Payments with Purpose: Retaining Value Beyond the Card

For too long, businesses have accepted card network fees, chargebacks and slow settlement as the cost of doing business, quietly leaking value out of their ecosystems and into someone else's balance sheet. This session introduces 'Payments with Purpose': a way of thinking about payment infrastructure, powered by open banking, that puts businesses and communities back in control of the value they create.

Tom Hill, CEO of Zyntrix, walks through how open banking payments are already transforming sectors as varied as hospitality, property and accommodation, and membership communities, enabling account-to-account payments that settle in as little as 14 seconds, at a fraction of traditional card costs, with none of the friction of legacy rails.

The talk explores real-world use cases, including replacing card terminals in hospitality groups, powering rent and ancillary payment collection for accommodation operators, and partnering with purpose-led organisations such as The Sports Circle, where the PAIR programme (Positive Actions Increase Rewards) shows how payments can actively reward good behaviour rather than simply process it.

Attendees will also get a first look at what's next: recurring open banking payments and commercial variable recurring payments (cVRP), the technology set to challenge direct debit and card-on-file as the default for repeat payments.

Whether you're a business owner tired of card fees eating into margin, or simply curious about where payments are heading, this session leaves you with a clear, practical understanding of how to make your payment infrastructure work harder for your business, your customers and your community.