Klarpay launches cross-border business payment solution

Swiss fintech Klarpay has integrated Visa’s ‘B2B Connect’ product to its services to enable business customers to make cross-border international payments.

The new cross-border business payment solution can be managed via Klarpay’s payments dashboard or via a single API integration.

The fintech’s corporate customers will now be able to perform cross-currency outbound payments from Klarpay accounts to more than 90 countries and in over 70 currencies via its dashboard and APIs.

“The ability to make and receive payments quickly and securely is crucial for businesses of all sizes, especially in today’s rapidly evolving online industry,” said Klarpay CEO Martynas Bieliauskas.

“Klarpay’s business customers can now benefit from a wide network when making efficient, fast, cost-effective, and secure cross-border international payments.”

Business customers will have full visibility of any fees incurred, the applicable exchange rates, as well as when funds will be delivered from the outset, according to Klarpay.

Klarpay was founded in 2019 to offer online businesses access to multi-currency IBAN accounts, global payment acceptance, and digital disbursement solutions, and is regulated by the Swiss Financial Market Supervisory Authority.