The UK based Fintech GR8PAY is teaming up with the Danish Financial institution Clearhaus, providing the technology needed for GR8PAY to undertake online payments throughout Europe, competing with Stripe and Paypal.
Claus Methmann Christensen, CEO at Clearhaus, said “We felt a connection with GR8PAY right away. The team embodies a rare combination of deep knowledge, amazing talent, and a sincere dedication to providing the best solutions available for developers and merchants alike. We are always open to engage in strategic partnerships and provide Visa and Mastercard payment rails for promising Fintechs. We are looking forward to joining GR8PAY on their promising journey.”
Clearhaus is a financial institution and a European licensed acquirer supporting more than 15,000 online businesses in 33 countries. By using Clearhaus, online merchants can accept payments from Visa and MasterCard in 1-3 days.
“What struck me the most about Clearhaus was the clean and simple APIs that Clearhaus offers. In combination with a fast onboarding process, great support and a comprehensive risk profiling system, we have found the perfect partner for our future expansion in Europe,” said Jamie Hall, GR8PAY founder.
Based in Swindon, GR8PAY was founded in 2020 and offers payment infrastructure to online businesses and web developers. Though still a new company, GR8PAY differentiates itself from the likes of Stripe and PayPal by having built the developer portal, Pay2Code.
“Our bigger competitors often leave developers on their own. But with us, the developers can communicate and benefit directly through Pay2Code. We want to be the best at accommodating the developers’ needs and in return we offer a highly skilled customer service and a UK-based call centre,” said Hall.
Gr8Pay is currently operating exclusively in the UK but plans to expand to mainland Europe within the coming months.