by Paul Redmond | Dec 2, 2021 | Payments
With the world increasingly moving to cashless and contactless payments, the use of paper money is dwindling fast. But how many of us have thought about how the use of paper money came into being in the first place? Here, we take a look at the history of paper money...
by Paul Redmond | Sep 8, 2021 | Payments
Clear Junction has developed a range of banking and payments solutions to help acquirers overcome many of the challenges they face. As acquirers operate within a typically neglected sector, the experience, understanding and expertise our team brings helps them receive...
by Paul Redmond | Sep 1, 2021 | 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...
by Paul Redmond | Aug 4, 2021 | Payments
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,...
by Paul Redmond | May 12, 2021 | Payments
Virtual IBANs: Your Complete Guide Virtual IBANs are one of the many payment solutions that Clear Junction provides access to. Indeed, they rank among our most popular and readily utilised services and it is easy to see why: virtual IBANs help banks and financial...
by Paul Redmond | Apr 21, 2021 | Payments
What is Bacs? Complete Guide to Bacs Payments Bacs (or BACS) is an acronym that stands for Bankers’ Automated Clearing System. Put simply, it is a network of banks and building societies that are part of the Bacs payment services scheme and is a convenient means for...
