Essay Zhu, Partner and COO of PayerMax, participated in the 24-Fintech Conference at the Riyadh Front Exhibition and Conference Center. Representing PayerMax, a leading global provider of payment solutions, Zhu led the panel discussion titled “Shaping Tomorrow’s Financial Services with Future Payments Infrastructure.” The panel also included a senior regulator from SAMA.
During the discussion, Zhu provided compelling insights into the future of cross-border payments. She emphasised how modern payment systems facilitate quicker settlement of cross-border transactions, how PayerMax integrates new technologies to enhance its payment solutions, and how the comprehensive value-added service capabilities that PayerMax provides support companies in addressing challenges in navigating the local landscape and expanding into global markets, especially emerging markets.
She also highlighted the critical role of regulatory bodies, which help payment platforms like PayerMax to innovate and provide seamless payment solutions. In this region, Saudi Arabia is leading the charge towards digital transformation under Vision 2030. Zhu underscored that modern payment infrastructure will make the world flat and financial services more accessible and affordable.
PayerMax has recently secured PTSP certificate from Saudi Payments, which is on behalf of the Saudi Central bank (SAMA) recently and is at the forefront of this evolution. It is committed to embracing new payment technologies, enhancing omnichannel real-time capabilities, and integrating AI to improve efficiency and reduce costs, all while driving financial inclusion in emerging markets like Saudi Arabia through its comprehensive and accessible payment solutions.
By aligning with Saudi Arabia’s ambitious goals, PayerMax is meeting the demands of a rapidly evolving global economy and setting new standards for efficiency and inclusivity in digital payments.
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