News

KoronaPay partners with Clear Junction

Monday 7 March 2022 08:30 CET | News

EU-based online money transfer service KoronaPay has partnered with global payments solution provider, Clear Junction, to provide its users with additional international remittance options.

KoronaPay represents one of the largest money international transfers services counting for over USD 1 billion in monthly revenues and over 13 million users across 79 countries globally, especially in Europe and Asia. The partnership with Clear Junction allows the company to leverage the UK’s Faster Payments infrastructure and allow customers to transfer money cross-border almost instantly, unlike wire transfers that take several days to process and come with hefty fees.

As KoronaPay is looking to expand its presence in Europe, the UK market represents a priority due to its growth potential. To further boost their collaboration, both companies are looking to explore support for EUR payments across the EU in the future.


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: cross-border payments, cross-border ecommerce, partnership, money transfer, online payments, payments infrastructure
Categories: Payments & Commerce
Companies:
Countries: United Kingdom
This article is part of category

Payments & Commerce