YouPay Wins Best Innovation Award at 2022 WeMoney Business Awards

YouPay has been awarded Best Innovation in Merchant Experience and a second-place finish in Merchant Payments Provider of the Year at the 2022 WeMoney Business Awards.

WeMoney’s annual awards recognise and celebrate the best business financial product or service providers in Australia. A trusted voice in the local fintech sector, WeMoney’s own financial wellness app has been downloaded by over 350,000 Australians.

A year after launching its cart sharing product through streetwear brand Culture Kings’ online store, YouPay beat out Australian banking giant NAB to top spot in the Best Innovation in Merchant Experience category, while only missing out on first place to NAB in the Merchant Payments Provider of the Year category.

“This is a proud moment for me and the YouPay team to receive this recognition but, more importantly, it points to the massive potential that YouPay has to mutually benefit consumers and ecommerce stores across the globe,” said YouPay CEO and Founder Matt Holme.

YouPay’s innovative cart sharing functionality, which allows online shoppers to securely send their shopping cart to someone else for payment, is now available at over 400 Shopify stores.

“We enable shopper-payer relationships that exist in the real world to play out online, which means added flexibility for customers and added sales and transaction insights for our merchants,” said Holme.

“Right now we have over 50,000 shoppers and payers who have used YouPay to share and pay for online shopping carts, so hopefully by next year’s awards we’ll have added a few more.”

YouPay is available to install for free from the Shopify App Store.