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Clear2Pay opens Chinese office

17 May 2007  |  1470 views  |  0 Source: Clear2Pay

Clear2Pay, the international technology provider of next generation payment solutions for financial institutions announces the opening of Clear2Pay China at the opening of the Payment China 2007 Conference in Beijing.

Based in Shenzhen, Clear2Pay China will be responsible for sales, professional services, local development and support in the Chinese region.

Clear2Pay China is the result of a joint venture between Clear2Pay and Data House and led by Frank Wu. With a strong presence in the Asia Pacific region through its offices in Australia and Singapore, Clear2Pay has been in close touch with the developing Chinese payments market over an extended period. "Because of the numerous cross-border payments projects we have executed in the Asia Pacific region, we are very well positioned to connect local, as well as foreign banks to the Chinese national payment infrastructure (CNAPS)", states Warren Gardiner, General Manager Asia Pacific for Clear2Pay.

"China is, not unlike Europe and the US, going through a series of payment reforms, which means the streamlining of a wide range of national schemes into fewer more centralised clearing systems", continues Michel Akkermans, Chairman and CEO of Clear2Pay. "With our experience in Europe we truly understand the technological challenges that transformation brings, both for banks as well as their clients. Expanding our global presence means following our clients and the market. The industry events in China will involve the further expansion of global systems, as a niche provider in the payments technology space it goes without saying that we must and want to be at the heart of these developments."

The Clear2Pay China office is home to over 35 staff with a sales team headed up by Chan Mun Kiat and Frank Wu. Internationally Clear2Pay operates out of 11 offices and employs over 260 staff in total.

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