What Is The Next Great Payment App That Has Yet To Be Created?

To wrap up Day 1, the “New Payment Platforms for Innovation” panelists shared their ideas on the next great payments app that has yet to be created:

  • David S. Evans (Founder, Market Platform Dynamics): An online competitor to PayPal for merchants who can’t or don’t want to accept PayPal
  • Tim Attinger (Market Platform Dynamics Managing Director and Former Global Head of Products, Visa): Any way for those in developing countries to access finances via a mobile device
  • Mario Shiliashki (SVP & Group Head, US Emerging Payments, MasterCard): Anything that kills cash
  • Dan Schatt (Sr. GM Innovation, PayPal): A mobile payments solution that integrates cash and check payments

 


PYMNTS.com Blog Entries from the Innovation Institute

Day 1

  1. David S. Evans: Why the Time Is Right for Innovation (and Cash Is Not Dead) (9 a.m.)
  2. No Need to Give a Eulogy for Venture Capital (10 a.m.)
  3. There’s Two Sides to Every [Payments Platform] Story (11:30 a.m.)
  4. The Key to Igniting and Launching Mobile Payments Platforms (12:30 p.m.)
  5. Fed’s Proposal for Interchange Rates to Be Announced Within a Few Weeks (2:30 p.m.)
  6. What Payments Professionals Can Learn from FarmVille (4 p.m.)
  7. Driving Network Effects with Platforms (4:30 p.m.)
  8. What Is The Next Great Payment App That Has Yet To Be Created? (5 p.m.)

 

Day 2

  1. Can the U.S. Replicate Japan’s Mobile Payments Success? (8:30 a.m.)
  2. POS Opportunities around Social Networking (9:30 a.m.)
  3. POS Innovation in the Cloud (10:30 a.m.)
  4. American Idol: Payments Innovation Style (Noon)
  5. Federal Reserve: Cash Usage Increased in 2009 (1:30 p.m.)
  6. Tips for Catering to Consumers’ Payment Preferences (2:30 p.m.)
  7. How Walmart Views Consumer Payments Behavior (3 p.m.)