London, 2nd February – The Emerging Payment Association’s (Payments Association) Project International Trade team will join The Lord Mayor in a trade mission to Australia and New Zealand this month. Suresh Vaghjiani, Managing Director at Global Processing Services who sits on the Project International Trade team, will accompany the FinTech and business delegation – led by the Rt Hon Lord Mayor, Alderman Charles Bowman. Suresh will represent the Payments Association as the UK’s leading community of payments influencers and thought leaders, and provide insight and expertise to an audience of Australia and New Zealand’s emerging FinTechs.
The visit will champion the UK as a hub for innovation in FinTech and cybersecurity, as well as the UK’s influence in asset management and green finance. The eight-day trade mission will encompass a coterie of activities including round table and panel discussions, innovation showcases, briefing events, and site tours. The trade mission’s activities will culminate in a dinner with business leaders and will provide a briefing to the delegation on the current business and political landscape in Australia, and the opportunities for UK PLC within the market.
Project International Trade, supported by Payments Association Benefactor Saxo Payments Banking Circle, encourages trade with non-EU target markets in the payments industry. Project International Trade delivers this through a programme of education, creating international trade channels, and engaging with UK and international governmental bodies and embassies. It has led delegations of UK PayTech companies in trade missions to China, Mexico and Serbia and has hosted a conference in Belgrade – funded by the Department for International Trade (DIT) and ERDF’s Global Growth Project. The project has been endorsed by Foreign Secretary, Boris Johnson, for its accomplishments in supporting and promoting international trade.
“We are seeing an increasing interest from emerging FinTech companies in Australia than any other region.”, commented Suresh Vaghjiani, Managing Director at Global Processing Services. “Their ambition to become the leading hub for FinTech in that region is clear and the exhaustive itinerary for this historic delegation shows their desire for the traditional operators to collaborate and partner with leading UK companies”
Anders la Cour, CEO of Saxo Payments Banking Circle and Payments Association Advisory Board member, added: “It is vital that there are no barriers to international trade and the work of the The Payments Association is vital in providing a platform for shared knowledge and expertise across the globe. We are at a critical juncture in terms of growth in the emerging FinTech sector and it’s crucial that everything possible is done to help businesses wanting to enter this marketplace – wherever they are in the world.”
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About the The Payments Association
The Payments Association connects the payments ecosystem, encourages innovation and drives profitable business growth. Our goals are to strengthen and expand the payments industry to benefit all stakeholders.
We achieve this by shaping a comprehensive programme of activities for our members with help from an independent board, which addresses key issues impacting the industry.
These include:
The Payments Association is over 115 members strong and growing. Our members come from across the payments value chain; including payments schemes, banks and issuers, merchant acquirers, PSPs, retailers, and more. These companies come together, from across the UK and internationally, to join our association, collaborate, and speak with a unified voice.
About Global Processing Services
Global Processing Services (GPS) is the issuer processor enabling many of today’s most high-profile fintech innovators and disruptors. It is certified by Mastercard and Visa to process and manage any credit, debit or pre-paid card transaction globally.
GPS enables the emerging payments industry to deliver breakthrough innovations through a unique combination of proprietary technology, its people and partners.
At the heart of its capability is GPS Apex, its single global issuer processing platform. Built entirely by its own payment experts, GPS Apex offers easy integration with Issuers, Programme Managers, card manufacturers and many other service providers.
It has integrated with over 40 issuing banks globally and operates programmes for 100+ clients in 60 countries using over 150 currencies, enabling its clients to innovate and deliver exciting new value propositions for end users around the world.
For more information: http://globalprocessing.net/
For media enquiries:
The Payments Association
Catharina Hartmans| Marketing Executive| catharina.hartmans@emergingpayments.org
Global Processing Services
Nim Haas | Head of Marketing | nhaas@globalprocessing.net
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