Product Head in a disruptive payments company. Diversified experience in developing payment products and technologies.
1. I can negotiate the contract and commercials as part of ongoing RFP process
2. I can own the responsibility for the planning, coordination, and delivery of the project work streams
3. I can work effectively with 3rd Party vendors and their project teams to deliver a combined view of deliverables
4. I can plan project work streams to deliver the requirements of the project phase
1. I can help develop products by identifying potential products; conducting market research; generating product requirements; determining specifications, production timetables, pricing, and time-integrated plans for product introduction; developing marketing strategies
2. I can help define and execute short term and long term product goals, vision and strategy
3. I can define, validate and execute new business model and partnerships
1. I can direct growth initiatives in the electronics payment arena for banks in developed and emerging markets
2. I can help with selection of appropriate payment system
3. I can help design payment product and systems
4. I can consult in identifying opportunities in electronic payments
1. Create, manage and own the project plan for the entire duration of Own-Build-Operate-Transfer
2. Own and maintain the Risks, Actions, Issues and Dependencies (RAID) log ensuring where require resolution or mitigation is identified
3. Drive effective teamwork, communication, collaboration and commitment across multiple disparate groups within bank
4. Identify potential conflicts and issues and work with key stakeholders to establish a path to resolution
5. Articulate any unresolved issues and escalate for review in the Executive / Steering committee
6. Ensure 3rd Party vendors meet SLA’s and project timelines at all point of time and levy necessary penalty in case of any lapses
There are many payment gateway options available in India. Each one has differentiated offering. You will have to study the options in detail. Do negotiate on pricing, it's quite volatile.
1. To create mobile payments you should start with peer to peer payments and let people pay anyone from their contact list.
2. Piggyback on messaging apps for faster adoption.
3. You will have to figure out how people will send money into mobile wallet and how they can take it out from mobile wallet. This has to be done within the ambit of country regulations.
4. Once money is in wallet, let people send and receive money via your mobile wallet.
5. Create a new wallet for anyone who has not created a wallet but has received money
6. For mass adoption you will have to focus on interoperatibility, meaning:
6a. Ease of transacting between mobile wallets provided by different wallet operators (will potentially address all payment scenarios - peer to peer, customer to merchant, and business to business payments)
6b. Ease of transacting between mobile wallets and bank account (will ease cash-in and cash-out)
6c. Better dispute resolution processes
6d. Better fraud and risk mitigation policies