Dubai to play host to the 5th annual
Prepaid Summit: Middle East in March 2014
Experts To Discuss Next
Steps in Prepaid Revolution
Prepaid Summit: Middle East 2014
in association with Visa
Conference and Awards Dinner
March 19 2014
Dubai UAE,
January 2014: The region’s fifth annual conference dedicated to the
prepaid sector, Prepaid Summit: Middle East will take place in Dubai in March
this year to discuss the emerging trends of the global and regional prepaid
market.
The
global prepaid market is on track to achieve strong growth over the next three
years, according to Douglas
Blakey, Group Editor for Consumer Finance at Timetric
Financial Services and spokesperson for the upcoming event; he placed revenues
in 2017 at US$800 billion.
“The
region-dedicated Prepaid Summit has been on the heels of the growth trend for
five years now. This year’s conference agenda is well-equipped to showcase
global growth phenomena in a local context.
“In fact, our
speakers will consider how this role is reversed by taking a look through the
regional lens to explore how prepaid in the MENA region reflects the global
growth,” Blakey said.
He indicated that more than
150 industry leaders will listen to the Summit’s expert speaker line-up throw
light on topics such as the most region-relevant regulation, map the evolution
of prepaid and consider how prepaid is changing the corporate and consumer
financial service markets. Visa is again supporting the event - scheduled
for March 19 at Dubai’s Conrad Hotel - as title sponsor.
“The increasing awareness of
prepaid products among consumers is creating new expectations and marketers
must gear up and fast develop new, engaging and relevant card products,” Blakey
stressed.
He cited the key drivers
influencing the regional prepaid market as increased mobile-enabled internet
use and strong retail growth.
“The 2014 summit will bring
the experts together to create a map for future. Prepaid continues to evolve
across the Middle East, and the conference agenda clearly reflects this,” he
added.
Awarding industry
efforts
Blakey also noted
that the Annual Prepaid Middle East Awards is once more set to recognise
developments made and performance achieved over the past 12 months with
specific selection criteria for each individual award.
The deadline for
awards nomination is February 3 2014 and submissions can be made via the event
website http://www.cardsinternational.com/event/prepaid-summit-middle-east-2014/awards/
Registration for the pre-event workshops
and one-day summit can be done online at http://www.cardsinternational.com/event/prepaid-summit-middle-east-2014/attend/