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Sydney Subscribed 2016: How the World Pays

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© Worldpay 2016. All rights reserved. How the world pays Kevin Dallas, Chief Product & Marketing officer
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Page 1: Sydney Subscribed 2016: How the World Pays

© Worldpay 2016. All rights reserved.

How the world paysKevin Dallas, Chief Product & Marketing officer

Page 2: Sydney Subscribed 2016: How the World Pays

© Worldpay 2016. All rights reserved.

Experts in helping companies go

global

31.5 million transactions/day,

$500 billion processed / year

Largest FinTech IPO in London

Stock Exchange history

Number 1 international

acquirer

Own the full payment chain from

end to end

Worldpay fast facts

Page 3: Sydney Subscribed 2016: How the World Pays

3

ACQUIRING TREASURY GATEWAY ALTERNATIVES RISKGUARDIAN

Fully licensed for all the leading card schemes in over 100 countries with a local acquiring offering in 50 countries

A global payments proposition that delivers an end-to-end solution

More than just a gateway…

Page 4: Sydney Subscribed 2016: How the World Pays

Drive up conversion rates

Reduce the costs of running your business across multiple markets

Optimize payment

acceptance rates

Announcing Australia local acquiring license

Page 5: Sydney Subscribed 2016: How the World Pays

DatingSocial NetworksBusiness networksAddress books

5

Tech & ServicesContentPublishing

We understand digital content

MusicMoviesTVSoftwareeBooks

MagazinesAdvertisingImagesApp

TipsinformationEducationCollaboration

SaaSPaaSIaaSHosting

Page 6: Sydney Subscribed 2016: How the World Pays

© Worldpay 2016. All rights reserved.

Is global eCommerce growing?

In 2015, the global eComm market was estimated to be

worth:Up

since 2014

expected to hit

trillion by 2019trillion

%

Page 7: Sydney Subscribed 2016: How the World Pays

© Worldpay 2016. All rights reserved.

Americas: how the world pays – today and tomorrow

APM25%29%

Card75%71%

20142019

Americas 29%

26%20%

21%

17%

18%

2014

2019

42%

40%16%

13%

9%

10%

North America

Latin America

Debit cards eWallets

Bank transfer

Bank transferPostPayCredit card

2014

2019

Top 3 payment types

Page 8: Sydney Subscribed 2016: How the World Pays

© Worldpay 2016. All rights reserved.

Europe: how the world pays – today and tomorrow

APM49%55%

Card51%45%

20142019

Europe

29%

26%20%

21%17%

18%

2014

2019Debit cards

eWalletsBank transfer

Top 3 payment types

Page 9: Sydney Subscribed 2016: How the World Pays

© Worldpay 2016. All rights reserved.

APAC: how the world pays – today and tomorrow

APM58%63%

Card42%37%

20142019

APAC34%

38%31%

26%11% 9%

2014

2019eWallets

Credit cardBank transfer

Top 3 payment types

Page 10: Sydney Subscribed 2016: How the World Pays

Languages Payment preferences& spending habits

Tax laws Currencies

Local cultures Optimizing business cost & risk

Legal Local entity/offshore

Getting the basics right – key considerations

Page 11: Sydney Subscribed 2016: How the World Pays

Trust Simplicity Support

The importance of the payment journey

Page 12: Sydney Subscribed 2016: How the World Pays

© Worldpay 2016. All rights reserved.

What about subscriptions?

Page 13: Sydney Subscribed 2016: How the World Pays

© Worldpay 2016. All rights reserved.

Only want to pay for what they use

Do not want to commit to a service

long term

Concerned about sharing personal information over

the long term

% %%

What holds people back from subscribing?

Page 14: Sydney Subscribed 2016: How the World Pays

© Worldpay 2016. All rights reserved.

Pull VS. Push Alternative billing models Tokenization

What works for subscriptions?

Page 15: Sydney Subscribed 2016: How the World Pays

© Worldpay 2016. All rights reserved.

eWallets will overtake credit cards for share of

global eCommerce spend by 2019

%%

The big winners are eWallets

Page 16: Sydney Subscribed 2016: How the World Pays

© Worldpay 2016. All rights reserved.

However… Cards are not dead!

Page 17: Sydney Subscribed 2016: How the World Pays

Most Indian recurring and SAAS companies are domiciled out of the US or Singapore.

Cross border transactions in Brazil

see an average decline rate of about 70%.

Cross-border acquiring Start taking payments quickly

• No local entity required• No additional regulatory

requirements• Rapid access to markets

globally

Domestic acquiringImproved transaction success

• Domestic interchange rates• Potential reduction in

international cross-border fees

• Settlement and payments tolocal partners or customers in local currency

Global vs. local acquiring

Page 18: Sydney Subscribed 2016: How the World Pays

© Worldpay 2015. All rights reserved.

…but why now?

Payments are blowing up…

Page 19: Sydney Subscribed 2016: How the World Pays

19

Connected devices

&The Internet

of Things

Biometrics&

Rise of the cloud

Cheap storage costs

&A data driven

world

Tech trends influencing payments

Page 20: Sydney Subscribed 2016: How the World Pays

Totallyseamless

Incredible sophistication

Always on identity

What do these trends mean for payments?

Page 21: Sydney Subscribed 2016: How the World Pays

© Worldpay 2016. All rights reserved.

What to take away?

• Customers want convenience, transparency and the option to say no

• The accelerating focus on experience and the relationship will drive new models

• Whilst subscriptions are on the rise, other billing methods are of growing interest

Page 22: Sydney Subscribed 2016: How the World Pays

© Worldpay 2016. All rights reserved.

Global Payments Report is available at: worldpay.com/global/insights

Page 23: Sydney Subscribed 2016: How the World Pays

© Worldpay 2016. All rights reserved.

Questions?

Questions?


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