This event has been indefinitely postponed. The original description is below.
The friction of digital payments has become a challenge to scaling technology businesses in India. While some ecommerce companies have adopted cash payments, others have implemented elegant techniques of absorbing credit card information at the user account level.
Yet, drop rates remain stubbornly high, adoption of electronic payments remains poor, opening merchant accounts appears mired in labyrinthine processes and subscription payments remain largely closed.
PayStation hopes to bring together engineers and technologists for new ideas and fresh perspectives in resolving these challenges in India’s payments’ infrastructure. If you’d like to share your experience or work in online, mobile or alternate payments, or in fact if you’ve worked on developing secure and safe payments infrastructure, go ahead and propose a session below!
KC
Krish | ChargeBee
@cbkrish Proposing
Recurring billing challenges & how businesses are overcoming it.
Submitted Oct 19, 2012
Section:
Online Payments
Technical level:
Intermediate
Session type:
Discussion
Discussion should result in crisp take-aways based on lessons from other companies and they should be relevant for startups. Big businesses have built or finding ways around this.
Outline
This discussion is specifically for subscription businesses, not one-time payments of eCommerce (though there are several use cases where this will be helpful as well).
RBI regulation, PayPal recurring billing sucks and myriad other problems around recurring payments in India. How are companies working around the challenges and figuring out ways to make it a non-problem to efficiently collect money for their subscription businesses.
Speaker bio
Ideally it should be two people speaking on this topic - one with extensive experience building payment gateway who understands regulations and works closely with RBI / Banks and I (Krish from ChargeBee) can complement with a view of how startups in India are dealing with it. Intent is to keep the entire discussion unbiased & focused on problems & the solutions rather than a cry-baby session.
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