PhotonPay, a next-generation financial operating system, received three awards at the Mastercard Annual Partner Awards. According to ChainCatcher, the accolades include the New Product Launch Award for its physical card, the New Service Launch Award for MDES digital enablement, and the New Service Launch Award for consulting services. These awards highlight PhotonPay's role in reshaping global financial infrastructure for enterprises.
PhotonPay's physical card, issued through the Mastercard network, offers real-time transaction tracking, multi-level spending controls, 3D Secure authentication, and reduced cross-border transaction fees. Its open API allows for customized solutions for businesses.
The MDES digital enablement award recognizes the integration of PhotonPay with Mastercard's digital services, allowing virtual and physical cards to be linked to Apple Pay and Google Pay within seconds, using tokenization for secure transactions.
The consulting services award acknowledges the collaboration between PhotonPay and Mastercard's expert team in developing compliant and competitive card solutions for global clients. PhotonPay's CEO, Lewison, stated that these honors reflect Mastercard's trust in PhotonPay and the company's commitment to high standards in building financial infrastructure for global enterprises.