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SEB Kort opts for co-operation with Clear2Pay for purchase card processing

Scandinavia Enskilda Banken's card processor selects the ClearPark online payment and settlement solution.

Brussels, 1 September 2004 - The North European banking group SEB has selected Clear2Pay's Clearpark as the ASP solution for Purchase Card processing at SEB Kort. The ClearPark platform will process transactions for SEB Kort's corporate and SME clients embracing the MasterCard, VISA and Diners' Club brands.

ClearPark is a solution developed by Clear2pay that allows for worldwide authorisation of payment or business transactions, which can be used within a web shop, via web forms, in batch processing or directly linked to back office systems. In addition to handling regular credit cards, such as VISA and Mastercard, ClearPark offers an extensive Purchase Card solution.

SEB Kort has opted to clear and process Purchase Card clients through the Clear2Pay ClearPark platform in Gent, Brussels. This ASP model enables SEB Kort to offer the most advanced, efficient, cost-effective and secure way of processing to their clients.

Nina C. Nordli, Manager, Customer and Business Solution at SEB Kort comments: "We view ClearPark as an excellent tool for Purchase Card processing and the solution has been well received all over SEB. In particular we and our clients find the simplicity of integrating the solution very satisfying. Clear2Pay gives us a tool that will enable us to process both purchasing and classic transactions in a professional way".

ClearPark clients include: ABN AMRO (NL), BCC (B), Luottokunta (FN) and Teller (N).

About Clear2Pay

Clear2Pay is an innovative e-finance company focused on delivering globally applicable solutions for secure, timely electronic payments. Headquartered in Brussels, Belgium, the company's focus is to facilitate banks and financial organizations in their provision of electronic payments services. . Clients include global financial institutions such as ING, ABN AMRO, SEB Kort, LuottoKunta, VISA Europe, MasterCard, ANZ, National Australia Bank and Commonwealth Bank of Australia. Clear2Pay operates out of Belgium, the Netherlands, Spain, United Kingdom, Australia and Singapore and employs over 120 staff.
More information is available on www.clear2pay.com.

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Contacts for More Information:

Clear2Pay NV/SA
Conny Dorrestijn - VP Marketing and Communications
E:
M: +31 651 067201

   
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