future of payment and startup v2
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Future of Payment & StartupsChoon Yan, Startup Advocate - Asia Pacific Twitter: @battlechoon
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Web, Mobile and Offline Monetization paradigms…
Subscriptions (Freemium, Premium, …)
Revenues sharing
(e)-commerce (physical and digital goods)
APIs charge per usage
Mobile Paid Apps
ADV based models
Affiliate network
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Retail Commerce 2.0
Accelerating The Innovation
Contextual Mobile Commerce
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In total there were around $15 trillion in retail transactions in 2013, so the growth potential is enormous.Source: Gartner
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Hardware-Centric Solution
Retail Commerce 2.0
Software-based Solution with mobile consumer hardware
Address the Micro-Merchant
On-the-go Payments
Consumer Hardware
Data-centric
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Source: Gartner, IDC, Enders Analysis
Mobile Growth Is Exploding
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Global Mobile Traffic is forecasted to be ten times more from 2013 to 2018, reaching 15.9 exabytes source: statista.com
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Contextual Mobile Commerce
Possible Mobile ContextStated Preference Past Behaviour Location Time and Date Motion Social Identity
….in the Near FutureTemperature Altitude Heartbeat
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Startups are building
Context-Driven
experiences
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Simplicity with Design
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Time-saving and Convenience
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Curated Content
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Uber Review - Connect Upon Entry
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Empower the users by offering:
Branding Information Search Incentives Call to Action
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Uber Review - Personalised Experience
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Seamless experience through:
Stated Preferences Past Behaviour GPS Location
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Uber Review - Simplified Design
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Simplicity is bliss:
Minimum Input Stated Preferences Transparent Payment
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Measuring Success - Data Analytics
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Understanding through: Segmentation, Funnels, Retention, People, Revenue
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Entrepreneurship Journey Is Lonely and Tough
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Takes no equity
Gives free professional space
Provides mentorship
Access to business connections, angel investors and VCs
Innovation SpacesNew York City, Boston, London and Chennai
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Waive Fees up to 18 months for USD $50K in PayPal fees & first USD $100K in Braintree Total Payment Volume
Attend Workshops, Consultation Hours and One-on-One time for Technical and Business Topics
Mentor
Fees
Enjoy White-Glove, dedicated customer service to answer your question and help you scale
Support
What’s in it for the Startups? http://blueprint.paypal.com
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And many others…
Current Partners
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Thank You