- iSignthis executes partner agreement with European payment processor and card acquirer Clearhaus
- iSignthis KYC services to be made available to all Clearhaus customers from early 2016
- Immediate exposure to >7% of the merchants in Danish online payment market ( market size as of 2015H1: $6.6bn and $11bn for whole year 2014).
iSignthis and ClearhausiSignthis Ltd enters into a partner agreement with rapidly expanding Danish card acquirer Clearhaus. Under the agreement, iSignthis' Digital KYC services, , Evidence of Identity (EOI), and Strong Customer Authentication (SCA) will be made available to merchants whose payments are processed by iSignthis and acquired by Clearhaus by early 2016.
New European AcquirerAuthorised by the Danish Financial Supervisory Authority, and principal Visa and MasterCard member, Clearhaus is a payment and card acquiring institution focussed on providing card acceptance and payment solutions to online merchants across Europe.
Since commencing payment and card acquiring operations in March 2015, Clearhaus has rapidly expanded to now process over 7% of all online merchants in Denmark in only four months of operation. Clearhaus attributes its rapid expansion to the use of modern streamlined technology, which enables customers to get running within 1-3 days and integrate faster than the incumbent companies.
KYC and AML simplifiedClaus Methmann Christensen, Chief Executive Officer of Clearhaus said "Clearhaus are excited to be working with innovative technology company iSignthis to offer digital KYC services to our merchants in Europe. We are committed to partnering with industry leading service provides to provide our clients with a faster and simpler way to do business. We believe iSignthis' digital KYC services are perfectly suited to service our existing merchants, particularly those operating industries and segments, where the risk of fraudulent transactions is high."
John Karantzis, Managing Director of iSignthis Ltd said "We are delighted to have executed a partner agreement with Clearhaus and to be offering our services in Denmark for the first time. This agreement provides iSignthis with significant exposure in a new market as well as presenting the opportunity to rapidly increase the growth of our European business. Together with Clearhaus, we look forward to winning new business jointly by early 2016."
About iSignthis LtdiSignthis is an intuitive and non-intrusive payment and identification authentication service. Any transaction from any card can be authenticated at checkout to safeguard against online fraud and ensure anti-money laundering regulation compliance. iSignthis' unique solutions protect online customers whilst providing confidence through AML/CTF KYC compliance solutions for merchants and payment service providers. For more information see the iSignthis website.
About ClearhausClearhaus is an EU payment institution and acquirer. Clearhaus is authorised by the Danish Financial Supervisory Authority and is a principal member of Visa and MasterCard.
Clearhaus provides payment solutions for online stores across Europe. By being an early adopter of new technology, Clearhaus has made online payments more simple, innovative and secure. For more information please visit the Clearhaus website or their About-Payments Profile.
Sourced from Press Release by iSignthis, September 24th, 2015