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2952: How BT Group's Incubation Hub Etc. is Revolutionizing Small Business Payments

2952: How BT Group's Incubation Hub Etc. is Revolutionizing Small Business Payments

FromThe Tech Talks Daily Podcast


2952: How BT Group's Incubation Hub Etc. is Revolutionizing Small Business Payments

FromThe Tech Talks Daily Podcast

ratings:
Length:
21 minutes
Released:
Jul 4, 2024
Format:
Podcast episode

Description

In this episode, I sit down with John Gutch, the FinTech Product Director at Etc., the incubation arm of BT Group. Have you ever wondered how small businesses can streamline their payment processes without investing in additional hardware? This episode brings exciting news for entrepreneurs and small business owners looking to modernize their payment systems with minimal hassle. BT Group, in collaboration with the financial technology platform Adyen, has introduced the BT Tap to Pay app. This innovative solution allows small businesses to accept contactless payments directly via their iPhone, eliminating the need for additional devices. Available now on the Apple App Store, BT Tap to Pay leverages the iPhone's robust security features and the reliable EE network, enabling businesses to process payments from virtually anywhere. John Gutch delves into how this service offers a competitive 1.4% transaction fee and ensures funds are available within 48 hours. This move addresses a significant pain point for small businesses—handling payments on the go or remotely. With early positive feedback from diverse sectors like driving instructors and food trucks, the BT Tap to Pay app is proving to be a game-changer. Join us as we explore how BT’s innovative approach through its Etc. incubation arm is not only simplifying payment processes but also pushing the boundaries of what’s possible with emerging technologies. From converting old broadband cabinets into EV charging stations to continuously learning and evolving, BT is at the forefront of tech innovation. How do you think technology like BT Tap to Pay can impact small businesses? Share your thoughts and join the conversation.  
Released:
Jul 4, 2024
Format:
Podcast episode

Titles in the series (100)

Fed up with tech hype and buzzwords? Looking for a tech podcast where you can learn and be inspired by real-world examples of how technology is transforming businesses and reshaping industries? Keep informed of the latest business and tech trends by listening to stories of other people in your field and how they are overcoming challenges with emerging technologies. Learn from the guest's actionable tips, and lessons learned to obtain greater clarity and how you can leverage technology. In this daily tech podcast, Neil interviews tech leaders, CEOs, entrepreneurs, futurists, technologists, thought leaders, celebrities. I have also teamed up with Citrix and its Citrix Ready partners to reveal how they are solving problems together while building the future of work. We discuss how tech trends such as AI, machine learning, 5G, IoT, AR, VR blockchain, crypto, and digital transformation strategies are already reshaping our world. Guests from every industry educate listeners through sharing their road to success, startup stories, and how technology transformed their business and life. Join me for a daily dose of optimism and motivation as I prove that technology really does work best when it brings people together.