Asia Fintech Awards shortlists Compass Plus Technologies for Payments Tech of the Year

Compass Plus Technologies’ award-winning payments platform, TranzAxis, has been shortlisted for Payments Tech of the Year at the Asia Fintech Awards. The awards aim to celebrate the biggest achievements and successes of the region’s best and brightest fintech and financial services organisations.

TranzAxis, an open development issuing and acquiring payments platform from Compass Plus Technologies, made the shortlist in recognition of its innovative nature. The third-generation platform enables financial institutions (FIs) to take control of their payments ecosystems and make customisations independently, which allows them to react quickly to market changes, improves time-to market for the release of new products and services, and delivers better experiences to their customers.

TranzAxis is utilised by various forward-thinking FIs across Asia, such as MOHANOKOR MFI, Yoma Bank, and National Citizen Bank, to future-proof their payments infrastructure and help drive payments innovation in the region.

Sergey Putenikhin, VP & Eastern Joint Regional Directorate Managing Director at Compass Plus Technologies said: “We are thrilled that our market-leading payments platform, TranzAxis, has been shortlisted for the Payments Tech of the Year award in recognition of its innovative, forward-thinking nature and for its use by financial institutions within Asia, helping them drive positive change in the region. We look forward to continuing our work with our partners to further innovate the Asian payments market, ensuring their needs are met both now and in the future.”