News Corp VCCircle Payments Summit 2018
The Future of Payments is Here
A recent report from BCG and Google projected that the Indian payments industry is estimated to grow 10 times to reach $500 billion by 2020. This steep growth, obviously, will come on the back of disruption and innovation that the industry has already begun to witness.
Leaders in the payment space, such as Paytm, MobiKwik and Oxigen, are getting ready for one of the most intense battles as global tech giants, such as WhatsApp, Google and Samsung, too, are eyeing a piece of action in one of the world's fastest growing payments markets. As this battle unfolds in the background, what is undeniable is the high-growth trajectory the industry will go through in the near future and the multiple payments solutions Indian consumers will be spoilt with.
This fight will not only require deep pockets, but also innovations that work for a diverse market like India. Financial muscles as well as creative ideas backed with tech solutions will need to be deployed to win the one-billion-plus market.
Join us for a deep dive into the emerging payments industry in India at News Corp VCCircle's Payments Summit. The 7th edition of the Payments Summit will be held in Mumbai on 23rd May 2018 at Taj Lands End, Mumbai.
Themed around “The Future of Payments is Here” this forum will witness CXOs from leading payments service providers, business heads of leading banks, CIOs, CDOs, and private equity and venture capital investors.
09:00 - 09:50
Registration & Networking
09:50 - 10:00
10:00 - 10:20
10:20 - 10:30
Welcome Address of Presenting Partner
10:30 - 11:30
Panel Discussion I: Local vs Global players: Who is better placed to win the Indian market?
Major global players like Amazon , Whatsapp, Hike, and Google are quickly moving into the payment space. This is going to present challenges for the existing wallet players and payment banks. International players are pumping in big bucks, thus showing an increasing interest in this sector. In the light of these developments and the entry of so many new 'big' players, how are the incumbents gearing up for the battle? Will bringing those on the sidelines into the consumption fold
11:30 - 11:45
11:45 - 12:10
Fireside Chat: Gauging the funding scene: Which models are investors chasing and why?
12:10 - 13:10
Panel Discussion II: New Payments startups: What makes Indian Payments Revolution unique?
Going by the strong growth in the number of startups in the last two years, India has emerged as the largest FinTech hub beating even the US. A look at the varied solutions new-age entrepreneurs are coming up with to serve the diverse set of Indian consumers. Also, what are the business models that these startups are adopting to sustain themselves? What are the value offerings for investors?
13:10 - 14:10
14:10 - 14:30
Special Address: Emergence of AI, VR, Blockchain and their impact on the payments and FinTech industry
14:30 - 15:30
Panel Discussion III: New Regulations - A hurdle or a necessity?
The mandatory full KYC certification, phased introduction of interoperability and restriction on peer-to-peer fund transfer in semi-KYC wallets are some of the guidelines issued by the Reserve Bank of India that sent the payments industry into a tizzy. Likewise, the new norms for prepaid payment instrument license were also considered stringent by the industry. While the urge on the part of the government to regulate the fast growing industry is understandable, does a stringent regulatory environment pose the threat of stifling a growing sector?
15:30 - 16:00
Fireside Chat: With new disruptors in the market how does the scenario look for a FinTech/Payment startup?
16:00 - 16:40
Panel Discussion IV: Meeting the payments needs of Bharat – Need for Financial Inclusion and Innovation
Given that a large population in the country is still unbanked and given the government's agenda of inclusion, what experiments are being made to serve the un and under-served? Are the government's policies/initiatives (UPI, Aadhar, eKYC, demonetization, digitization, etc) helping achieve that agenda?
16:40 - 16:50
Continue the energy and networking of the day with more social time with top entrepreneurs and leading investors.
Date: May 23, 2018
Venue: Taj Lands End, Mumbai
INR 10,000 + 18% GST per attendee
Early bird discount 10% till 9th May :
INR 9000 + 18% GST per attendee
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