PayQuicker’s Payouts OS Named Winner of Most Innovative API/Open Banking Model Project by IBSi Global Fintech Innovation Awards
First-in-the-market payments-as-a-service platform enabling seamless cross-border payments recognized by IBS Intelligence
NEW YORK, NY / ACCESSWIRE / December 15, 2022 / PayQuickeran innovative financial technology leader in the global payments market, has been awarded the Most Innovative Project under the Innovative API/Open Banking Model category by IBSi Global Fintech Innovation Awards for its Payouts OS platform. Payouts OS is recognized for bringing enhanced payment functionality and choice to the international workforce through one of its partnerships with PPS, Europe’s leading provider of digital banking and payment services. PPS enables PayQuicker to seamlessly pay out rewards, incentives and commissions for its clients’ workforce located across the UK and Europe.
Payments OS PayQuicker packages trusted, time-tested technology into a first-in-the-market payments-as-a-service platform that meets the needs of gig economy workers and small to mid-sized businesses across a diverse range of industries, including clinical trials, insurance, gaming, marketplaces and more. Through a single Rest API that connects to multiple banks and global payment rails, Payouts OS intelligently determines and facilitates the fastest and most cost-effective method for clients to send payouts to businesses and consumers globally.
“With our best-in-class partners, Payouts OS enables a streamlined payout experience in more than 200 countries and territories,” said Charles Rosenblatt, president of PayQuicker. “We are honored to have our platform recognized for its innovation in delivering payments to gig economy workers and underbanks around the world.”
“With PayQuicker, we’re making global payments local, reducing costly cross-border friction and making payers happy payees,” said Rich Logan, Client Solutions Director at PPS. “Working with PayQuicker allows us to double down on our mission to support payroll management programs across the UK and EU and we look forward to growing as partners alongside PayQuicker.”
The fourth edition of the IBSi Global FinTech Innovation Awards identifies and honors technology players and banks for their excellence in driving impact through banking technology implementations and innovations using new technologies. This year, 151 nominations were submitted from 47 countries, which highlight innovative and impact-creating projects.
The PayQuicker platform is perfectly equipped to serve the needs of the growing global gaming economy, an estimated 78 million people, supporting over 40 major currencies to streamline cross-border payments. Leveraging partnerships including PPS, Mastercard, Pathward, Barclays, Convera, Corpay’s cross-border operations and Nium, the company provides instant payments at the lowest possible cost on a global scale.
About PayQuicker
PayQuicker is an innovative global financial technology company that provides its business and consumer customers with a robust payment and financial platform. Since 2007, we’ve revolutionized payments, enabling businesses of all sizes to offer instant payments across 214 countries and territories in over 40 major currencies via secured bank accounts with prepaid debit cards, virtual cards, local bank transfers and mobile wallets. PayQuicker leverages its award-winning solutions to serve the diverse needs of customers across industries. Our cloud-based and regulatory software stack enables clients to white label our products, providing fast and flexible consumption options during their own brand experience. Our mission is to provide customers with superior payment and purchasing power that immediately drives business growth with every login, payout, purchase or swipe. To learn more, visit: https://payquicker.com/.
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SOURCE: PayQuicker
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