The agreement will see the two companies boost the efficiency of making low-value payments while decreasing costs for customers.
“This partnership with Earthport is strategic for us and will allow Desjardins to leverage its ability in offering competitive cost payment solutions for our members and clients,” Simon Jacques, managing director of Caisse centrale Desjardins international department said in a press release.
Desjardins chose to partner with Earthport because of its advance payment operations, its ability to boost FX revenue and its strict adherence to IPFA rules and regulations.
“We are happy to be supporting Caisse centrale Desjardins and look forward to helping them grow their international low-value payments business and support their customers’ requirements into the future,” said Hank Uberoi, CEO of Earthport. “The Earthport model is fast becoming recognized as the efficient, transparent and predictable way to make international payments, utilizing as it does existing domestic clearing infrastructure on a single global network.”
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