Consumer pitches for payment solutions

· Wribhu Tyagi

Any new payment solution seeks to change the consumer behavior in a significant way and hence tries to ride on one or multiple triggers. These triggers are the reasons why a consumer would prefer our payment option over all the others at the moment-of-truth.

I do not want to carry cash/cards/bulky wallet

This feels really safe and secure

I get the best deals at merchants, when I use this option

I earn rewards for most/all of my spends

This is really fast/easy/convenient

The fee structure on this option is most exciting

Wribhu Tyagi has spent 25 years at the intersection of technology and retail finance, across banks, card networks and startups. He writes about technology, finance and what he is learning along the way. About · LinkedIn