Hong Kong:  ASAP Transaction Processing Corporation Limited (ASAP TP), Asia’s leading transaction processing technology provider, was awarded the Payment System Technology Innovation Award at the 2nd Annual Payment Innovation (China) Convention 2012 in Shanghai. The award recognizes companies with most innovative solutions and practices in the payment and card processing field and encourages new and significant technologies to emerge.

All entries were evaluated by an expert panel of judges including prominent members and experts from the cards and payments industry. Up to six local and international finalists were shortlisted for each of the categories.

“We’re delighted to win this important industry award and to be recognized by PICC. It confirms that ASAP TP, with its innovative solutions, is a recognized frontrunner of establishing new benchmark for the deployment of transaction processing solutions,” said Ajmal Samuel, President and CEO of ASAP Transaction Processing.