Newgen & Clearhaus develop solution for European ISOs & PSPs

Newgen Payments

Sunil Jhamb, Newgen Payments CEO

Clearhaus, the European merchant acquirer has announced an integration with payment gateway Newgen Payments to develop a white-label payment solution for ISOs and PSPs to sell under their brands.

Clearhaus CEO, Claus Methmann Christensen said, “Integrations drive the payments industry forward and bring better technologies to the market. Over 30 payment service providers across Europe have chosen to partner with us to serve merchants in their local markets. The latest addition of Newgen Payments to our list of integrated partners couldn’t be more perfect, as both companies have a similar technology-first mindset.”

The supplier states that the white label solution is expected to enable new institutions to set up their payment solution comprising payment methods and fraud mitigation systems, and will provide a customizable technology stack for easy European localization.

“Together with Clearhaus, we will be able to offer a complete payment solution for ambitious ISOs and PSPs that want to differentiate themselves by offering quick on-boarding and best-in-class payment technologies to their merchants. In Clearhaus, we have found a trusted partner who cares about innovation just as much as we do,” says Newgen Payments CEO, Sunil Jhamb.

Founded in 2015 in Amsterdam, Newgen Payments is a cloud-based, modular platform that allows the provision of features including transaction routing, customizable checkout, risk management, selling on social media, one-click payment, automated reconciliation, split payments, and real-time in-depth reporting.

Recently, Clearhaus announced an integration with payments provider Payrexx in a bid to offer enhanced payment solutions to European online stores.

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