Cambridge, MA – March 21, 2016 At Harvard’s historic Memorial Hall, a 2016 PYMNTS Innovator Award went to Transactis, a leading provider of electronic billing and payment solutions.
NACHA’s CEO Jan Estep presented Transactis a “Best Innovation in ACH” medal for BillerIQ, a unique SaaS technology that powers companies of every size to easily deliver digital bills and process ACH payments. The PYMNTS Innovator Awards are viewed as the most prestigious recognition in the payments industry and boast a submission, selection and voting process that is unmatched in intellectual rigor and competitive energy. In addition to facing 9 judges at the top of the payments industry, award candidates received thousands of votes from their payments peers.
“We had a record breaking amount of votes this year and thanks to our impressive caliber of judges, we were able to truly recognize the best of the best in the payments industry,” said Karen Webster, CEO of PYMNTS.com. An extraordinary assembly of CEO’s spoke at the forum this year including Visa’s Charles Scharf, PayPal’s Dan Schulman, Verifone’s Paul Galant, Western Union’s Hikmet Ersek and First Data’s Frank Bisignano. At the conclusion of the two-day thought leadership event, the winners were announced during a live ceremony and awards dinner.
Transactis reaches over 20 million households and businesses processing hundreds of millions of bills and payments depositing billions of dollars. This award recognizes BillerIQ’s 100% year-over-year exponential growth.
“Serving the most demanding banks and billers has made Transactis an electronic payments leader,” says Transactis’ CEO Joe Proto. “I am honored to accept this award on behalf of our entire team, who are dedicated to the highest quality and most innovative technology in the payments industry.”