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July 25, 2018
Hong Kong, July 25th, 2018 – As drone technology advances, large multinationals are looking to drones to help with deliveries and cut operational costs. But are consumers ready for the future of drone delivery?
Shoppers in Asia Pacific are some of the most confident when it comes to the concept of receiving drone deliveries and making payments via autonomous technology according to new research from Worldpay, a global leader in payments.
Worldpay’s research examined the viewpoints of over 20,102 consumers across 10 global markets, including China, Singapore and Australia in Asia Pacific. Consumers were asked about their opinions in relation to the Internet of Things (IoT); specifically, how comfortable they are with the concept of drones, and whether they would be happy to allow these machines to deliver parcels or collect returns. The research found that Asia Pacific shoppers are more comfortable than their global counterparts when it comes to drone delivery.
Phil Pomford, General Manager for Asia Pacific, Global Enterprise eCommerce at Worldpay, said: “Shoppers in Asia Pacific are once again eager to lead the way in trying out new shopping technology and experiencing the future of retail sooner. Online merchants are already trialing drones capable of delivering packages at lightning-speed, and as shoppers become more comfortable and confident with autonomous technology, we can expect to see many opportunities for connected devices to make consumers’ lives easier.”
The rapidly growing presence of online shopping has made Asia Pacific a busy and prosperous market for parcel delivery. However, a natural consequence of such rapid growth has been the rise of parcel fraud, leading to missing items or fake courier scams and ultimately threatening to damage to consumer confidence when it comes to bringing new technology into the shopping experience.
Pomford added: “This is where payment technology will play an important role. By verifying the identity of the recipient before releasing the parcel, our proof of concept is an example of how technology can address the common problems associated with home delivery. The volume of parcels in transit will only increase, as shopping online increasingly becomes the channel of choice for Asia Pacific consumers. Merchants should therefore explore new ways of innovating their supply chain capabilities, to keep pace with demand.”
The research was compiled in partnership with Opinium and interviewed over 20,102 consumers about their opinion on the Internet of Things and drones. Research was conducted in 10 markets – Australia, Brazil, China, Germany, the Netherlands, Spain, Sweden, Singapore, the UK and USA.
Drone Pay is a prototype technology developed by Worldpay’s innovation team to understand how payment technology can be used to create more secure delivery and fulfilment for online retailers, whilst also adding an additional layer of buy authentication. The proof of concept uses EMV contactless payment card technology to authenticate the identity of the recipient. The technology is drone agnostic, and simply clips onto the drone model. The original drone remains unaltered. About Worldpay, Inc. Worldpay, Inc. (NYSE: WP; LSE: WPY) is a leading payments provider with unique capability to power global integrated omni-commerce, any payment, anywhere. With industry-leading scale and an unmatched integrated technology platform, Worldpay offers clients a comprehensive suite of products and services globally, delivered through a single provider. Annually, Worldpay processes over 40 billion transactions through more than 300 payment types across 146 countries and 126 currencies. The company’s growth strategy includes expanding into high-growth markets, verticals and customer segments, including global eCommerce, Integrated Payments and B2B. Worldpay, Inc. was formed in 2018 through the combination of the No. 1 merchant acquirers in the U.S. and the U.K., Vantiv, Inc. and Worldpay Group plc. Worldpay, Inc. trades on the NYSE as “WP” and the London Stock Exchange as “WPY.” Visit us at http://www.worldpay.com/global
Worldpay, Inc. (NYSE: WP; LSE: WPY) is a leading payments technology company with unique capability to power global integrated omni-commerce. With industry-leading scale and an unmatched integrated technology platform, Worldpay offers clients a comprehensive suite of products and services globally, delivered through a single provider.
Worldpay processes over 40 billion transactions annually through more than 300 payment types across 146 countries and 126 currencies. The company’s growth strategy includes expanding into high-growth markets, verticals and customer segments, including global eCommerce, Integrated Payments and B2B.
Worldpay, Inc. was formed in 2018 through the combination of the No. 1 merchant acquirers in the U.S. and the U.K. Worldpay, Inc. trades on the New York Stock Exchange as “WP” and the London Stock Exchange as “WPY.”
Visit us at www.worldpay.com.
Emily Lahey, +44 (0) 203 664 5663 PR Director Worldpay, Inc. email@example.com
Annie Wang, + (852) 2501 7918 Golin firstname.lastname@example.org
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