This episode is sponsored by Citizens Pay. Designed to streamline the buying process, Citizens Pay is a leader in “Buy Now Pay Later” that provides merchants the security of a premier national bank on an omnichannel platform which drives sales and builds loyalty.
If you want to learn more about Citizens Pay, visit https://citizensbank.mvk.co/2hycr where you can find additional information about Citizens Pay’s buy now pay later financing solution.
What does a video game designer and avid Vietnamese art collector have to do with payments? A lot! Evvio Co-Founder Adrian Jones started his entrepreneurial career at 15 years old in the videogame design industry, only to find that his passion for technology and the impact it can have on the world around him would eventually propel his career into the ecommerce payments space.
For those of you who may not know, Evvio is an ecommerce technology company that provides opportunities for anyone, anywhere to participate in ecommerce. They specialize in person-to-person emerging ecommerce transactions and their technology adds tremendous value to exchange networks such as:
● Social commerce
● Super apps
● Online gaming
● And the metaverse!
Fluid commerce is probably one of the biggest buzzwords you’ll hear in this podcast, with Evvio driving this intention for their target audience. And one of their main objectives is to make ecommerce inclusive in that it doesn’t require a bank account or credit card to transact. As for their competitive advantage, the ability to earn and spend without value passing out of the e-commerce network is the first thing that Adrian points out, followed closely by fraud prevention capabilities that allow the seller and buyer to maintain a cryptographic agreement of services being used.
Tune in this week to hear Adrian talk about the future of our industry as it relates to the projected growth of person-to-person ecommerce, the demise of credit and debit card payments, and the social commerce exchange that will spike from $560 billion in 2020 to $2.9 trillion in 2026. As for what he projects beyond the next 10 years, he has this to say based on his own experience: “Much as we try to forecast what the world will be like in years ahead, there are just so many things we don’t see coming.” Don’t miss this one!