Desjardins Selects Earthport's Global Payments Network
Earthport has signed an agreement with Caisse centrale Desjardins to provide international payment services, helping Desjardins’ customers make efficient low-value payments in an expanded number of markets globally.
Caisse centrale Desjardins said it selected Earthport for the efficiency its solution brings to payment operations, its ability to drive increased FX revenue and its adherence to the standards and guidelines of the International Payments Framework Association (IPFA). The IPFA promotes the use of ISO 20022, the ISO standard for financial services messaging.
Caisse centrale Desjardins is part of Desjardins Group, the leading cooperative financial group in Canada and the fourth largest cooperative financial group in the world.
“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,” said Simon Jacques, managing director of the international department at Caisse centrale Desjardins.
Earthport’s service is optimised for high volumes of lower value cross-border payments. Its clients include some of the world’s largest banks and financial institutions, e-commerce providers, money transfer operators and payment administrators.