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ABOUT THIS EVENT
This event is organized by PayPal
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PayPal Singapore brings to you a series of workshops called FinTech Learning Series, which started in Dec 2016! Our goal is to share with you some of the FinTech industry best practices and knowledge that we hope will benefit you in your business.
About the sharing and speaker:
Aditya Haripurkar is the Founder and CEO of HitPay. HitPay enables one-tap payment checkouts for social commerce businesses which allows buyers a unique mobile native checkout experience and increases conversion for online businesses.
Social media platforms are the dominant product discovery platform on the internet. Post the product discovery stage, buyers have no choice , but to perform the product purchase on the online store. This disrupts the process of a seamless customer journey from discovery to purchase as it is estimated that 45% of buyers drop off the purchase journey immediately and 44% of buyers purchase the product at a later stage. This distinct lack of an instant payment checkout on social commerce platforms is the leading reason for mobile conversion rate globally to be at 30% as per Google.
HitPay solves this problem by providing a simple one-click instant purchase experience for buyers without requiring to fill out lengthy forms and going through new account creations. HitPay merchants are provided the benefit of increased conversions resulting from the one-click purchase experience and usage of HitPay’s social commerce checkouts within any social or chat platform without any integration effort or coding skills.
Founded in 2016, HitPay is a Singapore based Fintech startup that currently has over 300 online merchants on its platform and has processed over $1m in transaction volume. HitPay was a MAS Fintech Award Finalist in 2017 for the first payment keyboard implementation in South East Asia.
2:45 pm - Registration
3:00 pm - Introduction to PayPal
3:10 pm - Social Commerce in one click by HitPay
4:00 pm - Networking & Refreshment
The PayPal FinTech Learning Series initiative is brought to you by PayPal Innovation Lab (PPIL). The PPIL endeavors to foster innovation, R&D, entrepreneurship and capability building in Singapore through collaborating with government agencies, Institutes of Higher Learning (IHL), industry associations and ecosystem partners. Since its official launch in Aug 2016, the PayPal Innovation Lab has been shaping the future of money through innovation. The 3 key programs driven by the Lab aim to:
Establish FinTech Thought Leadership, develop talent and foster a culture of innovation through high-end R&D initiatives involving Singapore’s top universities, industry partners and local businesses.
Be the leading incubator of next-gen FinTech startups and grooming category leaders in the FinTech space through the provision of domain expertise and a well-structured learning curriculum.
Transform small, medium businesses through technology to increase their productivity.