With more than 23,000 digital platforms and 3,000 marketplaces, the constantly growing digital business sector in Europe is the focus of Ryft and Clearhaus' relationship. These organizations urgently demand transaction processing that complies with PSD2 and gets over traditional obstacles like expensive overhead and complicated licensing requirements. Through this partnership, these procedures should be streamlined, making it simpler for these platforms to enter the market and grow.

Manchester-based Ryft uses its FCA license to provide technological solutions that let online marketplaces and digital platforms profitably from transactions. Their services are crucial for companies wishing to process payments in accordance with PSD2 regulations, as they gain from Ryft's well-established UK market presence and alliances with well-known companies like easyFood.

Danish bank Clearhaus contributes its knowledge in payment processing with an emphasis on client-focused solutions. Clearhaus may expand its operations into the UK market and beyond without requiring extra license by incorporating Ryft's technology, which makes it a desirable partner for European digital enterprises looking to improve their transaction capabilities.

Through this partnership, Clearhaus will be able to take use of Ryft's industry-leading technology and licensing to efficiently expand operations throughout Europe, especially in light of the more difficult post-Brexit market entrance environment. This alliance not only helps Clearhaus expand, but it also puts Ryft in a strong position to compete with other alternative payment options like Adyen and Stripe Connect.

"We've been working closely with the Clearhaus team over the last year to bring an exciting payments proposition to the market together, which we're delighted to have finally launched," stated Sadra Hosseini, co-founder and CEO of Ryft. The core values of Ryft and Clearhaus are similar in that they both prioritize delivering the greatest technology available while moving quickly and anticipating client demands. We can't wait for this collaboration to develop further and for Ryft to expand throughout Europe with Clearhaus' assistance.

"We're thrilled about the expansion of our partner portfolio through the new collaboration with Ryft, a specialist in platform payments," said Djoek Derksen, Senior International Partner Manager at Clearhaus. Through this cooperation, we will be able to provide our customers with a more competitive, contemporary platform payment option. When coupled with our broad support for currencies, this solution is ideal for retailers throughout Europe. In collaboration with Ryft, we hope to offer a smooth payment experience by bringing our quick onboarding times.