PayQuicker Named Finalist in the PayTech Awards For Best Cross-Border Payments

PayQuicker is proud to announce that we have been recognized as a finalist by the Fintech Futures PayTech Awards in the Best Cross-Border Payments Solution category. The awards program has been recognizing excellence in payments technology for the past eight years. An independent panel of industry experts vigorously judges nominations. 

PayQuicker has earned this recognition for our work pioneering a new category in global payments with our Global Payouts Orchestration platform. PayQuicker is solving the complexity of cross-border payouts with a smarter, faster, and more cost-efficient approach than competitors. 

PayQuicker has facilitated millions of payments and disbursed billions of dollars annually for leading enterprises and innovative startups. Helping us stand out further to the judges, in the past year we have also implemented these product enhancements to transform the payor and payee experience:

• Debuted our Common Bank Application: This is designed to transform and streamline the bank approval process for our clients. Previously, clients faced the cumbersome task of securing approvals from several different bank partners, each with its own set of criteria, forms and required documentation. Our Common Bank Application eliminates these hurdles by offering a unified platform that integrates all required bank approvals into a single, seamless process. This solution significantly enhances the client experience by simplifying the approval workflow and reducing administrative overhead.
• Expanded our global e-Wallet capabilities through our partnership with Thunes: The collaboration addresses the increasing demand for more diverse, and flexible payout methods, especially in emerging markets where e-Wallets serve as essential bank alternatives. By teaming up with Thunes, we’ve enabled millions of people around the world to receive their funds faster and more securely. We now offer access to over 120 e-Wallets in key emerging markets, enhancing the speed, ease, and efficiency of financial transactions worldwide. This extensive network includes popular e-Wallets such as GCash in the Philippines, Orange Money and M-Pesa in Africa, Daviplata in Colombia, and Alipay in China.
• Expanded instant, seamless clinical trial payouts for EU and UK: We announced the expansion of our instant payout and local currency solution for clinical trials across Great Britain (U.K.) and the European Union (EU). This real-time digital payment solution offers secure, compliant, and seamless participant compensation to streamline payout operations for clinical trial organizers, including eliminating the need for onsite card issuing. According to GlobalData’s 2024 Clinical Trials Report, over 60% of clinical trial participants cite timely compensation as a critical factor in engagement and retention, making this a critical and relevant offering on behalf of PayQuicker. 

PayQuicker continually evaluates the evolving needs of businesses and payees to ensure its payout features are fast, frictionless, and leading the market in payor and payee satisfaction. We have plans to debut additional features in the coming months. Continue to check out our Insights page for updates.

This recognition follows PayQuicker’s recent prestigious honor as an American Banker Best Place to Work, for the second consecutive year. In 2024, PayQuicker was also named the winner in the Best Cross-Border Payments Solution Category by the PayTech Awards USA. To learn more about how PayQuicker can meet your needs for streamlined cross-border payouts, connect with us today.