Compass Plus shortlisted for two Payments Awards

Compass Plus is proud to have been shortlisted in two categories in the 8th annual Payments Awards – Payments Innovation Award and Best Mobile Payments Solution.

TranzAxis, Compass Plus’ cloud-native open development payments platform, has been shortlisted in the Payments Innovation Award category. Hailed as “a visionary product” by industry experts PayX (Spring 2020), TranzAxis was purposefully built to enable innovators to innovate. Unlike traditional payments platforms, TranzAxis was built to meet the challenges of today’s and tomorrow’s payments landscape, from streamlining and modernising standard functionality to developing emerging payment technologies. Many financial institutions and fintechs across the world use the platform, including fintech decadorn Klarna.

Developed and built by Compass Plus, payments super app MobiCash has been shortlisted for Best Mobile Payments Solution. Built for both the acquiring and issuing side of the payments industry, MobiCash encompasses the inherent qualities of plug-and-play principles with a highly customisable environment, whereby every partner’s need is covered, from banks, tradesmen and market stalls to large retail chains, charities and utility companies. Financial institutions, merchants and service providers across the globe are utilising the power of MobiCash as part of their business strategies.

The awards, which recognise payments excellence and innovation, are organised by renowned industry publications FSTech and Retail Systems. Winners will be announced at an award ceremony taking place in London, UK on 12 November 2020.