Earthport and Bank of The Bahamas form partnership

AIM listed payments service provider Earthport (AIM: EPO.L), has formed a partnership with the Bank of The Bahamas.

The partnership expands the companies cross-border payment leverage creating a secure, fast and cheaper payment service for businesses.

No financial details on the agreement were disclosed.

Earthport has gone from strength to strength in the last two years, forming partnerships with payment processing giant Stripe not forgetting Commercial Bank of Ceylon Plc partnership earlier this year.

Sajeev Viswanathan, President Global Strategy, Earthport said: “We are delighted to be partnering with Bank of The Bahamas to provide local payment services into The Bahamas. The addition of this market into our global payment network enables us to service the growing demand for payment services to the Caribbean region. We look forward to working together to deliver payment services to our growing global client base.”

Hubert Edwards, Chief Business Development Officer, Bank of The Bahamas Limited said: “Earthport is revolutionizing the cross-border payments industry globally and we are excited to be a part of this revolution. We welcome this unique opportunity and anticipate a synergistic relationship with many benefits for our local and international clients.”