FinTech Magazine May 2019 | Page 58

MOBILE PAYMENTS
58 merchants can access their account data directly , streamlining the process by removing the necessity for intermediary payment services such as Visa and PayPal . “ I think it will absolutely transform the world of banking ,” he says , “ but also the world of payments . We will have faster , more seamless access to consumers ’ bank accounts . The key there is going to be making sure that all the measures are in place for that to be secure and for the consumer to have full control of who has access to their accounts .”
Shiliashki says there has been a considerable shift in recent years

“ PayU is making it much easier for small businesses to expand into new markets ”

— Mario Shiliashki , CEO of EMEA at PayU
MAY 2019