Clear2Pay acquires payments firm Ereon

Brussels - 30 June 2009

Clear2Pay, the international technology provider of next generation payment solutions for financial institutions announces that it has acquired the Dutch payments consultancy house Ereon. With this acquisition Clear2Pay reinforces its dedication to delivering expertise and solutions to the payments industry at large.

Clear2Pay assists banks and other financial institutions with the strategic and operational payments issues they face. Clear2Pay’s consultants operate in a range of functions across the company from pre-sales support to consultancy, product implementation, interim management, training, programme and project management. The Ereon team, primarily active in the Dutch market, will join the ranks with immediate effect and add valuable expertise on the SEPA and PSD front, as well as sourcing issues, market entry models, governance and trade finance. From this expertise both the product specialists and developers, as well as customer facing staff such as pre-sales and project management will benefit and vice versa.

Michel Akkermans, Chairman and CEO at Clear2Pay states: “In these challenging times we experience that more than ever the combination of expertise, experience and product is what matters most. We are delighted to be able to add the Ereon professionals to our team. We share the same vision about the future of our industry, and like ourselves they have a unique focus on the payments and transaction services space, where we share a number of customers.”

Gaston Aussems, Co-founder and partner at Ereon comments: “We see that payments have moved very fast from a national to a global issue with consistent revenue opportunities, even at this moment in time. However, as an industry, we face some huge issues with regards to new regulations, migration of existing platforms and M&A activity, but also opportunities in the sense of new technology. Working within a team which sits at the heart of these developments with some very exciting projects at present, not only in Europe, but around the world, gives us a solid footing for the second phase of our company. As such we are very pleased to grow and share our expertise within the Clear2Pay framework”.

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