Digital cloud-based payments provider Viva Wallet has accelerated its growth into the UK market after agreeing a new partnership with Clearbank, which will become its new banking provider in the UK.
Viva Wallet, the first European entirely cloud-based payment services provider, was formed to adapt the way businesses pay and get paid. The firm offers businesses of all sizes acceptance of 24 payment methods through Smart Android card terminals and free eCommerce plugins for the online store platforms.
Alongside the ability to provide next-day settlement, Viva Wallet offers 0% card acceptance fees for customers who utilise both issuing and acquiring services.
Haris Karonis, CEO of Viva Wallet commented: “My team and I are pleased to announce our selection of ClearBank as our banking partner in the UK. As we accelerate as a business, we needed to ensure we had the right provider that could support our growth. As a like minded business, we have found a long-term provider in ClearBank and I look forward to a close working relationship.”
ClearBank is a cloud-native, full UK clearing bank with a technology platform designed to offer near real-time access to a full range of Banking-as-a-Service solutions.
These API-enabled services and products can be tailored to meet the specific needs of fintech’s, enabling businesses such as Viva Wallet to enhance and evolve their offering.
Charles McManus, CEO of ClearBank added: “We’re excited to start work with the team at Viva Wallet. As cloud-based financial services providers that both fully leverage the power of Microsoft Azure, Viva Wallet and ClearBank have many synergies. We look forward to supporting Viva Wallet for the next phase of its growth and ultimately, enabling businesses to access better ways of making and receiving payments.”