Target audience
Schemes, Incentive Programmes, Programme Managers, BaaS providers, Brands, Virtual payment solutions, E-invoice solutions encompassing payments.
Detailed definition
Best Business Payments Programme is open to any organisation that delivers B2B payments programmes virtually or physically. This would include both scheme and non-scheme electronic funds and payment/ invoice programmes. The programmes will be issued on commercial BINs if on open-loop card schemes.
The programme must be live and out of the test phase at the time of submission. The programme may be new or have new features added to it during the past year. Pilot programmes will be accepted but must clearly be described as such and the judges will be looking for evidence of success in the pilot.
The programme may be running in any country/countries.
Please provide the following information:
Nominee and nominator
- Name of nominating organisation
- Solution name (entry title)
- Name(s) of nominated organisation(s)
- The nature of the business relationship between you as the nominator and the nominee company
Programme description
The judges will assess your entry against the following criteria.
You are free to describe the programme and support your case with supporting material as you think appropriate. However, please note that we strongly suggest NOT to submit generic promotional material and sales brochures. Please limit your submission to a maximum of 1,500 words.
The criteria are:
- The programme provides benefit/value to a clearly identifiable customer with a meaningful problem to solve.
- The programme stands out from the competition, either through its performance or competitive positioning/unique selling point (USP).
- The programme is a well-thought through commercial proposition i.e., growing market, large target audience or potential for high volume within a niche target audience, scalable distribution, barriers to entry, path to profitability, etc.
- Signs of success demonstrated through KPIs or quantifiable evidence from a reliable source.
Evidence of success/metrics
Please provide as much information as you can and quote the source of that information. Such information might include the following. However, this is not an exhaustive list and, in each case, the judges will be looking for evidence that supports your claims as to the key benefits of the programme:
- The length of time the programme has been live
- Some quantitative measure, if relevant, on how often the programme has been used since launch, and over the past year up to January 2025
- The number of unique participants using the programme as of January 2025
- Growth in use, both historical and extrapolated projections
- How has this transformed the user experience?
- Awards or accolades from the payments community
