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/