PAYMENT SOLUTIONS
THE BIG QUESTION : CAN GLOBAL PAYMENTS BECOME MORE LOCAL ?
Q . Which technologies facilitate PPRO ’ s local payments infrastructure ? CG : PPRO allows payment services providers , as well as enterprises with payment platforms , to plug into an extensive range of local payment methods preferred by consumers via a simple API .
While the API simplifies the integration for our clients , they can tap into a complex infrastructure of regulatory compliance , banking relationships , and local payment methods ( LPMs ) established by PPRO in over 80 countries worldwide . This allows them to offload complexities and avoid significant investment costs .
Meet Claire Gates …
Joining PPRO in April 2021 , Gates ’ appointment is the latest in an exciting career that ’ s included CEO of Paysafe Group , Group Head Key Issuers at Mastercard , MD at Virgin Money , and VP of Global Sales Strategy at American Express .
“ Having worked across four continents , I have experience both setting and executing strategies and launching and scaling new and existing businesses ,” she states .
She holds a BEng in Chemical and Process Engineering from Newcastle University ( 1995 ), an MBA from the University of Warwick ( 1996 ), and a Corporate Finance Diploma from London Business School .
Q . What are the most prominent security challenges of cross-border payments ? CG : Cross-border payments are more complex than domestic payments and , because of this , involve more risk and regulation . Prominent security challenges include fraud , money laundering , and other legal and compliance issues . PPRO helps reduce those risks and exposure to security challenges through four main approaches : processing , contracting , collection , and knowledge and data .
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