Tim Jones, CEO of Simpay, talks to Parveen Bansal about the future direction of the payments industry and the power of technology to shake up accepted ways of doing things.

The payments world has evolved in a complicated way, says Tim Jones, chief executive officer of global mobile payments scheme Simpay. This state of affairs – due to “all manner of reasons” – has led to the current way in which the world’s payment systems operate, which he describes as “complicated, and by no means optimal”.

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