Klarpay adds 70+ currencies to enable cross-border International payments

By Joy Dumasia

Klarpay AG has launched a cross-border business payment solution that can be managed via its payments dashboard or via a single API integration, reducing merchant clients’ costs and speeding up their cross-border payments. This flexible cross-border business payment solution allows Klarpay clients to enter the global economy through secure international payments at a reduced cost as it provides seamless, efficient, and predictable payments across many markets.

Martynas Bieliauskas, Klarpay CEO, said: “The ability to make and receive payments quickly and securely is crucial for businesses of all sizes, especially in today’s rapidly evolving online industry. Klarpay’s business customers can now benefit from a wide network when making efficient, fast, cost-effective, and secure cross-border international payments.” 

Klarpay provides a single connection through which to transact across the globe so that businesses can transfer money directly to a recipient’s bank account. At the same time, it provides businesses with full visibility with regards to fees incurred, applicable exchange rates, as well as when funds would be delivered from the outset.

Recently, IBS Intelligence reported that Klarpay AG had become a Principal Member of the Visa Network, a world leader in digital payments, to further its mission of democratising global payment, banking, and digital disbursement services for online businesses. Swiss FinTech Klarpay AG has signed a global partnership with Visa on becoming a Principal Member of the Visa network, the membership grants Klarpay the ability to access Visa’s bank-to-bank cross-border business transactions network, as well as to support direct card issuance.