Mountain View, California / Cologne, Germany – Traxpay, a pioneer in business-to-business (B2B) real-time financial transactions, has been named “Best Payment Technology Provider of the Year” North American 2013 by the prestigious magazine World Finance. Since 2007 The World Finance Awards has identified and recognized industry leaders in the business world. The publication’s Technology Award honors innovative individuals and companies representing the benchmark for technologies globally. Winners are selected by both an esteemed jury and on the basis of voter participation amongst the over 120,000 readers of the publication around the world, many of whom hold C-Level positions within financial organizations.
This accolade underpins the market’s need and recognition for long overdue innovation in B2B payments. Traxpay’s SAP-certified, cloud-based platform enables instant payment execution and transactions around the clock and from anywhere. Through robust APIs, integration into existing IT infrastructures and ERP solutions is fast and easy. The ability to attached structured and unstructured data directly to a transaction allows for rapid reconciliation and settlement, and for enterprise customers with high-volume financial flows, this means streamlined business processes and enormous savings. Traxpay users also profit from real-time visibility into cash flows and liquidity, higher transaction security and better control over working capital.
“Corporations around the world have been waiting decades for innovations to bring an end to the inefficiencies surrounding payment processing, a central function affecting their ability to conduct business.” said John Bruggeman, Traxpay’s CEO. “We are honored to have been chosen by the editors and readers of World Finance for this award which acknowledges not only our leading-edge technology, but also our vision and determination to redefine the market for B2B payments.”
Traxpay provides the world’s first and only B2B financial transactions platform capable of executing payments and final settlement in real-time, anytime, anywhere, and with complete safety and security. Traxpay customers include digital marketplaces, corporations, and settlement networks who value the security, speed, and savings the platform, and its many features, provide. Traxpay solutions were built to address the needs of modern B2B commerce and accelerate business across the supply chain. The company is privately held and is headquartered in Mountain View, California, with operations in Frankfurt and Cologne, Germany.
Traxpay Media Contact:
Sandra Iris Eilenstein
ITPR Information-Travels Public Relations
T. +49 (89) 89 86 87 20