Following a successful launch in 2022, the Electronic Money Awards are back for a second year..
Created by Holiston Media, the Electronic Money Awards 2023 celebrate the innovation in the global e-money issuers and payment service providers sector, singling out those businesses who are championing the most innovative products and providing the highest levels of service to their customers.
This year’s awards will cover key areas in both the corporate and personal digital finance sectors including: Bank Transfer Solutions, Cryptocurrency Exchanges, Cryptocurrency Payments, EMI’s (Electronic Money Institutions), High-risk Merchant, Payment Gateways and Payment Solutions.
Explains Mike Boydell, Director at Holiston Media, “Last year’s awards were incredibly popular with over 2000 votes cast overall. We expect this year’s to be even more successful. All companies that have put themselves forward during the self-nomination period will go on to make up the final awards nominee list.”
The self nomination period is now closed, the final nominees will be voted on by the business and professional communities using the products and services in order to select each of the award category winners. After all the votes have been received and collated, the winners will be officially announced in March 2023.
The voting period will take place from 4th-31st January 2023 and award winners will be announced in March 2023.
14 NOVEMBER - 12 DECEMBER 2022
The self-nomination period for the 2023 awards is now closed
4 JANUARY - 31 JANUARY 2023
The voting period to decide on the winners at the 2023 award opens. Over the following 4-weeks nominees will be voted for by business and professional communities.
3 MARCH 2023
The winners of the 2023 awards will be announced.
Best Bank Transfer Solutions
Bank Transfer Solutions that work for individuals and their money have become paramount. This award will recognise who is offering the best Bank Transfer Solutions. Our winner will have built a foundation of offering competitive rates with an accurate, real-time reading of global exchange rates.
Best Foreign Exchange Service
The winners of this award will pride themselves on providing a cost-effective, innovative and tailored FX exchange to multi-sized businesses across a wide range of industries.
Best Cryptocurrency Exchange
Cryptocurrency Exchanges offer people a place to purchase, sell and trade altcoins. The winner of this award will be highly-committed to making it easier for investors to buy, sell and trade all variants of cryptocurrencies.
Best Cryptocurrency Payment Solution
Cryptocurrency Payments enhance the payment process with the use of digital currencies now used on an everyday basis. This award will reflect on who are the true leaders in cryptocurrency payments.
Best High-Risk Merchant Payment Solution
Traditional banks tend to avoid High-Risk Merchant Payments. With high chargebacks, discounts, fraud and higher volume turnover commonplace, the winner of this award will be a merchant looking beyond the risks involved and provide unparalleled service and solution.
Best EMI Solution – FX
More businesses are now looking for innovation when it comes to their digital approach to finance. This award focuses on the merchants offering the most comprehensive and innovative solutions available to the field of forex trading.
Best EMI Solution – Gaming
An extremely profitable component of the gambling industry, online gaming is however risky. This award will be for the merchants that look beyond the risks and strive to offer service and solutions that go above and beyond.
Best EMI Solution – Offshore
More businesses are now looking for innovation when it comes to their digital approach to finance. This award focuses on the merchants offering the most comprehensive and innovative offshore financing solutions available.
Best Payment Gateway Solution
Payment gateways provide a secure method for handling customers payments. The winner of this award will relish the task of offering the highest level of service and security when it comes to data encryption, payment authorisation, order filling and processing, and delivery address verification.
Best Innovation in Payment Solutions
Innovation has continued to be vital in the transformation of the payments industry. It is a cornerstone of financial technology and particularly important to the payments sphere. The winner of this award will be leading from the front in payment innovation.
Overall EMI of the Year
Electronic Money Institutions are continuing to gain in popularity with more and more businesses looking for an innovative digital approach to their banking and finance. Cutting-edge technology, user-friendly interfaces, payment transparency, increased security measures and overall customer satisfaction have been a driving force behind their surge. The winner of this award will be an authorised e-money institution offering a package to suit all requirements.
Overall Payment Solution of the Year
The payments industry is at the centre of a banking revolution. Traditional banks, once the guardians of payments, have lost out to proactive fintechs. Payment processing has taken full advantage of the technological advances that are changing the way that businesses buy, transfer funds (domestically and internationally), and expect money to be readily available. The winner of this award will be adoptive of new advancements and technologies so that they can offer their clients the latest in payment solutions.