LeWeb 2013: Paytrail – The Problems With Modern Day Payments

Tom Brewster is TechWeek Europe's Security Correspondent. He has also been named BT Information Security Journalist of the Year in 2012 and 2013.

Paytrail says it is going to shake up the payments space

Payment systems on the Internet are too complicated, says CEO of start-up Paytrail, Lennu Keinanen. The Finnish firm thinks its model, based on a PIN system, is simpler and better.

How will it take on the likes of PayPal though? And what of the threat of e-currencies like Bitcoin? Keinanen tells us all about how Paytrail plans to thrive in a competitive marketplace.

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