Payment resilience is more than cybersecurity

At the Future of Payments conference, experts discussed the importance of resilience in the payment sector, emphasizing collaboration and user trust. They highlighted that resilience goes beyond technology security, requiring adaptability to crises and financial stability of users. The discussion also addressed the risks posed by geopolitical tensions and the need for global partnerships. Marta Życińska from Mastercard noted that resilience includes service reliability and user confidence, while Mateusz Oleksy from Visa pointed out the complexities of a diverse payment ecosystem. Ruth Goodwin-Groen urged Poland to engage in global initiatives to influence payment standards and ensure innovation access. Joanna Erdman emphasized the collaborative efforts among competitors in the Polish market to enhance payment methods.