PM-II @ Chargebee (Payments) | Ex Mastercard - Global PM for Cross-border payments | IIM Lucknow'21 | Tweets about Business & Cricket | Views are my own
Another reminder that payment behaviours are deeply ingrained and incredibly hard to shift
The wind down of ShopBack Pay QR in AU shows how hard it is to displace a market conditioned to tap-and-pay.
Meanwhile QR scaled natively in China and India.
https://t.co/bXmc0rlqpD
@MaxFantle Totally fine with minimal. Just feels like everyone’s hiding the real moats (rails, regulation, reach) instead of designing around them… or they don’t actually have one.
It's high time the governments start taxing every new Instagram account created for newlyweds, newborns, new pets and celebrity PR armies.
Charge them the highest slab!
2 hours of Elon on Nikhil’s podcast and one thing is clear: His core belief on money movement still stands strong!
The one world money database idea that sparked PayPal is still driving him today.
And it feels like the timing and the tech have never been more aligned 👀
@VasjaBocko@maxlomu@klarnaseb I used to think that way but if merchants raised prices because of Klarna’s fee, they’d have to raise prices for every payment method. They don’t.
They use it because it boosts conversion (⬆Inventory TO), AOV, reduces cart abandonment & this revenue lift offsets the higher MDR.
@jevgenijs@tempo@FintechNerdCon Congratulations! I had a chance to interact with the stablecoin teams adjacent to them and they’re absolutely fantastic.