Cloud Payments become the first Irish based non-bank entity to offer current accounts across the EEA
Cloud Payments, a leading Irish online Payment Provider that specialises in prepaid card services and the provision of on-line banking services has extended its banking solution to become the first Irish non-bank provider to launch an IBAN Current Account service to customers!
Business and Consumer Customers can avail of a new service offering which includes a EUR International Bank Account Number “IBAN” Current Account with card functionality enabling customers to automate payments in and out, including standing orders and SEPA Credit and Debit Transfers throughout Europe. Through this facility, Cloud Payment’s partners can also enrol their customers simply via API solutions and provide them with individual IBANs that allow access to basic bank account functionality without a complicated sign-up process. The major benefit for the account holder is the ability to set up recurring payments directly from their Cloud Payments current account with full online access across the Eurozone. No more missing payments, no more wrong references complete real time SMS alerts!
This latest innovation further cements Cloud Payment’s position as one of Ireland’s newest fastest growing indigenous FINTECH payment providers by fully utilising its stakeholder and partnership agreements to provide multiple payment solutions to the benefit of consumer and business customers operating including those operating in the SME sector.
Cloud Payments recognises that many of our European clients want to combine the ease of use of a basic current account with the flexibility and functionality of a prepaid card. The ability to switch a card, or account, off in real time or just enable it for when the customer wants to use the card is a huge benefit to the client. Cloud Payments and its partners can now offer a total range payments services with acquiring services for ecommerce merchants, issuing of prepaid cards and now the launch of our IBAN current account banking product in SEPA incoming and outgoing payments across 19 countries. It enables us to provide everything a consumer or business needs, all through a single provider.