Paynear wins big at CMO Asia Excellence


Hyderabad: Paynear Solutions, a start-up based out of Hyderabad and the emerging national leader in the payments industry, has won the esteemed award for the Best Use of Mobile Technology in Financial Services in Asia at the 8th CMO Asia Excellence Awards held in Singapore.

The CMO Asia Awards is a premium forum that brings together elite marketers, brand custodians, advertising and creative honchos from over 41 countries in Asia, under one roof. As an invitation-only event that takes place behind closed doors, the program offers top marketing professionals, agencies and consultants, an intimate environment for recognizing and rewarding excellence. The Awards aim at recognizing the best industry professionals for their outstanding contribution in their respective fields.
Pitted against some stiff competition in the category, Paynear emerged as a winner, thanks to its innovative use of technology to help the seamless processing of omni-channel transactions across platforms.

On this occasion, Ms. Priti Shah, CEO – Paynear said “It’s our privilege to be considered and awarded in this category. Paynear will continue its contribution towards innovation in digital payments & technology in India and other Asian markets, to bridge the gap between the traditional and digital arena. It was indeed a proud moment for the entire Paynear team”.

From a start-up in 2014-15, to becoming the market leader in omni-channel transactions processing in India today, Paynear has indeed come a long way. While in the first three years its focus was to survive, stabilize and break-even, the attention has now shifted to serious business expansion. With firm sights at both domestic and international expansion, and with attention to both horizontal and vertical growth, Paynear is on its way to becoming one of the largest players in the transactions processing domain. With its unique approach towards strategy, security, customer service and the future of technology challenges and innovations, Paynear promises to excel in the years to come.