NovoPayment Named Winner in 11th Annual Pay Awards
Company recognized in category of Outstanding White-Label Platform
MIAMI – May 15, 2017 – Paybefore judges have selected NovoPayment’s Platform as a Service (PaaS) a 2017 Pay Awards winner, in the Outstanding White-Label Platform category. For 11 years, Pay Awards has conferred the most prestigious recognition of excellence in payments technology worldwide. The awards are presented annually by Paybefore, whose publications are the leading source of industry information for payments executives.
“We’re delighted to have our platform recognized by the industry and are grateful to the judges and many clients and developers that have chosen our white-label offering for faster deployment, lower capital expense, greater scalability and resiliency,” said Anabel Perez, CEO of NovoPayment.
NovoPayment Platform as a Service was selected by an expert judging panel that evaluated a stellar field of global nominees.
“As our industry changes, we remain committed to honoring innovation and excellence. Among the big themes in this year’s competition were solutions tailored to specific B2B, health care, T&E and cross-border payment needs,” says Loraine DeBonis, Paybefore editor-in-chief and chair of the judging panels. “We also saw a remarkable number of consumer-focused solutions with ingenious approaches to savings and incentives that are making a difference in people’s lives.
We’re proud to recognize NovoPayment for its contributions in propelling the industry forward.”
Born of the need to solve many of the bottlenecks and technical challenges common to the Americas, NovoPayment’s PaaS facilitates the creation of new financial services and payment products, as well as the integration of third-party systems via a bank-grade, highly scalable, and cost-effective subscription model.
NovoPayment’s Platform as a Service will now vie for Best-in-Category distinction, which will be announced in Pay News the week of June 12. Visitors to Paybefore.com will have a chance to vote on Best in Category through May 31. The outcome of this vote will be combined with the judges’ picks to determine Best-in-Category honorees, all of which will be profiled in the Pay Magazine – Awards Issue.
Miami-based NovoPayment enables financial services and payments innovation throughout the Americas through a cloud-based, bank-grade platform that supports varied disbursement, collection and digital financial services. The company helps banks, financial institutions, e-money issuers as well as the travel and transportation industry, digital content providers and others to leverage their existing legacy systems and services to generate new transaction streams and capture new deposits while reducing operational risk and accelerating time to market.