Feb. 17, 2022


Estefanía Nájera Abraham

Mexico

Estefanía Nájera Abraham

Director of Operations and Business, PayNways

"This is just the beginning of our consolidation in the Mexican financial market as a real-time payment service provider."

BIO

Estefanía Nájera Abraham an industrial engineer with master's in financial technology and is currently Director of Operations and Business in PayNways. She joined the company five years ago and has risen quickly. Working with PayNways has given her groundbreaking experiences with the ability to have a different perspective of the world and led me to believe that with correct vision and consistent execution growth can be exponential.Estefanía Nájera Abraham an industrial engineer with master's in financial technology and is currently Director of Operations and Business in PayNways. She joined the company five years ago and has risen quickly. Working with PayNways has given her groundbreaking experiences with the ability to have a different perspective of the world and led me to believe that with correct vision and consistent execution growth can be exponential.


What do you consider to be your most important achievement of 2021?

PayNways has added four new customers in Mexico. This is just the beginning of the consolidation of our position in the Mexican financial market as a real-time payment service provider. Our products (PayGlobal360) for QR payment processing went live for BANXICO CODI in Mexico, which enables merchants and consumers to make and accept payments in real-time and instrumental in reducing the commission and fees-based structures in financial services offering, We continue to innovate and offer solutions to our customers to enable financial inclusion at the bottom of the pyramid, which continues to be one of our main objectives. Globally, we have opened offices in Canada and Dubai taking our direct presence count to five countries, including the US that is our headquarters, Mexico, and India. We are expanding our borders and reach new customers with focus on real-time payment services. We are excited about working at full capacity and registering market progress in starting quarters of 2022.

Can you talk about the projects that you plan to launch?

Our products (PayGlobal360) will feature the greater use of AI and blockchain technology for payments security and agility, which will transition into the next level to help us enable different regions and players for financial inclusion. We are also expanding our platform with the capabilities of being direct participant and provider of payments processing for crypto exchanges involving real-time and ACH, and it will be an integral to our future product offerings in all the markets.

What trends are you seeing in open banking and fintech? How does Mexico compare globally?

Global trends in open banking initiated and driven by players in Europe but now all countries are realizing that they need to be acceptable to this new change and establish norms and regulation to implement this as soon as possible. This is something that we are watching closely over the next few years given the speed of growth. Frontrunners such as UK are transforming their laws for banking to make it available to mass market. The market implementation and acceptance bar have been good for countries around Europe which are also included. Asia, the US, and Canada are also getting on board. It is not easy as this type of transformation requires coordinated effort from multiple partners such as the regulators, financial institutions, and consumers. In Mexico, it is amazing that the Comisión Nacional Bancaria y de Valores (CNBV) has published open banking standards, although the current scope is smaller. We will observe step-by-step how Mexico approach opening banking over the next few years.

What do you consider to be your most important achievement of 2021?

PayNways added four new customers in Mexico. This is just the beginning of our consolidation in the Mexican financial market as a real-time payment service provider. This year we also launched our QR payment processing products (PayGlobal360) for BANXICO CODI in Mexico, which enables merchants and consumers to make and accept payments in real-time. This is instrumental in reducing the commission and fees-based structures that financial services often include. We continue to innovate and offer solutions to our customers that enable financial inclusion at the bottom of the pyramid and this continues to be one of our main objectives. Globally, we have opened offices in Canada and Dubai taking our direct presence count to five countries, including the US headquarters, Mexico, and India. We are expanding our borders and reaching new customers with a focus on real-time payment services. We are excited about working at full capacity and registering market progress in 2022.

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