Why Billing Engineers in Fintechs should be paid more

Fintech companies face unique billing challenges due to the complex nature of their fee structures, which often include numerous small fees, instant charges, and unconventional pricing models like capping and flooring transactions. The intricacy is further heightened by the need to manage multi-product strategies, real-time currency conversions, and tax complexities that vary by location and product type. Unlike traditional businesses, Fintechs must process real-time transactions, which complicates revenue recognition and margin calculations, especially when interchange fees are involved. They often avoid using external Payment Service Providers, opting instead to integrate internal ledgers directly with billing engines, a process that adds significant complexity. Despite the critical and sophisticated nature of their work, billing engineers in the Fintech industry are often underappreciated, with their contributions seen as a mere commodity rather than a crucial aspect of the business.