Best Payments Bank in China goes to China Merchants Bank

The winning bank has fully migrated its payment services onto the cloud, enhancing service fluidity and security, and integrated scenario-based payment services for corporate businesses, covering the entire lifecycle of payments. Thanks to a better payment experience, by the end of 2023, the winning bank achieved a 17.5% year-on-year increase in the number of monthly active users via digital channels. 

For using technological improvements to deliver substantial performance in the bank’s payments businesses, the award of Best Payments Bank in China goes to China Merchants Bank.