Why Payment Innovation Fails
About this episode
Mike Hutchison discusses the evolution of UK payments and the reasons behind the success of direct debit compared to newer payment models.
Mike Hutchison discusses the evolution of UK payments, centred on the enduring strength of direct debit and the practical implications of newer payment models such as open banking, pay by bank and variable recurring payments. He examines why direct debit has remained so successful, highlighting its strong consumer understanding, low-cost economics, dependable performance and disciplined brand execution. The discussion also explores where newer payment methods add value, particular...
More episodes of RO-AR.com : Numbers, Nuances & Observations
- Getting Ahead with AI Adoption
- The Truth About Affordability
- Tread Carefully: Regulatory Uncertainty - Retrospective Risk
- Beyond AI Hype: What Digital Transformation Really Means
- Financial Inclusion: Credit Union model working well
- AI in Business: What is really happening?
Explore listener stats, chart rankings, contacts and more on the RO-AR.com : Numbers, Nuances & Observations podcast page.