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Clear2Pay and TODO1 implement Bank Payment Hub Solution at Banco Mercantil
Next generation payment hub offers TODO1 member banks an EBPP solution


Banco Mercantil is the largest bank in Venezuela, processing hundreds of thousands of bill presentments
and payments annually. TODO1 delivers the software and services to Banco Mercantil for all on-line products and recently selected Clear2Pay to provide an integrated platform to support their current and
future payment processing needs.

Julián Saldarriaga, CEO of TODO1 Services Inc., stated: “The payments through electronics means are rapidly gaining momentum each day in our market, creating great opportunities for us to better serve our customers and requiring the need for a state-of-the-art solution. Our member banks require a solution that not only meets their short term tactical needs, but also provides a strategic payments platform that will support their robust payment requirements in the future. Clear2Pay’s Bank Payment Hub and their strong commitment to providing best of breed solutions for the payments industry provides us the future-proof strategic solution that we need to help best service our customers. We look forward to growing our relationship globally.”

Matt Ellis, General Manager of Clear2Pay Americas, stated: “We are delighted that a company like TODO1, which supplies banking services to a range of banks within Latin America, is our launching customer in the region. TODO1 stated from day one that they wanted both a tactical EBPP solution and a strategic, flexible payment hub that would provide the foundation for multi-channel, cross country low and high value payment types. The Clear2Pay Bank Payment Hub solution fit the bill.”

Michel Akkermans, CEO and Chairman of Clear2Pay, adds: “Our Bank Payment Hub solution is one of the few truly Service Oriented Architecture (SOA) based frameworks in the industry, and we see it as a confirmation of our chosen strategy that yet another group of large financial institutions in the Americas has entered into business with us. TODO1 is a very experienced and successful services company, and the combination of their experience and our solutions will result in market leading products and services for their member bank customers.”


Publisher Contact Information:

Clear2Pay nv/sa
+32 15 79 52 00
conny.dorrestijn@clear2pay.com

Company profile of Clear2Pay nv/sa
Past press releases of Clear2Pay nv/sa.

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