At Money20/20 Europe, Regis Folbaum, CEO of STET and Gabrielle Bugat, CEO of Giesecke+Devrient had an insightful conversation about the future of domestic payment schemes in an increasingly dynamic ecosystem.
✅And Guess What ??? Some local schemes are on the rise ????and their future can look very bright ????… if they find the right partner(s)!
Legacy rather than a limitation can serve as a strong foundation for leadership.
Leveraging their assets with powerful digital capabilities such as xPay, Card on File and Click to Pay, French domestic card scheme Cartes Bancaires CB and STET are a robust proof of such a case.
No doubt that the journey will be long and that new features will come to serve European sovereignty in Payments.
Thank you to Money20/20 for providing us the opportunity and the platform to address such a vivid topic.
PS: Having a Money20/20 organization with a such a sense of humor that they will program this topic on the Mastercard Horizon Stage, hashtag#Priceless... for everything else... please take a look at our slides