About US
Corporate Profile
Clear2Pay - Corporate Fast Track
Vision: technological, economic, disintermediary and regulatory pressures as well as customer demand are dramatically changing the payments industry.
Mission: to be a leading worldwide payment technology solutions supplier that enables our customers to provide and use superior electronic payment services integrated in the full financial value chain.
Clear2Pay is an innovative payments technology company focused on delivering globally applicable solutions for secure, timely and streamlined payments processing. Clear2Pay’s Open Payment Framework (OPF) enables financial institutions to improve internal payments processing efficiencies whilst at the same time providing their clients with better payment services that are faster, with richer payments related information.
Clear2Pay’s solutions within the Service-Oriented Architecture (SOA) based Open Payment Framework offer financial institutions the ability to process payments through a centralised payments engine that utilises a library of re-useable business services across all payment types. The bank can thus combine new services models with existing infrastructures, thereby protecting previous investments whilst gradually moving to a more modern efficient payments environment.
Solutions
- Open Payment Framework > more
Clear2Pay offers world class solutions based on the Open Payment Framework (OPF). The OPF is a library of component building blocks from which payments solutions can be derived. Built entirely on a Service Oriented Architecture (SOA), the OPF delivers common, reusable services consisting of a comprehensive data model, choreographed payment business processes and configurable services including parsing, validation, cost based routing, warehousing, security, auditing and many more. - Open Test Solutions > more
Clear2Pay proposes the widest range of testing tools in the industry for electronic transactions in payment, smartcard and mobile applications. - Card and Mobile Solutions
Dedicated and mission critical card and mobile solutions for banks, processors, retailers and telecom operators. - Consulting > more
Consulting services and expert co-sourcing based on deep domain expertise and extensive international know-how. - Domestic Payments > more
High-value RTGS and lower-value ACH payments (Fedwire, CHIPS, NACHA, BACS, CHAPS, UKFP, STEP2 & TARGET2). - International Payments > more
Enriched payments for high volume, in-sourcing, multi-bank, correspondent banking, STP, and decision-based routing. - Single Euro Payments Area (SEPA) > more
Full-service SDD & SCT; exception management, added value services, cost-based routing and mandate management. - SEPA Direct Debits > more
Payment solution for the changing direct debit market under the Single Euro Payment Area. - SEPA Credit Transfers > more
Consolidating European Credit Transfers - Electronic BillPresentment and Payment (EBPP) > more
Open and flexible EBPP solutions for either integrating with domestic consolidators or decision-based routing to billers. - Tax Data Service> more
Revolutionize the maintenance of the Tax Payment format information to pay State and Federal taxes by ACHCredit (EFT). - Imaged Check Processing > more
Next generation check image exchange solution offering flexible scalability designed to evolve in conjunction with the industry. - Consumer Remittance Payments > more
A complete, flexible and secure solution for international money transfer services for cash, cards and electronic transactions. - eBanking > more
Classic electronic banking products featuring modular multichannel remote payment solutions for retail, small business and corporate customers; all highly secured and with deep functional scope. - Business Payments > more
Optimizing payments processing for your business customers. - Corporate Payment Hub > more
Optimised Payments Processing for Corporations. - Bank Payment Hub > more
An umbrella payments solution offering a combination of tactical products, each introduced below, through a centralised payments infrastructure across their enterprise. - Software Development Kit > more
Add, change and extend Open Payment Framework components to meet unique requirements.
Clients
“After a thorough vendor review we opted for Clear2Pay’s Open Payment Framework because of its state of the art technology, which will support us for years to come and its rich and relevant functionality.”
“As we were working on this initial project, whereby supporting local languages was key, it soon became apparent that we could gain additional benefits from the Open Payment Framework approach. Implementing this framework will give us a consolidated view of all payment transactions handled by each country in Asia Pacific.”
“As the spearhead of our aggressive ebanking strategy for professionals, our new version of Internet Banking should allow us to attract new customers who want to manage their bank accounts whenever and wherever they want to.”
"“We opted for Clear2Pay’s SEPA solution because it offers future proven technology as well as the functionality we need to process credit transfers and direct debits in a multi-bank, multi-currency environment.”
“Visa has selected Clear2Pay to provide and host an electronic cross-border money transfer service as they are able to offer a scaleable solution and the management of the company has extensive knowledge and experience within e-finance. The incorporation of innovative anti-money laundering and fraud prevention in Clear2Pay’s solution ensures that we meet all necessary regulatory requirements across multiple jurisdictions, while at the same time reducing our exposure to fraudulent activity.”
"Customers are vital to our success as a leading bank; we wish to demonstrate technology leadership in order to ensure that our customers benefit through leaner, more flexible, efficient and user-friendly products. Flexibility was a main internal driver, underpinned by the need to decrease both the level of manual inter- vention in the payment chain as well as our reliance on legacy systems."
“With the reopening of world markets to South Africa and the growing need for regional integration in Southern Africa, we believe that continued technological innovation and improvement will be essential to the survival of this bank.”
"DnB NOR has selected Clear2Pay to develop a NORDIC Payment Service system as they are able to offer a scaleable solution and the company has extensive knowledge and experience within (international) payments.”
"Our Universal Payment Capability will replace more than 70 different payment-related systems that will reduce cost-to-income ratio from 39.6 percent to 35 percent in the next three to five years.”
“With the OPF we have the future-proof solution to give us advantages from day one. Processing such different payment types and volumes is only possible with a SOA based hub approach. This way we open the bank towards the customers rather than locking them in.”
- Management
- Addresses
- More info on solutions & consulting
- Corporate Profile pdf 700 KB