STP Summit to Host Key Leaders From Digital Payments Industry

Sistema de Transferencias y Pagos (STP) is gearing up to celebrate its 15th anniversary with the STP Summit on Nov. 9. The primary objective of this summit is to promote the democratization, expansion and integration of the 12 industries that STP collaborates with, all centered around the use of digital payment methods.

“One of the primary motivations for creating this event was to share STP’s growth and evolution over the past 15 years, alongside the broader industry,” said Jorge Vega, Marketing and Strategic Alliances Manager, STP. “We will be joined by industry leaders such as Huawei, Trully, Ekatena, Galileo, FAM Value, Deloitte and others during the event.”

During this inaugural event, conferences will delve into topics such as payment gateways, data management, cloud technology, digitization, security concerns like identity theft and the economic implications of the upcoming election term. 

"Our corporate philosophy has consistently prioritized providing customers with the greatest flexibility and speed in payment solutions. We have innovated in the fintech industry, emphasizing the highest standards of security and reliability," as stated on STP’s website. 

Fintech companies have emerged as catalysts for new business models, offering their customers reliable payment tools to streamline the payment process. In the case of e-commerce in Mexico, technology companies have played a significant role in driving its growth.

“STP was established to automate payments, allowing companies to focus on their core activities. Cash flow is the oxygen of any company, but it should not consume excessive time and resources. We help clients to focus on innovation, understanding their customers and developing their products,” explained Vega. 

STP was one of the first companies to implement Banxico’s Interbank Electronic Payment System (SPEI) to streamline electronic payments via a bank, the Internet or mobile banking platform for the general public. In its first year, the service processed 200,000 transfers, while in 2020 the number reached 1,248 million. In 2021 they reached 2,028 million and  2,834 million by the next year. (40% growth vs. 2020).

During the summit, there will be interesting conferences, like “Digital Payments; Money Laundering and Terrorist Financing Risks” with Iván Aleksei Alemán Loza, Partner, Aleman Santiago Abogados S.C. Huawei’s Chief BD Officer Omar Arab will talk about Exponential technologies to transform organizations and Daniela Montes de Oca, Comercial Product Manager for LATAM, Visa, will shine in “Evolution of B2B Transactions: New horizons in International Payments.” 

The STP Summit will take place in Foro Codere (Corona), Mexico City.