Business Quote by Dan Schulman
“Payments is a hard business. It's a messy business, with not necessarily the largest of margins.”
About This Quote
Source Interview: Business podcast, 2022
He describes payments as complex, messy, and low‑margin, highlighting operational challenges.
In simple terms: Payments are difficult and not very profitable.
Expect operational hurdles and thin margins.
Themes
Mood
Type
When to use this quote
- startup financing
- e‑commerce
- banking
- regulatory compliance
Key Concepts
Questions to Reflect On
- What strategies can increase profitability?
- How to balance complexity with customer experience?
Margins can improve with scale and innovation.