Payments of the future
As the habits of both consumers and businesses continue to change, so does digitalization continue to transform every sector, and the payments industry has followed this trend by meet the market’s expectations. Paying must now be easy, quick, but also secure – anywhere and with any payment method. New players – think Fintech – are leading way, followed closely by traditional banks, both using new technologies to develop innovative solutions, such as instant payment, biometrics, e-wallets, integration with professional software. But what is at stake? Rise to the expectations of all stakeholders, while making Europe a central space dedicated to the payment industry. We met with Olivier Guiot, Head of GAM & Offering in the card and digital payment business unit at Giesecke+Devrient, an international group specialized in payment security solutions, to better understand the challenges surrounding payments – and their future.