LOS ANGELES – Planet, a global leader in integrated payment and software solutions, has been recognized as the “Best Consumer Payments Company” in the 9th annual FinTech Breakthrough Awards, an industry-leading program that honors innovation and excellence in the financial technology sector.
The awards are organized by FinTech Breakthrough, an independent market intelligence platform dedicated to identifying the top-performing companies, technologies, and products shaping the global FinTech landscape.
Planet earned the accolade for its all-in-one payment platform that merges payment processing, dynamic currency conversion (DCC), and tax-free shopping functionalities into a single, user-friendly device powered by PAX technology. This comprehensive solution is particularly designed for international and luxury retailers, responding to increasing consumer expectations for seamless, flexible, and personalized payment experiences.
One standout feature of Planet’s platform is its ability to detect tax-free eligibility directly at the point of sale. Through real-time notifications and intelligent tracking, shoppers are informed of their eligibility thresholds, which can drive higher in-store spending while simplifying the refund process.
The company’s Shopper Portal, a web-based application, further enhances the customer journey by allowing users to easily submit and track tax-free refund requests. The portal eliminates the need for manual processing, reducing wait times and boosting efficiency. Fully PCI-compliant, it uses advanced tokenization for secure authentication, giving consumers transparency and control throughout the refund process.
Additionally, Planet’s in-store technology and DCC capabilities empower international shoppers to make purchases in their home currency, enhancing convenience and clarity at checkout.
“Planet empowers retailers to deliver seamless, engaging, and revenue-driving payment experiences to a global audience,” said Steve Johansson, Managing Director of FinTech Breakthrough. “By eliminating the fragmentation that often plagues international retail environments, Planet has established itself as a trusted, innovative partner for global merchants. Congratulations to the entire team on being named our 2025 ‘Best Consumer Payments Company.’”
The FinTech Breakthrough Awards is a premier global awards program that recognizes excellence in categories such as Digital Banking, Personal Finance, Cryptocurrency, Lending, Payments, InsurTech, and more. The awards spotlight companies and products that demonstrate outstanding innovation and performance within the FinTech sector.
Colin Close, Chief Commercial Officer at Planet, expressed gratitude for the recognition. “We’re honored to receive this award from FinTech Breakthrough, which affirms our commitment to customer-driven innovation. Our goal is to redefine the consumer payments space by addressing operational inefficiencies and helping global brands enhance customer satisfaction and loyalty.”
With operations spanning 30 countries and a customer base of more than 15,000 businesses, Planet continues to support a broad range of premium retailers worldwide by delivering value-added services that boost efficiency and revenue.
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