Clear2Pay, the international technology provider of next generation payment solutions for financial institutions has acquired Jware Technologies, a niche internationally operating software technology provider of eCommerce and mobile payment solutions. These solutions are all based on the same service-oriented foundations as Clear2Pays Open Payment Framework, with which it will be seamlessly integrated.
Jware, founded in 2002, operates out of Caen (FR) where its 25 members of staff develop and sell solutions to banks, financial institutions, retailers and payment processors in Europe, the Middle East and Africa. Jwares team will become fully part of and branded as Clear2Pay.
In the current climate, banks more than ever before, view payments as a customer centric and vital line of business, says Michel Akkermans, chairman and CEO of Clear2Pay. They realize that a close look at their payments operations is called for in order to have the broad business overview and to cut out inefficiencies. Short time-tomarket and agility of the technology are in this respect paramount. We are therefore committed to our fundamental strategy of offering financial institutions and other payment providers a single platform that handles all payment transactions. Payments through eCommerce shops and mobile devices are increasing and form as such an important channel component in the wider payment space, which we address with our Open Payment Framework. Jwares technology will therefore enrich our offering around eCommerce, card-based applications and mobile payments as part of our Open Payment Framework.
D.C.