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Loadhub Honored as one of the Best of the Best in Payments, Commerce and Retail at the 5th Annual Innovation Awards

Boston, MA: The 2017 Innovation Project prestigious Innovator Awards honored Payment Source’s Loadhub in-person payment solution with a Gold Medal in the Best Cash Innovation Category, one of three winners to compete for the Gold, Silver and Bronze medal at the PYMNTS’ Innovator Awards Dinner on March 16th which marked the conclusion of the Innovation Project 2017.

Loadhub blurs the line between digital and retail, allowing traditional digital brands to reach new customers who were not previously able or willing to transact online.  With Loadhub organizations can now allow customers who do not have access to credit cards, or have cybersecurity concerns, to purchase items or donate funds online with cash by offering an in-person payment option at Canada Post locations nationwide.

Six finalists across 15 categories competed for Gold, Silver and Bronze medals. Some of the categories included Best B2B Innovation, Most Innovative Payments Player, Best Debit Innovation, Best Merchant Solution, Most Disruptive Innovation and more. "The PYMNTS Innovation Awards celebrate the companies, and men and women, who have made the most significant contributions to innovation in payments and commerce in the past, and the entrepreneurs who have the most promising solutions for driving innovation forward,” according to Karen Webster, CEO of PYMNTS.com. “I’m very honored to be able to recognize these contributions at IP 2017."

The Awards Dinner held at Fenway Park was emceed by Jason Alexander who’s known by millions for his role as George Constanza on “Seinfeld” and, of course, for making the “fat wallet” famous. This year, new and seasoned payment executives alike had a chance to interact with him at a dinner for delegates of the fifth anniversary of the Innovation Project. Other awards included the PYMNTS Matchmakers Award, Catalyst Award, Mike Duffy Award, the Women Driving Innovation in Payments and the Lifetime Achievement Award.

The Innovation Project brings together the most senior executives and thought leaders in payments, commerce and retail each year for two days of closed door, off-the-record discussions held at Memorial Hall on the campus of Harvard University in Cambridge, MA. This year, this highly unique and high-powered forum shared their insights on where they’re placing their bets on the future of payments innovation as they look ahead to the next decade.

About Payment Source

Payment Source provides prepaid mobile top ups, gift cards and financial products and services to more than 15,000 retailers across Canada. Payment Source has the solution for every retail environment, including POS terminals, PC applications, mobile apps and integrated solutions. Through the proprietary Loadhub® network, Payment Source provides secure, real-time cash and debit load capability in every community across Canada. Loadhub is the best possible solution for customers of reloadable card programs, mobile wallets, and anyone else looking to load funds to an account or take one-time payments or collections. Learn more about Payment Source at www.paymentsource.ca. 

Press Contact:

Allison Cutler
Director, Marketing & Communications
Payment Source
416.255.8897

 

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