CEDICAM, Credit Agricoles payments and transaction platform, has chosen Clear2Pays Open Payment Framework for the processing of payments (Credit and Debit Transfers) of the Groups banks.
In a first phase SDD debit transfers will be implemented on the basis of the Open Payment Framework and in a next phase SEPA Credit Transfers (SCT), international, high value and domestic payments will be transferred to the same platform. Crdit Agricole has opted for Clear2Pays Open Payment Framework because of its robust performance and its reliability and uncontested scalability.
In order to continue to play a role in the years to come among the European leaders in payments services, the Crdit Agricole group has adopted an ambitious strategy based on the one hand on a process of innovation and enrichment of the payment service offerings and secondly on the construction of a European platform for payments processing, says Jean-Claude Perchet, chief executive officer, CEDICAM. CEDICAM has chosen the Open Payment Framework of Clear2Pay for its performance and flexibility.
We are particularly honoured and delighted that a leading global bank such as Crdit Agricole has opted to work with us, says Michel Akkermans, CEO and chairman, Clear2Pay. In firm and close partnership we have conducted the groundwork over the past few months and we have found that we are akin when it comes to a desire to both lead with innovative solutions and deliver with robust technology.
Working closely together through challenging times for the banking industry has increased our mutual appreciation and forms a solid base for the years to come.
L.D.