Page 41 - GS150701
P. 41
CoverStory
Bryan Sory: "Yes, we're hyper- employers taking card interchange out of their tips. Our system employs
conscious of the fact that beacons that track consumers on a merchant tablet as long as their Bluetooth
MasterCard and Visa own a larger is on. When the user pays, the tips go directly into the servers' Qwyvr wal-
monopoly in payments than let."
Google owns in search. Typically,
in any two-sided marketplace, Farshad Tafazzoli: "Coinstar Exchange enables consumers to insert a gift
there will emerge one or two card and get cash. We wanted to get a step ahead by letting consumers use
victors who drive out everyone the gift cards in their wallets as a new payment source. This enables us to
else. That's certainly true in ride the same rails as other gift card exchange platforms while creating a
payments." new payments mechanism."
Farshad Tafazzoli: "There's a ba- Taimour Zaman: "The ugly middle for many corporations might be figuring
sic conditioning that occurs to how to leverage mobile technologies (smartphones) to effectively interact
us as consumers that as long as with customers, employees and other stakeholders. It might also be merging
you're not too far outside the pro- data from social media platforms that have different and incompatible
cess, you can get products adopt- algorithmic and data structures.
ed and used. We simply made a
gift card in someone's wallet into "With the help of our programmers we can transform raw data into advanced
a new payment source. Nothing information systems with predictive analytics. Working together we can
changed inherently." solve innovation challenges and evolve the payment ecosystem."
Taimour Zaman: "Yes, we ob- When conditions are ripe and uncommon leaders are on the scene, innovation
served that people and groups is impossible to repress. Such is the case now in payments and is likely to
make decisions based on 'per- continue for the foreseeable future.
sonal relative priority,' not on how
well something is performing. So
we created the Expectation Gap
Index, which could be applied to Snap Shot of 2015
all types of relationships: employ-
ees, suppliers, resellers, partner Calendar of Events
channel partners, etc."
GS: How does your product
navigate the "ugly middle"to
seamlessly blend with the
payments ecosystem?
Ryder Kessler: "It was important
to us and to our customers that
DipJar be a completely modular
product: we don't want to replace
any POS infrastructure or
processing relationships that a The Prepaid Press Expo
counter-service restaurant, salon,
hotel, or museum might already August 11 - 13
have." www.prepaidpressexpo.com
Peter Klamka: "Bitcoin ATMs
are standalone units with small
footprints that can be wall-
mounted or placed on merchant
countertops. Some restaurateurs WSAA Annual Conference
are seeing an increase in foot October 28 - 29
traffic as consumers come into
their store to buy bitcoins and stay www.westernstatesacquirers.com
for a meal or order take-out."
Bryan Sory: "Servers and bar- http://www.greensheet.com/datebook.
tenders have complained about php?fag=calendar_display
41
Bryan Sory: "Yes, we're hyper- employers taking card interchange out of their tips. Our system employs
conscious of the fact that beacons that track consumers on a merchant tablet as long as their Bluetooth
MasterCard and Visa own a larger is on. When the user pays, the tips go directly into the servers' Qwyvr wal-
monopoly in payments than let."
Google owns in search. Typically,
in any two-sided marketplace, Farshad Tafazzoli: "Coinstar Exchange enables consumers to insert a gift
there will emerge one or two card and get cash. We wanted to get a step ahead by letting consumers use
victors who drive out everyone the gift cards in their wallets as a new payment source. This enables us to
else. That's certainly true in ride the same rails as other gift card exchange platforms while creating a
payments." new payments mechanism."
Farshad Tafazzoli: "There's a ba- Taimour Zaman: "The ugly middle for many corporations might be figuring
sic conditioning that occurs to how to leverage mobile technologies (smartphones) to effectively interact
us as consumers that as long as with customers, employees and other stakeholders. It might also be merging
you're not too far outside the pro- data from social media platforms that have different and incompatible
cess, you can get products adopt- algorithmic and data structures.
ed and used. We simply made a
gift card in someone's wallet into "With the help of our programmers we can transform raw data into advanced
a new payment source. Nothing information systems with predictive analytics. Working together we can
changed inherently." solve innovation challenges and evolve the payment ecosystem."
Taimour Zaman: "Yes, we ob- When conditions are ripe and uncommon leaders are on the scene, innovation
served that people and groups is impossible to repress. Such is the case now in payments and is likely to
make decisions based on 'per- continue for the foreseeable future.
sonal relative priority,' not on how
well something is performing. So
we created the Expectation Gap
Index, which could be applied to Snap Shot of 2015
all types of relationships: employ-
ees, suppliers, resellers, partner Calendar of Events
channel partners, etc."
GS: How does your product
navigate the "ugly middle"to
seamlessly blend with the
payments ecosystem?
Ryder Kessler: "It was important
to us and to our customers that
DipJar be a completely modular
product: we don't want to replace
any POS infrastructure or
processing relationships that a The Prepaid Press Expo
counter-service restaurant, salon,
hotel, or museum might already August 11 - 13
have." www.prepaidpressexpo.com
Peter Klamka: "Bitcoin ATMs
are standalone units with small
footprints that can be wall-
mounted or placed on merchant
countertops. Some restaurateurs WSAA Annual Conference
are seeing an increase in foot October 28 - 29
traffic as consumers come into
their store to buy bitcoins and stay www.westernstatesacquirers.com
for a meal or order take-out."
Bryan Sory: "Servers and bar- http://www.greensheet.com/datebook.
tenders have complained about php?fag=calendar_display
41
