The many different facets of payments will be on the main stage and on display in the exhibits area when the 2020 Payments Summit returns to its roots next week in Salt Lake City. Attendees can choose from sessions focusing on in-store payments, transit payments, online retail payments, mobile payments, faster payments, blockchain payments, IoT payments, biometrics payments, and even electric vehicle charging payments.
Over the four days from February 24th to the 27th, the agendas for the 2020 Payments Summit conference sessions and accompanying U.S. Payments Forum member meeting panels and working committee breakout sessions are full of hot payment topics and interactive discussion. You can expect breaking industry news, productive stakeholder debates, and discussions on how the diverse payments ecosystem is evolving and reinventing itself in the age of digital payments, mobility, and consumer choice.
One topic that will be given special attention will be Mobility as a Service, or MaaS. Whether you travel for business or pleasure in a major metropolitan city, you will likely experience multiple modes of transport during your stay. Renting a car, worrying about traffic in and out of the city, and finding convenient and affordable parking are both expensive and time consuming. More travelers might choose to take the train that connects the airport to the downtown rail station, instead of a subway or bus, to arrive at their hotel. For the last mile of the journey, they may call up a ride share on their mobile device. If they’re 20 years younger than I am, they may even opt to jump on a scooter or rent a bike to get around.
These choices would be even more popular if accessing these mobility services and paying for them were easier and more integrated. This is where MaaS comes in, integrating real-time maps and directions with available choices of the public and private mobility services when and where needed. Making travel easier and less expensive, these mobility services can be paid for through a mobile phone app or payment options right in the mobile wallet.
If you want to learn something new about transit payments, then the Payments Summit Future of Transit and Mobility as a Service track should be on your personal conference schedule.
Whether your interests lie in retail, faster payments, online payments, or transportation, there’s something for you at the 2020 Payments Summit. I hope to see you in Salt Lake City.