Tuesday, 25 June 2024

Kotak Mahindra Bank’s “Kotak’s Next-Gen Corporate Remittance” recognised as Best Payments Initiative

5 min read

By The Asian Banker

This winning solution not only facilitates real-time, immediate corporate payments but also offers APIs for rapid onboarding and the handling of high-volume transactions while maintaining a higher transaction per second (TPS) speed. The solution empowered new-age companies, emerging corporates, and payment aggregators to seamlessly process transactions round-the-clock at a superior TPS and within minimal turnaround time.

To meet the demands of new-age economy sectors, which require processing millions of transactions per day at rapid computing speeds, the Best Payments Initiative award goes to Kotak Mahindra Bank for "Kotak’s Next-Gen Corporate Remittance".

View the full image gallery of the gala awards here


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