Clear2Pay, a technology provider for electronic payments, has acquired Jware Technologies to enhance its eCommerce and mobile payment solutions.

Jware’s solutions will be integrated with Clear2Pay’s existing Open Payment Framework.

Michel Akkermans, chairman and CEO of Clear2Pay said: “Payments through eCommerce shops and mobile devices are increasing and as such form an important channel component in the wider payment space, which we address with our Open Payment Framework.”

“Jware’s technology will therefore enrich our offering around eCommerce, card-based applications and mobile payments as part of our Open Payment Framework.”

Jware develops and sells solutions to banks, financial institutions, retailers and payment processors in Europe, the Middle East and Africa. It will become branded as Clear2Pay as part of the deal.

David Gebhardt, CEO of Jware Technologies, added: “This acquisition is perceived by our team as a natural next step in our partnership which has always been based around a core and joint passion: offering state-of-the-art payments technology for a converging world.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.