MineSec is proud to announce its nomination as a finalist for the Best Innovation in Retail & Merchant Payments at the PAY360 Awards 2025, hosted by The Payments Association.
The PAY360 Awards, taking place this year at London’s Grosvenor House Hotel, is one of the most prestigious annual events in the global payments calendar. It celebrates the very best that have made significant advances in fintech innovation, customer experience, and digital transformation across the payments industry.
This nomination highlights MineSec’s Tap to Own Device (TTOD) solution – Asia's first consumer SoftPOS technology that allows customers to make secure, contactless card-present payments using their own smartphones. Unlike traditional mobile point-of-sale solutions that equip merchants with software-based terminals, TTOD brings that tap-to-pay capability directly to the consumer’s own NFC-enabled phone.
This game-changing evolution of SoftPOS technology eliminates the need for any physical card reader or payment hardware at checkout – making payments faster, more secure, and significantly more cost-efficient for both merchants and consumers.
“We are honoured to be shortlisted alongside an impressive cohort of innovators,” said Angus Chiu, CEO of MineSec. “This recognition from the PAY360 Awards jury affirms our vision of helping our partners drive merchant digitization. From quick-service restaurants to retail chains, SoftPOS is rapidly becoming the preferred way to scale contactless payment acceptance.”
MineSec also extends its gratitude to their partners and clients, noting that collaborative innovation has been a key driver behind its product roadmap and growing global footprint.
The winners of the PAY360 Awards 2025 will be announced during the official ceremony on 1 October 2025.
About the PAY360 Awards
Organized by The Payments Association, the PAY360 Awards celebrate excellence and innovation in the payments industry. The event gathers leading players across banking, fintech, acquirers, and payment service providers.
Now in its 19th year, the 2025 edition of the PAY360 Awards will take place in London, recognizing companies that are shaping the future of digital commerce.
