Clear2Pay, the international technology provider of next generation payment solutions for financial institutions, has launched its Unified Domestic Payments Americas solution for end-to-end integration of wire and automated clearing house (ACH) payments, allowing the seamless processing of both real-time and batch transactions throughout the Americas on a single platform.
Clear2Pay’s solution provides banks with a consistent, reliable and re-useable platform to deliver services to its customers across multiple channels, whether processing single high value funds transfers or batches of thousands of transactions. The initial version of the product will support FedWire, CHIPS, FedACH and EPN in the US, LVTS and ACSS in Canada and CCA in Chile.
Barry Tooker, senior product manager Americas, said: “With ageing payment platforms endemic across the industry, we are confident banks will see the value in unifying their low value and high value payment systems. They will find that Clear2Pay with its leading open payment technology and experienced teams is best positioned to help them accomplish these goals, manage risks, reduce costs, and respond to customer and regulatory demands.”
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