Latest success follows Best New Back Office Innovation and Best Service Organisation supporting the Payments Industry Awards at Emerging Payments Awards

London, 21st October 2016 – Saxo Payments, the ground-breaking B2B payments solution business which only started rolling out its innovative cross border payments proposition – the Banking Circle – nine months ago has been named Most Disruptive Payments Technology at the 2016 Payment Awards. Just one week after winning at the Emerging Payments Awards, this latest accolade reinforces the important role Saxo Payments is playing in the payments sector.

The Payments Awards recognise cards and payments excellence and innovation – and are organised by FStech and Retail Systems. Winning entries come from those companies, individuals and organisations who have launched and/or implemented the most outstanding payments solutions, initiatives and projects during the past year.

Commenting on the latest recognition for the company’s innovation, co-founder and CEO, Anders la Cour said: “The Banking Circle is shaking up the current landscape for businesses trading on a global scale.

“In just nine months we have secured more than 50 contracts, with a strong pipeline of new members continuing to sign up. And I firmly believe that our disruptive approach to cross border payments is at the heart of our success. Members can make and receive cross border transfers in seconds, rather than days, without the need for establishing multiple banking relationships.

“It is tremendously rewarding, therefore, to have our innovative approach, which isn’t afraid to challenge the status quo, recognised in such prestigious Awards.”