Its Lolly Ltd
Head of Payments
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Head of Payments
As Head of Payments at Lolly, you will take the lead in shaping and executing our payment product strategy. You’ll drive the development of our acquiring, transaction processing, and payment infrastructure, ensuring we provide seamless, cost-efficient, and compliant payment solutions across multiple markets. Working closely with cross-functional teams, including Engineering and Operations, you’ll ensure our payment capabilities scale and meet the needs of our merchants.
What does our Head of Payments role look like:
Payment Strategy Ownership
- Lead and execute the payment product strategy, aligning with Lolly’s broader business objectives and market expansion plans to ensure sustainable growth.
Team Leadership
- Manage a team of Product Managers, setting clear priorities, defining roadmaps, and driving execution to scale payment capabilities across markets.
Payment Process Optimization
- Develop and optimize payment processing, acquiring, and settlement flows to improve efficiency, reduce costs, and elevate the merchant experience.
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Partnership Management
- Oversee key relationships with card networks (Visa, Mastercard), payment processors, and banking partners to ensure seamless operations and cost-effective solutions.
Compliance and Risk Management
- Collaborate with Risk and Compliance teams to ensure adherence to industry regulations (e.g., PSD2, PCI-DSS) while balancing operational efficiency and merchant satisfaction.
Cost Optimization
- Lead initiatives to reduce operational costs, optimize fee structures, and streamline reconciliation processes, driving profitability without compromising service quality.
Payment Method Expansion
- Work on expanding and enhancing payment methods (A2A, Open Banking, digital wallets) to increase adoption and drive transaction volume growth.
Your Background:
- 6+ years of experience in the payments, acquiring, or transaction processing fields, with a strong understanding of the payments ecosystem.
- Proven experience in leading product teams within the payments space, driving product roadmaps, and executing complex projects.
- In-depth knowledge of card acquiring, payment processing, settlement, and reconciliation, with the ability to balance merchant needs and business objectives.
- Experience navigating and ensuring compliance with relevant regulations (e.g., FCA, PSD2, PCI-DSS) in a payments environment.
- Strong negotiation skills with experience managing relationships with card schemes, acquirers, payment processors, and financial partners.
- A data-driven mindset with expertise in cost optimization, payment economics, and maximizing the profitability of payment systems.
- A hands-on leader who thrives in a fast-paced, high-growth environment, with excellent communication skills to align stakeholders and drive successful execution.
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About Lolly
Its Lolly Ltd is a UK-based software and technology company that provides integrated electronic point of sale (EPoS) and payment systems for the hospitality and catering industries.
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