FinTech Magazine - March 2021 | Page 75

QUOTE MAKERS
Sarel Tal
Peter O ' Halloran
PAYMENT SOLUTIONS
branches . Reportedly , use of the card would also be used to transfer benefits directly to citizens .
Concluding his thoughts on transport in a smart city , O ’ Halloran adds that the conversion of non-digital municipal systems like parking could be significant for consumers . “ There ' s a huge body of work when it comes to managing traditional meters and infrastructure . Replacing it with app-based solutions that aren ’ t owned by urban councils could provide more choice and ease of use for citizens . Fiserv

QUOTE MAKERS

Sarel Tal

VP EMEA , RAPYD contactless methods in a number of cities , such as London .”
O ' Halloran also highlights the emergence of government-issued ID cards for citizens , which can subsequently be used for essential functions around a city , including social payments and access to grants and initiatives . PwC outlines a similar concept in ‘ Creating smarter cities through digital payments ’: based on a corporate case study in India , it describes “ an open loop prepaid card which can be used for payments across multiple services such as transport , municipal taxes , government owned activities , etc .” In this example , citizens were able to ‘ top-up ’ this card at designated offices and bank
Tal joined Rapyd in October 2019 . Prior to his appointment , he was involved in the payment industry for over 15 years , including payment processing and card acquisition .

Peter O ' Halloran

VICE PRESIDENT AND GENERAL MANAGER OF GLOBAL DIGITAL COMMERCE , FISERV
Joining Fiserv in 2013 , O ’ Halloran has distinguished himself with a number of executive roles at leading companies in the payments space . He holds a BA and MSc from Dublin City University in International Business & Languages ( 1996 to 2000 ) and Electronic Commerce ( 2000 to 2001 ) respectively . fintechmagazine . com 75