StartUp Academy: Overcoming online payment issues

This month’s Academy welcomes two industry experts to discuss common online payment problems, and how to overcome them

The next Arabian Business StartUp Academy will take place on Wednesday, 22 July, focusing on online payment issues and how to overcome them.

Held in cooperation with RAK Free Trade Zone, the breakfast workshop will start at 8.30am at the Address Hotel Downtown Dubai, hosting Alaeddin Elmajed, payment manager at HyperPay, a service company for online merchants in the MENA region, and Sirish Kumar, CEO and co-founder of Telr, a Singapore and Dubai-based online payment gateway focused on emerging markets.

Elmajed, payment manager at HyperPay, will kick off the workshop by explaining to businesses the difference between the analytics that are published in the region versus their market insights.

Speaking about what the attendees can expect from his presentation, Elmajed said: “Analytics are just statistics. Everybody pays attention to statistics.

“While statistics in the region are important, they are not very reliable. The presentation discusses some the analytics that are published in the region versus our real world knowledge and insights.”

With a wealth of experience in the industry, Sirish Kumar, CEO and co-founder of Telr, will address the audience after a short networking break, to explain how they seized the opportunity in providing local payment services in local currencies and local languages in a few emerging markets.

Having held leadership positions in Motorola, Nokia, Cargill, and at PayPal as CFO for Southeast Asia, Kumar has also developed numerous financing solutions for B2B models, in collaboration with credit insurers and banks, which led to more than 100 percent top line profitable growth in new markets.

To register for this event and receive information about future Academies, please contact Amanda Elisha at amanda.elisha@itp.com

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