Business Magazine

Understanding Payment As Experience & Payment As A Service

Posted on the 22 April 2018 by Divine T. @backlinkfy
paymaster.png

You're just running, carrying nothing else but yourself (& and a #wearable of any kind to be honest :-) ), go to a grocery store, because you like the experience of feeling things, you check what you might need, go back to the road and keep running. Finally you get home that day and a couple of things make a difference for you, you haven't bought anything at all, but the things that your need are there, even the things that you always forgot, plus you haven't carried home anything at all.

Nowadays our digital perception of the world mislead us regarding what important are the experiences in our life, it's not the product, it's not the service, it's the emotion, and at the end how easy and familiar are our experiences really matter. So how can we complement the avalanche of e-commerce that is eating retails over the world? is that a battle that analog world already lost?

Understanding Payment As Experience & Payment As A Service

I really like the concept of Payment as Experience, Generation Z and Millennial's looks for different things there is plenty of articles about how different they are, but to me in the end they look for convenience like everybody, the key is that they have more tools to do that. So they go to a Sport Shop test the bicycle, choose whatever they like, and then looks over internet for the big deal and make the purchase using e-commerce. So is it really a good strategy for the e-commerce to kill real life retail ? if no one can remember what a real experience looks like, how you would make a decision ?

Talking about Payment as a Service, what the commerce would need? from the e-commerce and real life retailers both have different needs, the e-commerce should look for ways to bring experiences to the customer, and real life retailers, need to leverage on experience and e-commerce capacities to survive.

At the end Centers of Experience, that use current installed capacity of retailers might be the answer, divert customers from real life retail to e-commerce, would led to brig the best of the two worlds.

Who would evolve first to Centers of Experience + e-commerce in a massive way? would be the big e-commerce that might start to build or acquire Center of Experience or the dying real life retail industry will hit the trend using the venom as the cure.

paymaster subcribe.PNG

Collaboration with Backlinkfy.com 


You Might Also Like :

Back to Featured Articles on Logo Paperblog

These articles might interest you :

  • ✔628 Cougar Park

    ✔628 Cougar Park

    Steeton AFC 1-0 AFC BlackpoolNWCL First Division NorthSaturday 18th August 2018Steeton is a small village in the Metropolitan District of Bradford in West... Read more

    11 hours, 33 minutes ago by   Smidrophenia
    SOCCER, SPORTS
  • 2018 NEW SONG: Olamide – Puna (Freestyle)

    Get brand new music from Nigerian music star Olamide – Puna (Freestyle) out now! Here is a quick music piece from YBNL boss Olamide and it’s titled Puna... Read more

    11 hours, 40 minutes ago by   Naijapary
    SOCIETY, A-CLASSER
  • Oyo State Governor, Ajimobi Demolishes Ayefele’s N800m Music House (Photos)

    The Government of Oyo state has carried out its threat to demolish the headquarters of Ibadan based radio station, popularly called Music station, Fresh FM owne... Read more

    12 hours, 6 minutes ago by   Naijapary
    SOCIETY, A-CLASSER
  • 5 Random Things to Make You Smile

    Random Things Make Smile

    Whoo hoo! We just got back from Wisconsin Dells (again…) but this time we had a blast with my son and his family. Aren’t they so CUTE?! Read more

    12 hours, 58 minutes ago by   Maryjo
    LIFESTYLE, SPORTS
  • Press Statement Released by Newly Elected Pro of Nanc Osun Axis

    NATIONAL ASSOCIATION OF NIGERIAN COMRADES (NANC) Association Nationale des Camarades Nigérians OSUN STATE AXIS APPRÉCIATÍON To God alone be all the glory;... Read more

    13 hours, 4 minutes ago by   Naijapary
    SOCIETY, A-CLASSER
  • The Great Australian Road Trip

    To celebrate my graduation, we decided to travel across Australia. What better way to do that if not by road? For a second we considered taking a RV but... Read more

    15 hours, 18 minutes ago by   Prachipreaches
    BUSINESS, SOCIAL MEDIA, TECH
  • New Resource Available About Brown Hyaenas on Private Land

    Resource Available About Brown Hyaenas Private Land

    By Katy Williams A wide variety of species rely on land outside of protected areas for their survival. One example is the brown hyaena. Brown hyaenas are only... Read more

    15 hours, 23 minutes ago by   Iratemonkey
    ANIMALS & WILDLIFE, BIOLOGY, ENVIRONMENT, SCIENCE