A global payments provider WorldPay has entered a partnership with the National Business Awards to launch the Online Business of the Year category. The award category is meant for 2011 award ceremony that is dedicated to the contribution of e-commerce to the UK economic recovery. WorldPay will be the title sponsor for the award.

According to the announcement made by WorldPay to be eligible for the Online Business of the Year award a business should trade online with a UK turnover of over £10 million. The company demonstrating the highest levels of delivery, site engagement and usability, security, innovation, and ethical practice will become the winner of the award.

The judging panel selected for the Online Business of the Year award will comprise up to five peers with experience and expertise specifically related to this category.

Finalists will be announced on the 28th July and winners will be honoured at the National Business Awards gala dinner and awards ceremony in London at the Grosvenor House Hotel, Tuesday 8th November.