Post on 27-Aug-2014
description
Social Networking Affecting Retailer Payments
Mark Bjornsgaard – System two
DateOctober 2012
ClientWorldpay
ProjectSocial networking and retailer payments
© System2 2012
System two - Innovation everywhereWe act as trusted advisors to senior executives in large organisations helping them transform their businesses using a lean, agile approach
DateOctober 2012
ClientWorldpay
ProjectSocial networking and retailer payments
© System2 2012
The next 15 minutes…
Tour of social paymentsSome observationsSome learnings
DateOctober 2012
ClientWorldpay
ProjectSocial networking and retailer payments
© System2 2012
Socia
l sho
pping
eChe
ques
Virtua
l
curre
ncies
Digita
l wall
ets
Flexib
le pa
ymen
t
Paid
advo
cacy
Co-o
pera
tive
Merch
ant
Term
inals
FX
trans
fer
Crow
d-so
urce
inves
tmen
t“d
igita
l”
loyalt
y
P2plen
ding
Mobile
Paym
ent
Barte
r
sites Gro
up
buyin
gCu
stom
er
Define
d pric
ing
Payment systems using social More less
Some observations…
DateOctober 2012
ClientWorldpay
ProjectSocial networking and retailer payments
© System2 2012
More flexible about value
DateOctober 2012
ClientWorldpay
ProjectSocial networking and retailer payments
© System2 2012
Socia
l sho
pping
eChe
ques
Virtua
l
curre
ncies
Digita
l wall
ets
Flexib
le pa
ymen
t
Paid
advo
cacy
Co-o
pera
tive
Merch
ant
Term
inals
FX
trans
fer
Crow
d-so
urce
inves
tmen
t“d
igita
l”
loyalt
y
P2plen
ding
Mobile
Paym
ent
Barte
r
sites Gro
up
buyin
gCu
stom
er
Define
d pric
ing
Payment systems using social More less
DateOctober 2012
ClientWorldpay
ProjectSocial networking and retailer payments
© System2 2012
Rethink loyalty
DateOctober 2012
ClientWorldpay
ProjectSocial networking and retailer payments
© System2 2012
Pressure on margins & volumes
DateOctober 2012
ClientWorldpay
ProjectSocial networking and retailer payments
© System2 2012
Socia
l sho
pping
eChe
ques
Virtua
l
curre
ncies
Digita
l wall
ets
Flexib
le pa
ymen
t
Paid
advo
cacy
Co-o
pera
tive
Merch
ant
Term
inals
FX
trans
fer
Crow
d-so
urce
inves
tmen
t“d
igita
l”
loyalt
y
P2plen
ding
Mobile
Paym
ent
Barte
r
sites Gro
up
buyin
gCu
stom
er
Define
d pric
ing
Payment systems using social More less
DateOctober 2012
ClientWorldpay
ProjectSocial networking and retailer payments
© System2 2012
More competitive solution landscape
DateOctober 2012
ClientWorldpay
ProjectSocial networking and retailer payments
© System2 2012
Social = local
mobile
local
social
DateOctober 2012
ClientWorldpay
ProjectSocial networking and retailer payments
© System2 2012
Socia
l sho
pping
eChe
ques
Virtua
l
curre
ncies
Digita
l wall
ets
Flexib
le pa
ymen
t
Paid
advo
cacy
Co-o
pera
tive
Merch
ant
Term
inals
FX
trans
fer
Crow
d-so
urce
inves
tmen
t“d
igita
l”
loyalt
y
P2plen
ding
Mobile
Paym
ent
Barte
r
sites Gro
up
buyin
gCu
stom
er
Define
d pric
ing
Payment systems using social More less
DateOctober 2012
ClientWorldpay
ProjectSocial networking and retailer payments
© System2 2012
Some learnings
1. Improve measurement of value across the business
DateOctober 2012
ClientWorldpay
ProjectSocial networking and retailer payments
© System2 2012
Socia
l sho
pping
eChe
ques
Virtua
l
curre
ncies
Digita
l wall
ets
Flexib
le pa
ymen
t
Paid
advo
cacy
Co-o
pera
tive
Merch
ant
Term
inals
FX
trans
fer
Crow
d-so
urce
inves
tmen
t“d
igita
l”
loyalt
y
P2plen
ding
Mobile
