I’ll be attending the 73rd NPECA Annual Conference. (http://www.npeca.org) while there, I’ll be a panelist at the “Retail Credit Card Session – Alternative Payments – Challenges and Opportunities”.
The objective of this session is to look into the strategic challenges that merchants face when choosing and implementing alternative payments in the convenience petroleum marketplace.
Below are the questions we will be discussing during the session. Join my LinkedIn network to participate in the discussion!
General Questions
- What is an alternative payment?
- What are the differences/similarities between loyalty programs and alternative payment programs?
- How does alternative payment pricing compare to traditional credit cards?
- How does it work at the Point-of-Sale?
- How do I control my costs with the ever fluctuating prices of oil?
- Do I need to provide an incentive to make alternative payments more successful?
- What decision factors should I use when choosing between an open-loop vs. a closed- loop system?
- The landscape of alternative payment offers grows daily – what factors should I use when choosing a partner?
- Do the traditional brands really care about the impact of alternative payments?
- Would my consumers really want to use an alternative form of payment?
Watch my blog over the next few weeks as I discuss the results from the Retail Credit Card Session – Alternative Payments – Challenges and Opportunities (http://www.linkedin.com/in/peterguidi)
How well was the panel attended? Good Questions?
Very well thank you. I’d welcome your input.