mca - 2016 - shopify - david seal - innovation landscape in mobile payments - an extensive look at...

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Hallo Amsterdam

Photo by Peter Elliston

David Seal @davidseal

The future of payments in-person and online

Make commerce better.

275,000+ Merchantssold over 2.7 billion dollars of merchandise in Q1 2016

Sell online, in person, anywhere.

The future of payments in-person & online

In-person Payments

1 Mobile Point-of-sale (mPOS) 2 Mobile Wallets

iZettle http://izettle.com

Shopify POS http://shopify.com/pos

Shopify POS http://shopify.com/pos

Poynt http://poynt.com

Powered by

Powered by

In-person Payments

1 Mobile Point-of-sale (mPOS) 2 Mobile Wallets

Square Wallet (Cancelled)

PayPal Check-in (Cancelled)

Apple Pay http://apple.com/apple-pay

Android Pay http://google.com/android-pay

Google Hands Free http://get.google.com/handsfree/

Takeaways and predictions In-person Payments

• The lines between mPOS and POS will continue to blur, with Android becoming the dominate POS OS.

• Great design and customer experience of in-person payment solutions will become key to their success.

• Apple Pay and Android Pay will become the leading contactless mobile wallets, but completely frictionless payments is the end goal (e.g. Uber).

Online Payments

1 Mobile web checkouts 2 Conversational Commerce 3 Virtual Reality

Web Payments Standards

+ +

Online Payments

1 Mobile web checkouts 2 Conversational Commerce 3 Virtual Reality

Facebook Messenger http://messenger.com/

Shopify + Facebook Messenger

Shopify + Facebook Messenger

Kit http://kitcrm.com

Amazon Echo http://amazon.com

Google Home http://home.google.com

Online Payments

1 Mobile web checkouts 2 Conversational Commerce 3 Virtual Reality

Oculus Rift http://oculus.com/rift

HTC Vive http://htcvive.com/

Oculus Gear VR http://oculus.com/gear-vr/

Google VR http://vr.google.com

htttp://shopifyvr.myshopify.com

Takeaways and predictions Online Payments

• Mobile web checkout forms will die, being replaced by mobile wallets like Apple Pay and Android Pay.

• Conversational commerce is real and includes text, voice, and bots. Look for deep payment integrations to play a big part here.

• Mobile VR will continue to gain momentum and benefit from many of the payment improvements that both web and in-app will have.

Photo by Michael Abid

Dank JeDavid Seal

Twitter/Instagram: @davidseal Web: http://davidseal.ca