The Future of Online Credit Payments
Latest trends, consumer preferences and new FCA regulations
Thurday 20th November 2014, 9.00am – 11.00am
Google Campus, 4-5 Bonhill St, London EC2A 4BX
Several banks are setting up their own fintech accelerators to be first to discover the next big thing. Mobile phone operators are trying to become financial institutions. Now Facebook wants to a piece of the action. What does the future hold and how should those accepting payments respond?
Consumers interested in financing their online purchase are seldom offered any other option but to pay for their gods in full up front using their current credit card or apply for a new one. Apart from the obvious lack of choice a brand new credit card for a one off purchase isn’t always the preferred option. According to a survey by Venda and YouGov in April ‘14 a sample of 2,052 UK adults would be more likely to make a purchase if a retailer offered them to pay once the items were delivered or in instalments (32%).
According to a recent report published by Centre for Economics and Business retailers could gain by adding the payment method which their customers prefer: by implementing better payment systems the sectors as a whole could make potential gains of £2.5 billion.
During this breakfast seminar we will meet five industry thought leaders representing the whole eco system. Each will give a 10 min talk about their take on the future followed by a 20 min moderated panel discussion where the audience can ask their questions.
Divido let sellers offer their customers to spread the cost of their purchase, starting at 0% interest for up to 3 years.
Garry Lyons, Chief Innovation Officer, MasterCard
Jonathan Byrne, Head of Retail Assets, HSBC
Andy Young, Head of UK, Stripe
Kevin Dallas, Chief Product Officer, Worldpay
Jonathan Rogers, Partner, Financial Services Regulatory Group, Taylor Wessing
Ticket update: Please note that as a Service Provider you can not book a ticket type as if you were a Technology Company or Investor. If you book the wrong ticket type it will be cancelled.
Fresh croissants and juice will be available during the morning