Clear2Pay, the international technology provider of next generation payment applications for financial institutions has signed a contract with Santander for the implementation of the Open Payment Framework to enable group bank payments processing.
“We are absolutely delighted that the Best Bank in the World, as Euromoney proclaimed in July of this year, found that our standards match theirs,” says Michel Akkermans, chairman and CEO at Clear2Pay. “This is a project of vital importance to both of us, and we are delighted to work with a team which has a vast experience through their years of building in-house applications. Now that we have successfully passed the proof-of-concept phase, we are working side by side to reach the end goal: the implementation of the Open Payment Framework and a number of underlying solutions such as SEPA Direct Debit and SEPA Credit Transfer.”
D.C.