At a Glance
- Tasks: Engage with potential partners and drive revenue through strategic relationships.
- Company: FasterPay is a dynamic, FCA-regulated digital e-wallet platform focused on global payment solutions.
- Benefits: Enjoy competitive pay, career growth, and a vibrant international team environment.
- Why this job: Join us to make an impact in fintech while collaborating with innovative minds.
- Qualifications: Bachelor’s degree and 3 years of business development experience in fintech or online payments required.
- Other info: Office-based role in London; must be authorized to work in the UK.
The predicted salary is between 36000 - 60000 £ per year.
Careers Payment Systems Business Development
FasterPay is a digital e-wallet platform which is FCA-regulated and non-VC funded. Transparent, friendly, and flexible, FasterPay provides businesses from all backgrounds the opportunity to expand their revenue on a global scale.
Who Are We Looking For
We’re seeking a strategic and solutions-oriented Business Development professional with a deep understanding of online payment systems. You should be capable of identifying merchant needs, navigating the complexities of global payments, and delivering tailored solutions that drive value for both the client and the business. You’re competitive yet collaborative — someone who thrives in a team environment and is motivated by solving problems, building relationships, and closing meaningful deals in the fintech space.
At FasterPay, we don’t do hard selling. Instead, we approach potential merchants with a mindset of helping them. We aim for WIN-WIN-WIN-WIN deals where they win, their users win, our employees win, and the company also benefits from this collaborative approach.
Honesty and Trustare core to who we are. We expect transparent and truthful communication from all our team members.
Learning and Curiosity are essential for growth here. You bring fresh ideas, creativity, and a desire to develop daily, absorbing knowledge from those around you.
Multilingual and Multilingual? Even better. You embrace international collaboration and thrive in global environments. Bonus points if you have cross-border experience or fluency in multiple languages.
You need to be detail-oriented and capable of conducting valuable research to find ways to improve the payment experience for potential merchants. You should be able to translate the information gathered from your research into an effective pitch.
Position Overview
As a Sales Development Representative, you’ll work closely with our Business Development Managers to identify and pursue new business opportunities. This role is ideal for someone aiming to grow into a broader role in business development, sales, or product management within the company.
What You Will Do
- Develop working relationships that turn into revenue, both for the payment partners and FasterPay.
- Present the company to potential partners through direct communication, face-to-face meetings, networking events, and e-mails;
- Generate new FasterPay revenue and cost savings through negotiating with payment partners.
- Represent FasterPay at industry events and trade shows to gain new business leads and contacts;
- Build and manage relationships and processes with payment partners, mobile carriers, and acquiring banks, negotiate payment processing fees, payout terms, integration, contract terms, and more.
- Create and be accountable for all partners\’ proposals, contracts, and any further documentation with the assistance of the business development team;
Skills & Competencies Required
- Strong understanding of payment systems, fintech products, and various business models
- Proven ability to manage the entire sales cycle, from prospecting to closing
- Ability to engage in confident discussions on technical concepts like APIs and payment integrations
- Excellent negotiation, presentation, and relationship-building skills
- Strong collaboration skills when working with cross-functional, multicultural teams
- Highly organized with attention to detail in pipeline management and reporting
- Comfortable operating in fast-paced, high-growth environments and adapting to change
Who Should Apply
- Bachelor’s degree in Business Administration, Finance, Economics, Marketing, or a related field
- Atleast 3 years of business development experience, ideally within the online payments, fintech, or SaaS industries
- Proactive, goal-oriented self-starters with a commercial mindset
- Genuine interest in the payments industry and the fast-moving tech ecosystem
- Strong English communication skills, both written and verbal
- Globally minded individuals with international exposure or cross-cultural experience
- No restrictions on business travel
Why Join Us?
If you are eager to take your career to the next level in the payment industry, this is the opportunity for you. We offer:
- Competitive compensation depending on experience and skills
- Career advancement opportunities across a global network
- A dynamic, international team environment
- Exposure to the fintech and gaming industries
- Office-based role in London office (Great Eastern Street, London) — surrounded by like-minded innovators
This role is perfect for someone eager to take on new challenges, make a meaningful impact, and thrive in a fast-paced, scale-up environment.
As part of our growing team in London, you’ll have plenty of opportunities to accelerate your career and grow with us. With exciting expansion plans underway, now is the perfect time to join us on our mission to reshape global payments.
Please note: You must be authorized to work in the UK, as we do not offer visa sponsorship or relocation support.
We provide equal opportunity to individuals of all nationalities and backgrounds. At FasterPay, everyone is welcomed, valued, and empowered to grow and become a leader.
**Only shortlisted candidates will be contacted.**
apply now
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Payment Systems Business Development employer: Fasterpay Ltd
Contact Detail:
Fasterpay Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Payment Systems Business Development
✨Tip Number 1
Familiarise yourself with the latest trends in online payment systems and fintech. This knowledge will not only help you understand the industry better but also allow you to engage in meaningful conversations during interviews.
✨Tip Number 2
Network with professionals in the fintech space, especially those who have experience in business development. Attend industry events or webinars to build connections that could lead to referrals or insights about the role.
✨Tip Number 3
Prepare to discuss your previous experiences in managing sales cycles and negotiating deals. Be ready to share specific examples that highlight your problem-solving skills and ability to build relationships.
✨Tip Number 4
Showcase your multilingual abilities if applicable. Being able to communicate in multiple languages can be a significant advantage in a global company like FasterPay, so make sure to mention this during your discussions.
We think you need these skills to ace Payment Systems Business Development
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in business development, particularly within the fintech or online payments sectors. Emphasise your understanding of payment systems and any specific achievements that demonstrate your ability to drive revenue.
Craft a Compelling Cover Letter: In your cover letter, express your genuine interest in the payments industry and how your skills align with FasterPay's values. Mention your collaborative approach and problem-solving mindset, as these are key traits they are looking for.
Showcase Your Research Skills: Demonstrate your ability to conduct valuable research by including insights about FasterPay and its position in the market. This could involve mentioning recent trends in fintech or specific challenges that businesses face in payment processing.
Highlight Multilingual Abilities: If you speak multiple languages, make sure to highlight this in your application. FasterPay values international collaboration, so showcasing your language skills can set you apart from other candidates.
How to prepare for a job interview at Fasterpay Ltd
✨Understand the Payment Landscape
Before your interview, make sure you have a solid grasp of the current trends and challenges in the payment systems industry. Familiarise yourself with various fintech products and how they operate, as this will help you engage in meaningful discussions during the interview.
✨Showcase Your Problem-Solving Skills
Prepare examples from your past experiences where you've successfully identified merchant needs and delivered tailored solutions. Highlight your ability to navigate complex situations and how your approach led to win-win outcomes for all parties involved.
✨Demonstrate Collaborative Spirit
FasterPay values teamwork and collaboration. Be ready to discuss how you've worked effectively within cross-functional teams in the past. Share specific instances where your collaborative efforts led to successful business development or sales outcomes.
✨Prepare for Technical Discussions
Since the role involves engaging in discussions about technical concepts like APIs and payment integrations, brush up on these topics. Be prepared to explain how you would communicate complex information to potential partners in a clear and concise manner.