There has never been a better time to be in e-commerce. Multiple factors: accelerated move to online shopping, mobile penetration, increased levels of internet access, and growing financial inclusion more generally, are driving consumers to shop online, while new regulations and innovations are further enhancing the security for consumer payments. This provides an unprecedented opportunity for growth in e-commerce for retailers around the world. Much of this opportunity is in the geographies where we operate. Conquering new markets will be critical for extending customer bases and capturing growth, particularly for online businesses based in more saturated mature markets.
Mario Shiliashki, CEO, PayU Global Payments