implementation of FinTech solutions in commerce SMEs

Abstract

The objective of this paper is to propose a methodological procedure for implementation of a digitized payment channel related to SMEs. Developing companies that wish to adopt this alternative to distinguish themselves in an increasingly competitive market. The conceptual framework is based on the compilation, review, and analysis of references in Spanish and English of books, indexed articles, and studies by national and international organizations on the subject. Likewise, the methodology used is based on direct observation and interviews with Payment processing & Fintech Solutions providers (FTS). Finally, the results highlights the comparative analysis between the suppliers involved; and the following phases are proposed: Compliance with legal requirements, Selection, Registration, Validation, Integration, Training and testing, Diffusion, Monitoring and Evaluation.

Keywords

• tecnología de la información
• recursos financieros
• finanzas y comercio
• empresa