Clearhaus and PaynoPain reveal partnership in Spain
European payment infrastructure advances as Clearhaus, a Danish acquirer and PaynoPain, a Spanish payment gateway start a new partnership.
Now, Clearhaus, licensed to operate in Europe, will be providing payment rails for parts of PaynoPains transactions on the continent. PaynoPain performed more than 36 million transactions in 2019.
“Just like us, Clearhaus is known for its innovative technological capacity at an international level. We believe our collaboration will clearly benefit Spanish online stores,” says PaynoPain CEO, Jordi Nebot.
Recently, PaynoPain and its payment gateway product, Paylands, has concentrated on helping small companies start selling online and overcome the COVID-19 crisis. But the Spanish fintech is also known for its techsavvy collaborations with hotels and its micropayment solutions for bankless populations in third world countries.
The staff of the two fintechs have yet to meet each other physically due to COVID-19. But as initial talks began, there was immediate chemistry. Both companies are established in 2011 and thus share an innate appetite for rethinking the current payment infrastructure with an API-first approach.
“In spite of the geographical distance, PaynoPain and Clearhaus come from the same place. We are young, technology-focused fintechs wanting to improve the payment industry to the benefit of businesses and consumers,” says Clearhaus CEO, Claus Methmann Christensen.
“Spain is a thriving online market and we are looking forward to serving the Spanish online stores alongside PaynoPain,” says Claus Christensen.
Clearhaus is already active on the Spanish payments scene, albeit to a lesser extent than in its Nordic home markets. However, in the hands of 47 million Spaniards, of which 30 million are avid online consumers, Clearhaus is looking to multiply its engagement in the Iberian peninsula.
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Clearhaus is a financial institution and a European licensed acquirer serving more than 13,000 online businesses in 33 countries with simple and secure solutions at competitive prices. By using Clearhaus, online merchants can accept payments from Visa, MasterCard in 1-3 days. Clearhaus has in a short time gained market share among European acquirers. As a pioneer in payment technology, Clearhaus was the first in Denmark to offer Apple Pay and Google Pay as payment methods to online merchants. Clearhaus continues to add innovative features that make payment more smooth and effortless.
PaynoPain is a Spanish fintech company specialised in online payments. A payment gateway, PaynoPain is known for its capacity for technological innovation and for working with countless Spanish hotels to help them comply with the European PSD2 payment regulations. PaynoPain’s mission is to make any financial management easy and agile with innovative solutions, putting the most advanced technology at the service of society.