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2020 AWARDS CATEGORIES

There are three types of awards to enter

The three groups of categories are: the PayTech Project Awards, the Leadership Awards and the Excellence in Tech Awards

Finding the right category to enter

There are three types of categories to choose from.
Click on 'Go to the awards' under each title or scroll down to find out more.

PayTech Project Awards

For banks, financial and payment institutions to enter.

Go the awards
Excellence in Tech Awards

For technology services and software providers to enter.

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Leadership Awards

For any individual or team to enter.

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PayTech Project Awards

For banks, financial and payment institutions, winning a PayTech Award proves the value of their technology investments and showcases their skills, commitment, creativity and execution.

Best Consumer Cards Initiative

An initiative in the consumer/retail cards space – in the physical or virtual environment – that has brought tangible improvements to the end-user as well as the organisation providing the product/service, increased the organisation’s efficiency and competitiveness, and is commercially viable.

Best Corporate Cards Initiative

An initiative in the consumer/retail cards space – in the physical or virtual environment – that has brought tangible improvements to the end-user as well as the organisation providing the product/service, increased the organisation’s efficiency and competitiveness, and is commercially viable.

Best Consumer Payments Initiative

An award for a payments project focused on the needs of the corporate/commercial sector, which has resulted in tangible benefits for the end-user and the organisation, brought clear improvements, increased the organisation’s efficiency and competitiveness, and is commercially viable.

Best Corporate Payments Initiative

An award for a payments project focused on the needs of the corporate/commercial sector, which has resulted in tangible benefits for the end-user and the organisation, brought clear improvements, increased the organisation’s efficiency and competitiveness, and is commercially viable.

Best SME Payments Initiative

An award for a payments project focused on the needs of the small and medium enterprises (SME) sector, which has resulted in tangible benefits for the end-user and the organisation, brought clear improvements, increased the organisation’s efficiency and competitiveness, and is commercially viable.

Best E-commerce Initiative

An award for a payments project focused on the needs of the e-commerce sector, which has resulted in tangible benefits for the end-user and the organisation, brought clear improvements, increased the organisation’s efficiency and competitiveness, and is commercially viable.

Best Mobile Payments for Consumer Initiative

A payments initiative for retail customers to use on their mobile devices/smartphones. Wallets, P2P payments, remittances/money transmission services, vouchers and cheques, bill payments, payment apps and any other areas are applicable – but they must be mobile-focused.

Best Mobile Payments for Business Initiative

A payments initiative for business customers to use on their mobile devices/smartphones. Wallets, P2P payments, remittances/money transmission services, vouchers and cheques, bill payments, payroll, payment apps and any other corporate/commercial areas are applicable – but they must be mobile-focused.

Best PayTech Partnership

A successful collaboration between two or more organisations in the payments industry that has achieved measurable success based on innovation, impact and scalability.

The partnership should demonstrate benefits to all the partners involved, as well as deliver a viable product/service to the end-user.

This is not an award for a seller-buyer type deal – as this is not really a partnership but is rather a standard transactional relationship. 

Best Prepaid Initiative

A prepaid product/service that has addressed customer needs, delivered genuine and demonstratable value to the customer, utilised technology, and resulted in commercial success for the organisation.

Best Benefits/Loyalty Initiative

A benefits/loyalty product or service that has addressed customer needs, delivered genuine and demonstratable value to the customer, utilised technology, and resulted in commercial success for the organisation

Best Use of Biometrics in Payments

A successful application of a biometrics solution that has facilitated transactions at any stage of the payment process, made it easier, faster, more seamless and efficient, whilst ensuring full security and protection.

Entries should include tangible results that demonstrate the benefits of the solution implementation.

Best Use of Security/Anti-Fraud Solution in Payments

A successful application of a security/anti-fraud solution that has helped to protect customer transactions at any stage of the payment process or has protected users from all kinds of fraud, be it digital or at physical locations (e.g. POS/ATM).

Entries should demonstrate the security/fraud prevention improvements as a result of the solution implementation.

