TranzAxis recognised as one of the most innovative and exciting payments solutions in the world

TranzAxis from Compass Plus Technologies has been handpicked by Global Banking & Finance Review as the world’s leading open development payments platform and has been recognised in its Next 100 Global Awards. The Next 100 Global Awards highlight 100 of the most exciting, innovative and promising businesses and solutions around the world. Companies that make the list have displayed outstanding achievement and commitment to delivering products and services clients need, and are at the forefront of the banking and finance industry.

TranzAxis, an award-winning issuing and acquiring payments platform that powers hundreds of financial institutions (FIs) globally, made the list in recognition of its unique and modern open development architecture that enables the platform to challenge the world of legacy card-based infrastructures and help FIs build revolutionary future-proof payments ecosystems.

 “Card-centric payment systems have a shelf life, and TranzAxis expertly addresses this issue having been designed for the needs of the modern payments ecosystem that is everchanging and whose future is largely unknown,” said Maria Nottingham, Executive Vice President and Managing Director at Compass Plus Technologies. “This award acknowledges our efforts towards creating a market-leading platform that is set to truly revolutionise the world of payments.”