What are CHAPS payments?

What are CHAPS payments?

What are CHAPS payments? Complete Guide The Clearing House Automated Payment System (CHAPS) is one composed of more than 30 direct participants and over 5000 financial institutions. Here, we take a look at the history of CHAPS, who it is designed for and the benefits...
What is Faster Payments? A Complete Guide

What is Faster Payments? A Complete Guide

WHAT IS FASTER PAYMENTS? A COMPLETE GUIDE TO FPS The Faster Payments Service (FPS) is an extremely popular method of making fast, effective and reliable payments in the UK. As the name suggests, payments made through FPS are much quicker than other methods,...
KoronaPay enhances its UK remittance services

KoronaPay enhances its UK remittance services

KoronaPay Enhances Its UK Remittance Services Clear Junction has recently started working with KoronaPay to provide collection accounts that enable them to receive funds from individuals paying in sterling. The partnership facilitates KoronaPay’s remittance...
Clear Junction Shortlisted for EPA 2021 Awards

Clear Junction Shortlisted for EPA 2021 Awards

CLEAR JUNCTION SHORTLISTED FOR EPA 2021 AWARDS The Emerging Payments Awards is one of the most prestigious events for the UK payments industry. They celebrate innovation and collaboration within the community, so we are proud to announce that Clear Junction has been...