Day 2

13:30

14:00

Turbine Hall

Rails

Talk

Settle 27

Pay by bank, finally

Conversion, refunds and disputes: the numbers from a year of pay-by-bank at 2,000 merchants.

Imani Okafor speaks on stage, one hand raised mid-sentence against a black backdrop.

Abstract

Ferro Pay switched on pay-by-bank for 2,000 merchants a year ago. Imani Okafor shares the numbers: conversion against cards, refund times, dispute rates and the customer segments that adopted it first.

She ends with the two changes to refunds that would make pay-by-bank a default option at checkout.

Best for

Founder, Bank

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