5th Jun 2014 10:39
LONDON (Alliance News) - Earthport PLC said Thursday that it has been selected by Aktif Bank in Turkey to provide international payment transaction services.
Earthport said that under the terms of the deal - its first in the country - it will support the Turkish bank's plans for multi-currency international payments services in order to help its corporate customers trade internationally and retail customers of its Universal Payment Transfer service to make more cost effective cross-border payments.
The company said Aktif Bank is expected to go live with its international payments service in the coming months.
Earthport said that Aktif Bank has been its banking partner in Turkey since 2012, providing local bank payments clearing in the country.
Shares in Earthport were trading 3.13% higher at 41.;25 pence per share Thursday morning.
By Alice Attwood; [email protected]; @AliceAtAlliance
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