Presentation at MPE Conference by Vaidas Adomauskas, WoraPay. - Retail innovations should be led by new customer experiences, not new payment methods. - New retail experience is NO waiting to pay - Partnerships with Banks (LLoyds Banking Group) and partners (Mastercard) is key for scale

1. STOP talking about (mobile) payments
Vaidas Adomauskas
Co-Founder, CEO
WoraPay
vaidas@worapay.com
+44 7490 078248

2. Uber

3. Uber
• Do we pay?
• Is it a mobile payment?
• Is it taxy or payment experience?

4. Starbucks

5. Starbucks
• Do we pay?
• Is it a mobile payment?
• Is it getting coffee or payment
experience?

6. Amazon GO

7. Amazon Go
• Do we pay?
• Is it a mobile payment?
• Is it shopping or payment
experience?

8. Innovating
payments
or…
customer
experiences

9. Payment
experience
today means…
waiting

10. 10,200
work days / year
Lloyds Banking Group staff spend
queuing in cafeterias*
*WoraPay data from services at Lloyds Banking Group cafeterias
**Verifone report 2016-03-24
£1.3 billion
in lost sales each year
due to Brits unwilling to wait in a shop to queue so leaving emptyhanded**
In
numbers…

11. Solution today:
more
cashiers

12. Solution today:
more
self-service
machines

13. Best
Customer
experience:
NO waiting
to pay

14. 7%
of Starbucks orders
globally are through mobile order-ahead*
*http://www.businessinsider.com/heres-how-mobile-order-and-pay-could-lift-starbucks-2016-11
**http://www.thisisinsider.com/mobile-order-ahead-apps-are-finding-success-in-the-us-2016-8
$38 billion
industry by 2020
Mobile order-ahead only
In
numbers…

15. 15
11%
of Gather
and Gather
revenue via
WoraPay

16. 3,000+
work days saved
for customers
5%+
increase in revenue
for retailer
In
numbers…

17. „We’ve been able to work together
with WoraPay to solve this
customer pain point –
waiting in line to order and pay.“
Scott Abrahams, SVP, Business Development,
Mastercard
http://newsroom.mastercard.com/eu/news-briefs/worapay-partners-with-mastercard-to-save-time-for-lloyds-banking-group-and-beyond/

19. Let’s talk
about retail
EXPERIENCE
with no waiting
to pay

20. https://lloydsbankcardnet.com/payment-services/face-to-face/mobile-app-solutions/
Vaidas Adomauskas
Co-Founder, CEO
vaidas@worapay.com
+44 7490 078248