Paym
ent
Barte
r
sites Gro
up
buyin
gCu
stom
er
Define
d pric
ing
Payment systems using social More less
DateOctober 2012
ClientWorldpay
ProjectSocial networking and retailer payments
© System2 2012
Some learnings
1. Improve measurement of value across the business
2. Make practical social mechanics BAU
DateOctober 2012
ClientWorldpay
ProjectSocial networking and retailer payments
© System2 2012
Socia
l sho
pping
eChe
ques
Virtua
l
curre
ncies
Digita
l wall
ets
Flexib
le pa
ymen
t
Paid
advo
cacy
Co-o
pera
tive
Merch
ant
Term
inals
FX
trans
fer
Crow
d-so
urce
inves
tmen
t“d
igita
l”
loyalt
y
P2plen
ding
Mobile
Paym
ent
Barte
r
sites Gro
up
buyin
gCu
stom
er
Define
d pric
ing
Payment systems using social More less
DateOctober 2012
ClientWorldpay
ProjectSocial networking and retailer payments
© System2 2012
Some learnings
1. Improve measurement of value across the business
2. Make practical social mechanics BAU
3. Embed rapid, agile innovation
DateOctober 2012
ClientWorldpay
ProjectSocial networking and retailer payments
© System2 2012
Socia
l sho
pping
eChe
ques
Virtua
l
curre
ncies
Digita
l wall
ets
Flexib
le pa
ymen
t
Paid
advo
cacy
Co-o
pera
tive
Merch
ant
Term
inals
FX
trans
fer
Crow
d-so
urce
inves
tmen
t“d
igita
l”
loyalt
y
P2plen
ding
Mobile
Paym
ent
Barte
r
sites Gro
up
buyin
gCu
stom
er
Define
d pric
ing
Payment systems using social More less
DateOctober 2012
ClientWorldpay
ProjectSocial networking and retailer payments
© System2 2012
Some learnings
1. Improve measurement of value across the business
2. Make practical social mechanics BAU
3. Rapid, agile innovation as well
4. JV with the cutting edge
DateOctober 2012
ClientWorldpay
ProjectSocial networking and retailer payments
© System2 2012
Socia
l sho
pping
eChe
ques
Virtua
l
curre
ncies
Digita
l wall
ets
Flexib
le pa
ymen
t
Paid
advo
cacy
Co-o
pera
tive
Merch
ant
Term
inals
FX
trans
fer
Crow
d-so
urce
inves
tmen
t“d
igita
l”
loyalt
y
P2plen
ding
Mobile
Paym
ent
Barte
r
sites Gro
up
buyin
gCu
stom
er
Define
d pric
ing
Payment systems using social More less
DateOctober 2012
ClientWorldpay
ProjectSocial networking and retailer payments
© System2 2012
Some learnings
1. Improve measurement of value across the business
2. Make practical social mechanics BAU
3. Rapid, agile innovation as well
4. JV with the cutting edge5. Tool up for big data &
business intelligence
DateOctober 2012
ClientWorldpay
ProjectSocial networking and retailer payments
© System2 2012
Socia
l sho
pping
eChe
ques
Virtua
l
curre
ncies
Digita
l wall
ets
Flexib
le pa
ymen
t
Paid
advo
cacy
Co-o
pera
tive
Merch
ant
Term
inals
FX
trans
fer
Crow
d-so
urce
inves
tmen
t“d
igita
l”
loyalt
y
P2plen
ding
Mobile
Paym
ent
Barte
r
sites Gro
up
buyin
gCu
stom
er
Define
d pric
ing
Payment systems using social More less
DateOctober 2012
ClientWorldpay
ProjectSocial networking and retailer payments
© System2 2012
Observations LearningsMore flexible about valueRethink loyaltyPressure on margins & volumesMore competitive solution landscapeSocial = local
1. Improve measurement of value across the business
2. Make practical social mechanics BAU
3. Rapid, agile innovation4. JV with the cutting edge5. Tool up for big data &
business intelligence
Wrap up
DateOctober 2012
ClientWorldpay
ProjectSocial networking and retailer payments
© System2 2012
Thank you