My guest this week is an avid tennis player with a passion for alternative payments. She started her career as a programmer in the brokerage business, with a degree in computer science, and ended up the CEO of alternative payments platform Payverse. So, how did she get from one end of the spectrum to the other? You’ll have to tune in to find out!
According to CEO Sandra Blair, Payverse is a company that “enables payment processing traditional payment processor don’t typically do.” What does she mean by that specifically? Think cryptocurrency, buy-now-pay-later (BNPL) and their most foundational payment method: UnionPay.
For those of you who may not know, UnionPay is the largest card issuer in the world, with more than 9 billion cards issued. And they came to Payverse exclusively with a request to develop the first complaint U.S. bank sponsorship model for UnionPay acceptance. The company launched in March but has already paved the way for progress with this UnionPay initiative. As for their competitive advantage, they have a fully augmented platform that is built entirely in the cloud, with API-enabled technology, that allows for a truly optimized plug-and-play solution.
Tune in this week and hear Sandra talk about her journey through payments and the future of our industry over the next 2-3 years. We discuss consumer expectations around faster payments, new technologies that will be developed to mitigate the risk associated with these faster payments, and other emerging alternative payment methods that will come on the scene and continue to disrupt the ecosystem.
Also a point of interest, we discuss her company’s current cryptocurrency roadmap to get them to their inevitable goal of shielding the merchant/processor from having to deal with all the complexities of crypto, as well as emerging BNPL options that strive to protect the merchant and pay them in full. Don’t miss it!