Klarpay extends ACH connections to encompass 40 currencies

Klarpay AG, a global payments solution provider, is expanding its product offering to include local Automated Clearing House (ACH) payments in over 40 currencies. This integration enables faster and more cost-effective cross-border transactions through local ACH systems.

Facts

  • Klarpay AG is extending its product offering to include local Automated Clearing House (ACH) payments in over 40 currencies.
  • The integration of international ACH payments streamlines the process for in-country transfers, reducing clearing times and transaction costs.
  • Klarpay’s customers can now execute cross-border payments directly via local ACH systems within select countries.
  • This new capability enhances the capabilities of Klarpay’s customers, allowing them to process payments both internationally and domestically.
  • The expansion is particularly beneficial for online companies with international operations, social media monetization platforms, freelancers, and online businesses needing to send international payments.
  • Klarpay’s mission is to provide flexible, reliable, and cost-effective payment solutions for clients worldwide.
  • Martynas Bieliauskas, CEO of Klarpay AG, emphasizes that this expansion demonstrates their commitment to driving efficiency and cost savings for their customers.
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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