Navigating the Payments Industry with the Best Primers

For those new to the payments industry, there's no single comprehensive guide that will provide all the information needed. Instead, a multifaceted approach is key. This includes keeping up with industry news, following companies of interest on social media, and subscribing to blogs and RSS feeds for the latest developments.

Industry News and Insights

Start by reading industry-related news. This will set the foundation and help orient you within the broader context of the payments industry. While it might not immediately make sense, over time, it will start to coalesce into a clearer understanding.

Following Key Players

Identify the companies you're interested in learning about and follow their official channels such as Twitter, Instagram, and blogs. Pay particular attention to their blog posts, videos, white-papers, and webinars. For instance, PayuMoney’s blog is highly valuable, as it offers detailed insights into each stage of an entrepreneur's journey and showcases their commitment to the growth of online businesses.

PayuMoney’s blog is not only informative but also supportive. They present detailed and well-researched articles, making them a beacon of reliable information in the payments industry. I highly recommend following their blog for any individual or startup seeking guidance in the area of online payments.

Setting Up RSS Feeds

To stay updated on specific industry terminologies and developments, it's useful to set up an RSS feed with relevant keywords. Remember, there's no need to overwhelm yourself. Gradually incorporate more information as you become more familiar with the industry.

Best Blogs in the Payments Industry

The payments industry is vast, with a range of perspectives including US perspectives, the developed world, and emerging markets. Here are some of the best blogs to follow for comprehensive insights:

PYMNTS Finextra Bloomberg Tech TechCrunch The Economist Finance and Economics

These blogs provide a range of perspectives, from specifically focused payments coverage to broader tech and finance insights that intersect with the payments landscape.

Overcoming Initial Challenges

It's important to note that not everything will make sense on the first day. It can take a few months, likely between 3-6, for the pieces to fall into place and the industry to feel intuitive. So, be patient and persistent.

By combining these strategies—reading industry news, following key players, and subscribing to RSS feeds—you'll be well-equipped to navigate and master the payments industry. My personal preference is PayuMoney, which offers invaluable insights and guidance along your entrepreneurial journey.