06 December 2016
Visit aciworldwide.com

Earthport wins global deal with HSBC

06 May 2014  |  2790 views  |  0 Source: Earthport

Earthport plc (AIM: EPO), the cross-border payments service provider, is delighted to today announce a multi-year global contract with HSBC with a significant minimum revenue commitment.

Under the terms of the agreement, HSBC will integrate with Earthport to expand the coverage of its Global Disbursements™ product across countries in Central and Eastern Europe, and the Asia Pacific region.

Once live, Earthport will facilitate low value cross-border payments across countries which are not currently part of HSBC's Global Disbursements™ network to its corporate and financial services clients.

Hank Uberoi, Chief Executive Officer of Earthport plc, commented: "I am delighted that HSBC, one of the largest banking and financial services organisations in the world with a reputation for global service, has chosen Earthport to enhance its cross-border payments product. This is another significant contract with minimum revenue commitments that Earthport has signed with a major Tier 1 bank within a few months. In addition to increasing future visibility, this contract demonstrates Earthport's increasing traction and unique strategic positioning within the payments ecosystem.

"Our service is underpinned by a large and growing network facilitating domestic payments in 60 countries globally and we look forward to adding further geographies, enabling additional payment routes to our clients and their customers."

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit contisgroup.comVisit VocaLink.comVisit aciworldwide.com

Who is commenting?

Top topics

Most viewed Most shared
Royal Mint to issue digital goldRoyal Mint to issue digital gold
6981 views comments | 23 tweets | 24 linkedin
OCC to offer fintech firms bank charter statusOCC to offer fintech firms bank charter st...
6196 views comments | 23 tweets | 15 linkedin
Bank CEOs fret about ROI as startups drive IT arms raceBank CEOs fret about ROI as startups drive...
6110 views comments | 16 tweets | 21 linkedin
Amazon signs up tech firms to financial services cloud programmeAmazon signs up tech firms to financial se...
5937 views comments | 14 tweets | 15 linkedin
Guesswork alone can crack Visa card security - Newcastle UniversityGuesswork alone can crack Visa card securi...
5822 views comments | 10 tweets | 20 linkedin

Featured job

to Six-Figure Base, Bonus, Benefits
London, UK

Find your next job