frictionless payment and startups

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Frictionless Payments Choon Yan CY, Startup Advocate - Asia Pacific Twitter: @battlechoon 1

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Frictionless PaymentsChoon Yan CY, Startup Advocate - Asia Pacific Twitter: @battlechoon

1

Monetization Paradigms…

Subscriptions

Revenues sharing

Sale of (physical and digital goods)

Crowdsourcing

APIs charge per usage/XaaS

Paid Download/In-app purchases

display Ads/ In-app Ads

Affiliate network2

Ecommerce Cycle

3

Discovery

Sale

Post-Sale

Wider Outreach to Customers (Discovery)

4

Contextual Experience (Discovery)

5

Possible Mobile ContextStated Preference Past Behaviour Location Time and Date Motion Social Identity

….in the Near FutureTemperature Altitude Heartbeat…..

Omnichannel Purchase (Sale)

6

Online

Offline

Embrace Social Influence (Sale)

7

Reward Loyalty (Post-Sale)

8

End-To-End Sale Fulfilment (Post-sale)

9

Start End

10

On Black Friday Weekend 2014

62% Desktop Users 79% Smartphone Users abandoned shopping carts globally*Barilliance

CAPTCHA on Checkout/Registration

11

Confirmation Fields

12

Don’t Ask for Registration

13

Don’t Ask for Registration

14

Limited Methods and Asking for Payment Type

15

16

Losing User @ CVV/Security Code

What’s this?

17

Losing User @ CVV/Security Code

18

Losing @ CVV/Security Code

Unformatted Text Input

19

Unformatted Text Input

20

Ambiguous Errors

21

Trust is the fundamental of e-Commerce

22

Verified Service

23

China Smartphone Market Share

Mar

ket S

hare

(%)

0

5

10

15

20

2013 2014Xiaomi Samsung

India Smartphone Market Share

Mar

ket S

hare

(%)

20

20.5

21

21.5

22

Q3 2014 Q4 2014Micromax Samsung

“1.3 Billion Smartphones in 2014 up from 1.019 Billion in 2013, 27.6% Growth”- IDC

Smartphones

Demo

24

https://github.com/benawitan/MixPanel_iOS_Ruby_DropIn_Braintree

https://demo.paypal.com

How it works?

25

How it works?

25

Can It Future Proof My Startup?

26

Can It Future Proof My Startup?

26

Can It Future Proof My Startup?

26

Minimise/Automate Input

Card.io

27

VaultInput

Uber Review - Connect Upon Entry

28

Empower the users by offering:

Branding Information Search Incentives Call to Action

Uber Review - Personalised Experience

29

Seamless experience through:

Stated Preferences Past Behaviour GPS Location

Uber Review - Simplified Design

30

Simplicity is bliss:

Minimum Input Stated Preferences Transparent Payment

Uber Review - Simplified Design

30

Simplicity is bliss:

Minimum Input Stated Preferences Transparent Payment

Uber Review - Simplified Design

30

Simplicity is bliss:

Minimum Input Stated Preferences Transparent Payment

Measuring Success - Data AnalyticsUnderstanding through:Segmentation, Funnels, Retention, People, Revenue

Entrepreneurship Journey Is Lonely and Tough

32

Takes no equity

Gives free professional space

Provides mentorship

Access to business connections, angel investors and VCs

Innovation SpacesLondon and Chennai

33

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

34

Current Partners

35

And Many More…

36

Thank You

Twitter: @battlechoon @braintree_dev