Global payments technology company, FSS has banked four awards at the 7th edition of the Payments and Cards Summit, held in Mumbai. Most notably, the company received ‘Best B2B Payment Solutions Provider’ for the second year in a row.
Commenting on the win, Suresh Rajagopalan, President of Retail Payments at FSS, says, “we are honoured to have received the top honour of being the Best B2B Payment Solutions Provider among other awards at the prestigious Payments and Cards Summit Awards. Adjudged by senior bankers in the industry, the win validates FSS leadership and innovation capabilities in the fintech space and encourages us to raise performance benchmarks and deliver greater value to our customers.
FSS aims to help banks modernise their payments infrastructure and improve business performance, technology and operational efficiency in five key areas; card payments, merchant acquiring, digital banking, digital security and back-office operations.
The company is said to power online payment acceptance for 25+ Tier One Banks, central banks and payment processors. Their Gateway processes an approximate 58% of India’s e-commerce transactions.
FSS also manages ATM operations for more than 30 leading public and private banks across India. V Balasubramanian, President of Merchant & Terminal Business at FSS, says, “as one among the top three players in ATM managed services in the country, we believe that India’s most preferred channel for undertaking financial and non-financial transactions are ATMs and uninterrupted uptime for end-consumers is critical”.
“It is our endeavour to provide [consumers] with a hassle-free payments and settlements system, and our commitment is further reiterated with the recognition we’ve received at the Payments and Cards Summit Awards this year. We will continue to disrupt the industry with our solutions that are ahead of its time and empower Indians with the right of choice.”
Edited by Jenna Cook
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