PayMedia, a provider of digital identity verification solutions, has added another feather to its cap by winning the Gold Award for its eKYC solution at the National Best Quality Software Awards (NBQSA) 2023.
The ceremony was held at the Monarch Imperial recently.
PayMedia’seKYC solution provides a comprehensive and user-friendly platform for businesses to verify customer identities swiftly and securely.
The NBQSA, conducted annually to recognise and honor companies that excel in these areas, has brought PayMedia into the limelight again. The eKYC solution’s achievement in the Gold Award category highlights its consistency in delivering quality services and solutions, while simultaneously ensuring the utmost satisfaction of its clients. The rigorous evaluation process scrutinised not only the product’s technical capabilities but also its ability to meet the evolving needs of businesses and its adaptability to changing market dynamics.
PayMedia’s eKYC solution distinguishes itself by its ongoing innovation and adaptability. With a rapidly evolving regulatory landscape, the solution has consistently updated its algorithms to stay compliant with the latest industry standards and provide customers with the highest level of security. Its user-friendly interface and integration capabilities with various business systems have made it an invaluable asset to companies across industries.
PayMedia’s CEO, Kanishka Weeramunda said, “We are honoured to receive the Gold Award at the National Best Quality Software Awards 2023 for our eKYC solution. It is a testament to the hard work, dedication, and innovative spirit of our entire team. We remain committed to raising the bar and setting new standards in quality and customer satisfaction.”
His main focus is the expansion of eKYC, which will not only enhance security and fraud prevention but also reduce paperwork and administrative burdens. This shift towards digital onboarding and eKYC will make it easier for individuals to access financial services, opening up opportunities for the unbanked population, promoting financial inclusion, and ultimately stimulating economic growth in Sri Lanka and support the authorities moving towards the Digital Sri Lanka.