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5 Themes

ATM
Debit
Prepaid
Mobile
Digital Money

Payments Innovation Day

Who is the next disruptor? The breakthrough in payments? The start-up that changes how consumers pay for things?

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Tuesday, October 22, 2013

3:20 p.m. - 4:05 p.m.
Track: Digital Money View Track

THE MERCHANT PERSPECTIVE ON DIGITAL MONEY

Moderator: Austin Kilgore, Managing Editor, PAYMENTSSOURCE
Julian Tosh, Business Owner, BITCOINSINVEGAS.COM
Maria Sparigis, President, DIRECTPAYNET
David Perry, Chief Architect, BITCOINSTORE.COM
Paul Schloss, President, BROOKLYN BAGELS

For merchants, Bitcoin’s appeal is twofold: The fees are much lower than for traditional payment networks, and like cash, Bitcoin does not have chargeback risk. For merchants that want to avoid the volatility of Bitcoin’s exchange rate with the dollar, there are services that will take the currency risk for them, for a fee that still beats the legacy systems. This panel will discuss the types of merchants where virtual currencies are gaining traction, and why.

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