Techcircle Payments Forum
Date: 17 May, 2017
About the event
2016 in India will forever be remembered as the year of demonetization, a government policy, which gave the required push to create a hybrid economy enabling both cash and digitized cash transactions. As a result of demonetization, the value of transaction for digital service such as mobile wallets almost increased by 200%, bitcoins went up by approx. 20%, UPI transactions went up by 55% and usage of plastic money and internet banking went up massively.
Needless to say that digital currency had already invaded the space before demonetization and as one can see, major winners of this entire scenario are fintech entrepreneurs who offered an array of products and services helping citizens transition further towards cashless. The service providers too are benefiting from incremental profit margins aligned with increase in usage of data plans to access digital payment gateways. However, for investors the present value offering in payments space is a game changer.
Still, the question to be asked here is if India is truly ready for next-phase of payment solutions that startup ecosystem has to offer? The industry still requires significant investments in infrastructure and technology, but still hurdles like mass acceptability, usage and adaptability are the key concerns. Security and consumer grievances are also a huge challenge which the country is still grappling with.For the 6th edition of VCCircle Network’s Payments Forum 2017, will seek to focus on these issues and offer thought leadership to this dynamic industry.
Who should attend?
- Digital payment service providers
- CEOs, CIOs, Technical directors & Sr. management professionals
- Venture capitalists & private equity providers
- Technical directors
- Risk consultants
- The event will offer a ring side view of the evolving dynamics, opportunities and success stories and offer thought leadership to the emerging payment ecosystem in India
- Investors the present value offering in payments space is a game changer.
- It will see participation of CEOs of leading payment service providers, payment heads of leading banks, emerging payment service companies, technical directors, CIOs, digital payment and risk consultants, and private equity and venture capital investors