Best UX/CX in Payments Initiative

A successful design (or a drastic redesign) of a digital payments-related product or service focused on the customer/user experience (CX/UX) that has resulted in considerable improvement in user uptake, efficiency, ease of use and customer satisfaction.

Best Contribution to Economic Mobility in Payments

Using paytech to champion financial inclusion and economic mobility. Examples include payment products/services for the underbanked communities and areas; products and services for specific demographics that are often overlooked, such as children and pensioners; innovative salary and benefits management tools; increasing financial literacy; promoting and promoting financial health etc.

PayTech of the Future

Using emerging technologies, putting in practice innovative ideas, reimagining processes and user journeys – this award is a for a product/solution/service that will define the future of paytech. It can be applicable to any stage of a payment process and any business line.

Give us something genuinely innovative, forward-thinking and that puts you and your project ahead of the curve in the paytech space!

Best Green Initiative

The award will laud an organisation for its endeavours related to sustainability and resource conservation (wherever applicable) and for making a substantial positive impact on the environment.

Technologies, processes, products and services in the payments space are all eligible in this category.

PayTech for Good

The award will honour an organisation for its outstanding contribution to a charitable cause, for example, through funds donated, services offered pro-bono, or a creative volunteer programme.

Whether it’s for demonstrating a strategic commitment to tackling social issues, developing innovative ways to engage employees in supporting the local community, or for outstanding collaboration with industry peers to deliver maximum, sustainable impact for charitable causes, this award will recognise the vision, leadership and spirit of collaboration that going beyond basic Corporate Social Responsibility (CSR) requires, and the universal and lasting positive change it inspires.

The Paytech for Good Award celebrates organisations that actively put the wider community first and demonstrate the values of connection, collaboration and generosity above and beyond the usual confines of business goals. This is not an award for paid-for services or technology.

Leadership Awards

For individuals and teams, the Leadership Awards are a prized acknowledgement of the demonstrated skills, leadership, vision, inspiration and dedication to the industry’s betterment.

Woman in PayTech

The Woman in PayTech Award will laud an outstanding woman for her distinguished leadership and inspiring work in her organisation, and, equally importantly, making a positive impact on the wider payments services industry.

PayTech Leadership

The PayTech Leadership Award will go to an individual – a man or a woman – for playing an instrumental role in devising and/or delivering the technology strategy to support the key business objectives of an organisation, and going above and beyond their role duties.

We are looking for an individual who is truly making an impact in the payments industry and contributing towards the industry's betterment

Rising PayTech Star

The Rising PayTech Star Award celebrates driven, inspirational and dynamic paytech professionals – both men and women – looking to make their mark on the industry.

The judges are looking for determined role models – whatever their age, gender or career standing (provided they are relatively new to paytech!) – with ambition to make an impact, hunger for knowledge, enthusiasm to develop their skills further and successfully rise to the challenges of the paytech sector.

PayTech Team of the Year

The PayTech Team of the Year Award will laud a team working in the paytech space that has stood out for its teamwork, efficiency, collaborative spirit and going above and beyond in achieving the goals and delivering value to the project/organisation.

We are looking for a team that can demonstrate what it means to work together for a common goal and produce outstanding results.

Excellence in Tech Awards

For technology services and software providers, an Excellence in Tech Awards is a valuable recognition and endorsement by the industry.

Best Open Banking Solution

A paytech solution that supports the Open Banking needs and successfully delivers new client-facing products and services.

Best Real-Time Payments Solution

A paytech solution that delivers successful and high-impact business outcomes relating to real-time payments infrastructure.

Best Cross-Border Payments Solution

A solution for cross-border payments products and services that delivers successful and high-impact business outcomes relating to the international money movement.

Best Smart Payments Solution

A paytech solution that leverages emerging and smart technologies, such as artificial intelligence (AI), machine learning (ML), robotics and/or big data, to bring clear and measurable improvements to the organisation and customer experience.

Best Cloud Payments Solution

A payments solution that leverages cloud technologies to facilitate meaningful change to the way an organisation operates and delivers services.