Flattening the payment world bridging the gap for global commerce
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Transcript of Flattening the payment world bridging the gap for global commerce
FLATTENING THE PAYMENT WORLD:
$ $ $
Bridging the gap for global commerce
Noam Inbar, VP Business Development, Zooz Payments
Is it Really Flat?
$
Thomas L. Friedman
CASH * IS * KING
And It’s Here To Stay
$
85% Cash Economy
74% Prefer Cash
6% Annual cash growth
Sources: Forbes Technosys, InfographicJournal,Thestar Malasya
NEW WORLD - NEEDS - TECHNOLOGY
The Ultimate Payment Method Formula:
Balancing usability with security
$
User Experience
Security
User Experience
One Click Payment
$ 80% Expect their shopping experience to be at least AS GOOD as In-store shopping
Source: Tealeaf Mobile Transactions Survey
Security
Knowing the differnce between security, privacy and fraud
$
S e c u r i n g
the transaction
Risk management rules
Verification
3rd party solutions
Chargebacks
Phishing
Encryption
PCI rules
Au th e n t i c a t ing
the payment source
Credit Cards
$
“It’s fast, you can purchase products from far away”
“Paying with
credit card is
more accessible
and reliable”
Online Payments
“It records your transaction history”
Source: Jana.com/blog
eWallets
The network effect
Top Global eWallets
$
Cash Wallets Changing the chemistry of cash in emerging markets
Qiwi is used by over 60 million consumers once a month
$
Buy Now, Pay Later
$ Credit Card payments in German Ecommerce - only 34%
Bitcoin
$
Robcoin
Zooz Optimizing payments holisticly in a single management platform
Global Reach
Optimized Checkout
Flexible Processing
High-grade Security
Omni Channel
Questions?
? Feel free to reach out
www.zooz.com
@InbarNoam
linkedin.com/in/noaminbar