Swiss Fintech Klarpay AG Adds 70+ Currencies to Enable Cross-Border Payments

Klarpay AG has completed another milestone “with the integration of Visa‘s B2B Connect product to its services.”

This latest achievement “enables Klarpay’s business customers to perform cross-currency outbound payments from Klarpay accounts to 90+ countries and 70+ currencies via its Dashboard and APIs.”

Swiss fintech Klarpay AG has “launched a cross-border business payment solution that can be managed via its payments dashboard or via a single API integration, reducing merchant clients’ costs and speeding up their cross-border payments.”

This flexible cross-border business payment solution “allows Klarpay clients to enter the global economy through secure international payments at a reduced cost as it provides seamless, efficient, and predictable payments across many markets.”

Martynas Bieliauskas, Klarpay CEO, said:

“The ability to make and receive payments quickly and securely is crucial for businesses of all sizes, especially in today’s rapidly evolving online industry. Klarpay’s business customers can now benefit from a wide network when making efficient, fast, cost-effective, and secure cross-border international payments.”

Klarpay provides ‘a single connection through which to transact across the globe so that businesses can transfer money directly to a recipient’s bank account.” At the same time, it provides businesses “with full visibility with regards to fees incurred, applicable exchange rates, as well as when funds would be delivered from the outset.”

As mentioned in the announcement, Klarpay AG claims to be “a leading fintech company offering online businesses access to multi-currency IBAN accounts, global payment acceptance, and digital disbursement solutions.”

As the first Swiss-licensed fintech company to work exclusively with e-commerce, digital entrepreneurs, and social media influencers, Klarpay seeks “to empower digital businesses through borderless, scalable, bespoke business accounts and payment solutions.”

Founded in 2019, Klarpay AG is “a deposit-taking financial institution authorized and regulated by the Swiss Financial Market Supervisory Authority (FINMA) under the Swiss Federal Banking Act, Article 1b.”

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