back Back

PayOp partners with Clear Junction to access European payment networks

By Joy Dumasia

November 12, 2021

  • Clear Junction
  • Cross Border Payments
  • Europe
Share

Clear Junction has announced it is working with PayOp to facilitate access to additional payment methods across the UK and EU. The partnership will enable PayOp to improve its merchant offering and expand its client base.

PayOp is a new-generation payment gateway that provides businesses around the globe with more than 450 payment schemes to collect payments. It also offers access to acquiring services (international and local cards), direct debits, eWallets, mobile top-up, cash collection and prepaid cards.

The new partnership helps PayOp enhance its merchant offering by providing additional customer benefits, specifically access to a range of the UK and European payment methods. This, in turn, will help expand PayOp’s client base within SME e-commerce and other sectors that are typically underserved.

Denys Myloserdov, Chief Executive Officer of PayOp, said: “Partnership with Clear Junction will enhance our bank transfer infrastructure, making it more affordable to pay-in and pay-out funds. Such a collaboration leverages payment collections and settlements to clients, thereby improving international and domestic money processing.”

Dima Kats, Chief Executive of Clear Junction, said: “Clear Junction is excited to add PayOp to the network of global financial institutions we provide payments solutions to. By utilising our services, PayOp will join hundreds of other FIs using Clear Junction to maintain their competitive edge, not least because of the time-efficient and cost-effective local European and UK payment methods they can offer their customers. We look forward to developing the partnership with PayOp in the future.”

IBS Intelligence reported that Clear Junction had announced the launch of its Partnership Programme, a brand new initiative that can benefit banks and financial institutions worldwide. They are a UK-based company that provides end-to-end regulated electronic money and payments solutions.

Previous Article

November 12, 2021

IIFL Finance WhatsApp Loan powered by RBI-backed Account Aggregator

Read More
Next Article

November 12, 2021

Mexico FinTech, Stori raises $200m in financing

Read More







Advertise with us



IBSi Daily News Analysis

The Weekly Wrap

July 01, 2022

Clear Junction

The Weekly Wrap: all you need to know by Friday COB | July 1st

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

July 01, 2022

IBS Intelligence recognizes Temenos as the #1 Best-Selling Banking Software in Six Categories

Read More

July 01, 2022

GoCardless to acquire Open Banking platform Nordigen

Read More

July 01, 2022

5 FinTech tweets you should see!

Read More

Related Reports

Sales League Table Report 2022

£ 1,500.00 / year

Know More
Global Digital Banking Vendor and Landscape Report Q1 2022

£ 1,500.00 / year

Know More
Wealth Management & Private Banking Systems Report Q1 2022

£ 1,500.00 / year

Know More
Global Transaction Banking Vendors and Landscape Report Q1 2022

£ 1,500.00 / year

Know More
Treasury and Capital Markets Systems Report 2021

£ 1,500.00 / year

Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2022