5Payments in Practice
Executive Summary
Armed with a colourful historical, technological and regulatory backdrop from the first four parts of the book, this part provides insights into examples of payments innovations that really work.
A seasoned executive opens with case study-derived insights about the changes taking place across the spectrum of payments, for the benefit of consumers. The way in which mobile self-checkout can help retailers enhance the shopping experience at the point of sale, and quite possibly as a result save the high street, is described by a payment service provider marketer. While Alipay and WeChat Pay have got a lot of attention recently, a new arrival, UnionPay Quick Pass, has been making the headlines recently, and two FinTech academics explain why, and what this means for the whole payments ecosystem in the world’s largest country.
By applying some revolutionary thinking, an investor and sustainability expert describes a fresh approach to preserving our planet using payments and cash-for-carbon. An influential operations and legal specialist then outlines how changes in payments have led to widespread adoption of some great products, and how the best are yet to come. A dose of realism is injected from an entrepreneur with experience of how payments innovation in asset finance came so near to, yet so far from, transforming saving rates in India. ...
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