WingCash Named Winner in Ninth Annual Paybefore Awards
LEHI, UT–(Marketwired – Jan 15, 2015) – WingCash has been named as a 2015 Paybefore Awards winner in the Top Digital Dollars category. For nine years, Paybefore Awards has conferred the most prestigious recognition of excellence in the worldwide prepaid, mobile and emerging payments industry. The annual awards are presented by Paybefore, whose publications are a leading source of industry information for emerging payments executives.
WingCash was selected by a panel of five industry experts who served as judges for this year’s competition, which included entries from around the world.
“This year’s Paybefore Awards have demonstrated once again that payments companies are committed to driving out the inefficiencies of cash and checks, while also increasing value for clients and end users,” said Loraine DeBonis, Paybefore editor-in-chief and chair of the judging panel. “We’re proud to recognize WingCash’s contributions to advancing electronic payments.”
“Some may think there’s nothing new in the world of payments, but the outstanding winners in Paybefore Awards prove that’s not so,” added Marilyn Bochicchio, Paybefore’s CEO. “Emerging payments is packed with opportunity to make a difference for consumers, governments and businesses. And, the companies and programs we recognize through Paybefore Awards are outstanding examples of what can be done when creativity intersects with technology and a deep understanding of unmet needs. We tip our hats to the winners and all those who are making a difference.”
WingCash is the developer of a cloud-based system of wallets that can hold digitized national currencies, brand cash and payment cards making possible faster, easier and more secure transfers between wallets. National currencies are issued by financial institutions. Brand Cash is a branded, closed-loop digital currency issued by businesses and only redeemable for purchases of goods and services. Now consumers can consolidate all of their payment instruments safely and securely into a single mobile wallet.
WingCash now will vie for Best-in-Category distinction, which will be announced during the Paybefore Awards ceremony on Feb. 24 at the All Payments Expo. Visitors to Paybefore.com will have a chance to vote on Best in Category through Jan. 28. The outcome of this vote (counted as one-sixth of the total) will be combined with the five judges’ picks to determine Best-in-Category honorees.
Paybefore is the leading information provider to prepaid, mobile and emerging payments industry professionals, offering the latest news, commentary and analysis. Paybefore’s family of industry publications includes: Paybefore.com; Pay News™; Pay Gov™; Pay Week™; Pay Op-Ed™; Pay Magazine™, a biannual print publication featuring in-depth articles on the opportunities, challenges and trends in the global payments industry; and the only industry directory, Pay Connect™ buyer’s guide, available online and in print. Visit us at www.paybefore.com.
WingCash is an innovative system of electronic wallets that combines payments and promotions with digital currency. WingCash gives consumers a convenient, secure, cloud-based wallet that holds payment cards, U.S. currency, and Brand Cash. It gives businesses a low-cost way of branding themselves within a wallet and driving their loyalty/rewards programs. Financial institutions can participate by earning transfer fees, by holding cash as it circulates and by having a payment card it issues enrolled in the wallet. For more information, visit www.wingcash.com.