Ripple Wins UK ‘Most Prestigious’ Payment Award

Ripple won big at the prestigious Pay360 Awards, adding to its most recent accolades.

Blockchain payments company Ripple received a prestigious award at the recently concluded PAY360 Awards events held in the United Kingdom. The award recognized Ripple as having the best use of digital currencies and assets in financial services. 

Sendi Young, Managing Director of Ripple’s European operations, acknowledged the award. She labeled the PAY360 Award as the most prestigious payment award in the United Kingdom and congratulated Team Ripple for the win.

Such an honour to win in this UK’s most prestigious payments awards! Go team @Ripple ! https://t.co/EHltIcofIu

— Sendi Young (@sendiyoung) October 5, 2023

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The latest PAY360 Awards mark the 16th edition of the event, which welcomes senior executives from across 950 companies in the UK payments scene. This year’s edition was sponsored by payment giant Mastercard and received over 300 nominations across different tracks.

However, Ripple excelled on the blockchain front alongside Fireblocks, which was also recognized as the best blockchain infrastructure provider. Other notable winners include Visa (best financial crime prevention solution) and Yemen-based Al-Amal Microfinance Bank (AMB), which won the award for best financial inclusion payments initiative.

One of the perks of winning the PAY360 Award is access to an extensive marketing campaign aimed to reach 250,000 payment professionals. Ripple hopes to leverage this opportunity to introduce its technology to other leaders in the payments industry and secure valuable partnerships.

Ripple on a Winning Spree

Ripple’s latest recognition at the PAY360 award adds to a period of serial wins both in legal courts and outside. Earlier this week, U.S. District Court Judge Analisa Torres ruled in favor of Ripple by denying an interlocutory appeal filed by the United States Securities and Exchange Commission (SEC) in an ongoing lawsuit.

Meanwhile, The Crypto Basic reported earlier today that Ripple also landed two awards at the Future Digital Awards for Fintech and Payments 2023. The company was recognized for its contributions to the global payments landscape, including central bank digital currencies (CBDCs).