Keynote

Building Payment Systems at Scale

FinTech Summit 2024 · San Francisco, CA
45 min
Intermediate

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About This Talk

Architecting payment systems for millions of daily transactions. Covers distributed systems, failure handling, and regulatory compliance from SabPaisa experience.

Key Takeaways

  • Idempotency is non-negotiable in payment systems
  • Design for failure at every layer
  • Regulatory compliance varies dramatically by geography
  • Real-time reconciliation prevents fraud and errors
  • User trust is built through transparency and reliability

Resources

Topics

  • #payments
  • #fintech
  • #distributed-systems
  • #architecture

Transcript

Full Transcript

[00:00] Thank you for that introduction. It’s wonderful to be here at FinTech Summit 2024.

[00:15] Today I want to share some hard-won lessons from building payment infrastructure that processes millions of transactions daily.

[02:30] Let’s start with the fundamental truth of payment systems: idempotency isn’t optional, it’s existential.

[05:45] When we first launched at SabPaisa, we underestimated how often network failures would cause duplicate requests…

[15:20] The second principle I want to discuss is designing for failure. Not if systems fail, but when.

[28:00] Regulatory compliance is where things get interesting. What works in India doesn’t work in the US, and vice versa.

[40:00] Let me leave you with this: the best payment system is one your users never think about. It just works.

[44:30] Thank you. I’m happy to take questions.