Marketplaces
Clear Junction’s banking and payments solutions enable marketplaces to automate payouts in the UK, EU and non-EU countries.
Connecting to the Clear Junction platform facilitates automated payouts and provides your customers with exceptional service levels that boost retention and attract new business.
Our e-money accounts facilitate the holding of client funds and can be opened in your customers’ names, making financial reporting easier, more efficient and quicker. Ultimately, our knowledge and experience has resulted in an end-to-end solution that benefits marketplaces in myriad ways.
Spark customer growth and ignite your payment ambitions.
How clear junction powers marketplaces
Partnering with Clear Junction provides marketplaces with a highly effective and efficient means of automating payouts to sellers. You can choose from a range of different payout processes and hold client funds in separate e-money accounts to easily make payments to and from them.
- Automate payouts in jurisdictions around the world
- Simplify payout processes in a range of different methods
- Boost customer retention and attract new customers through improved service levels
- Link accounts to virtual IBANs for local currency payouts
- Utilise e-money accounts for holding client funds in the customer’s name
- Trigger payments in real time 24/7
FEATURES & BENEFITS FOR MARKETPLACES
Clear Junction’s proprietary technology enables marketplaces to boost their service offering to sellers and other customers. Through a simple integration with our API, marketplaces can trigger payouts automatically, ensuring speed, efficiency and cost-effectiveness. In addition, we can grant you access to a range of payment services to cater to your customers’ requirements.
Access solutions you need
Accessing the accounts, banking and payments solutions you need to operate is often the first major hurdle marketplaces need to overcome. We can help you do just that.
Reach wider audiences
Connecting to the Clear Junction network and associated payment rails immediately opens up new channels for your business through which you can reach new, wider audiences.
Safe and compliant services
We take compliance and security as seriously as you would expect from a responsible fintech. We are licensed by the FCA as an EMI and have protective processes in place.
Automate and integrate
Our API enables seamless integration to automate many of the services you will be offering to customers. You can also manage your account through our online banking platform.
Boost efficiencies and processes
Partnering with Clear Junction gives you access to payment networks across the UK, EU and non-EU countries. We facilitate fast payouts to boost efficiencies.
Manage and track everything
Our online platform provides a general overview of all payments, transactions and activities, thereby enabling your team to manage and track everything quickly and easily.
Compliance & Security
We take compliance and security extremely seriously and have the knowledge, experience and processes in place to ensure client funds are held securely at all times. We have rigorous onboarding procedures in place and conduct in-depth due diligence, AML and KYC as standard.
Global Coverage
We are licensed as an electronic money institution by the Financial Conduct Authority and have access to payment rails that extend across the UK, Europe, non-EU countries and other jurisdictions.
Regulations
We adopt a proactive approach to emerging risks and evolving regulations. Our view is that a proactive response is better than merely reacting to changes as and when they arise.
PCI Certification
We selected PCI DSS certification as the standard to use throughout our organisation. It is the de-facto industry standard, has an excellent reputation and helps build trust with our customers.
Protection
Data protection and financial operation security are the most important criteria that Clear Junction relies on. We use advanced solutions to protect our partners and their data.
Authentication
We use multi-factor authentication mechanisms to ensure that all people having dealings with Clear Junction are who they say they are – security and peace of mind is of paramount importance.
Technology
Our bespoke technology is used in all of our service provision processes. This proprietary technology undergoes regular third-party audits to ensure it meets our high standards at all times.
Our solutions
Clear Junction has developed a global digital payment processing platform that enables clients to receive, hold, transfer and pay out in multiple currencies through a single touchpoint. Above all, we pride ourselves on powering financial institutions by providing simple solutions to complex issues.
Our solutions are designed to help you gain control and clarity, increase efficiencies, secure peace of mind and enter new markets. Partner with Clear Junction, power the delivery of exceptional services to your customers and realise your growth ambitions.
Correspondent Account
The correspondent account that Clear Junction provides is the cornerstone of our customer offering. Put simply, it is a payment account that enables financial institutions to hold and maintain a monetary balance in their own name. From here, you can make, receive and convert payments on behalf or in favour of your customers in multiple currencies across multiple jurisdictions. The correspondent account also serves as a portal through which our clients can access all other Clear Junction solutions.
Virtual IBANs
Virtual IBANs can be used to send and receive payments around the world, enabling them to widen their customer base, provide settlement solutions and expand into new markets.
Payments
Access a range of payment networks to expand your reach. Our platform enables you to connect to a digital infrastructure that facilitates payments in the UK, across Europe and non-EU countries.
FX
Our FX solution enables FIs to convert multiple currencies quickly and easily. Through a simple connection to our online platform, businesses can make payments in their customers' preferred currency.