Earthport has partnered with Bank of The Bahamas Limited, to provide local payment capability into The Bahamas.

Through this new partnership Earthport will help support the efficient, secure and cost effective payment services into the country and further strengthen payment capability into the Caribbean. Currently, this market is only available for financial institution clients due to a condition of Earthport’s regulatory approval in the Bahamas.

Earthport enables clients access to fast, secure and cost effective payments to over 60 countries globally, through a single contract, a single technical integration and a single service relationship.

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.”