Payment Systems Business Development

Payment Systems Business Development

Full-Time 36000 - 60000 £ / year (est.) No working from home possible
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At a Glance

  • Tasks: Build relationships and drive revenue in the fintech payment space.
  • Company: Join a dynamic, FCA-regulated digital e-wallet platform.
  • Benefits: Competitive pay, career growth, and a vibrant international team.
  • Other info: Office-based role in London with exciting expansion plans.
  • Why this job: Make a real impact in reshaping global payments with innovative solutions.
  • Qualifications: Experience in business development and a passion for fintech.

The predicted salary is between 36000 - 60000 £ per year.

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.

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 Trust are 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? 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.

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.
  • At least 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.

Payment Systems Business Development employer: Fasterpay Ltd

FasterPay is an exceptional employer that fosters a dynamic and inclusive work culture, where transparency and collaboration are at the heart of our operations. Located in the vibrant city of London, we offer competitive compensation, career advancement opportunities, and a chance to work alongside innovative professionals in the fintech space. Join us to make a meaningful impact in a fast-paced environment while enjoying the benefits of being part of a globally minded team dedicated to reshaping the future of payments.

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Contact Details:

Fasterpay Ltd Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Payment Systems Business Development

Tip Number 1

Network like a pro! Attend industry events and trade shows where you can meet potential partners face-to-face. Building those relationships in person can really set you apart from the competition.

Tip Number 2

Do your homework! Research potential merchants and their needs before reaching out. This way, you can tailor your pitch to show how FasterPay can genuinely help them grow their business.

Tip Number 3

Practice your pitch! Make sure you can confidently discuss technical concepts like APIs and payment integrations. The more comfortable you are with the details, the better you'll connect with potential partners.

Tip Number 4

Apply through our website! We love seeing candidates who are genuinely interested in joining our team. Show us your enthusiasm for the payments industry and how you can contribute to our mission.

We think you need these skills to ace Payment Systems Business Development

Business Development
Understanding of Payment Systems
Fintech Products Knowledge
Sales Cycle Management
Negotiation Skills
Presentation Skills
Relationship-Building Skills

Some tips for your application 🫡

Show Your Passion for Payments:When writing your application, let your enthusiasm for the payments industry shine through. We want to see that you genuinely care about fintech and are excited about the opportunity to make a difference in this space.

Tailor Your Application:Make sure to customise your CV and cover letter to highlight your relevant experience in business development and payment systems. We love seeing how your skills align with what we’re looking for, so don’t hold back!

Be Honest and Transparent:At FasterPay, honesty is key. Be truthful about your experiences and skills in your application. We appreciate straightforward communication and want to get to know the real you!

Apply Through Our Website:We encourage you to submit your application directly through our website. It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it shows you’re keen to join our team!

How to prepare for a job interview at Fasterpay Ltd

Know Your Payment Systems

Make sure you brush up on your knowledge of online payment systems and fintech products. Understand the nuances of APIs and payment integrations, as you'll need to engage in confident discussions about these topics during the interview.

Showcase Your Relationship-Building Skills

Prepare examples of how you've successfully built and managed relationships in previous roles. Highlight your negotiation skills and how you've created win-win scenarios for all parties involved, as this aligns perfectly with FasterPay's collaborative approach.

Research FasterPay Thoroughly

Dive deep into FasterPay’s mission, values, and recent developments in the fintech space. Being able to discuss how your values align with theirs and how you can contribute to their goals will set you apart from other candidates.

Demonstrate Your Curiosity

FasterPay values learning and curiosity, so come prepared with questions that show your eagerness to learn and grow. Ask about their expansion plans or how they stay ahead in the fast-moving tech ecosystem to demonstrate your genuine interest in the industry.