OREANDA-NEWS. Earthport (AIM: EPO.L), the leading payment network for cross-border transactions, today announces an agreement with The FX Firm, the leading FX specialist in providing services to the payroll sector.  The agreement is intended to facilitate The FX Firm's business expansion and to enhance its offering as the efficient, secure facilitator of cross-border payroll services.  

Earthport's technology will enable The FX Firm to deliver faster, cheaper cross-border payments.  Through adopting this system, The FX Firm will remain competitive and deliver on its promise to provide 'swift and simple payments'. 

Earthport's payment network offers clients access to an evolving suite of payment methods in over 60 countries in a fast and highly cost effective manner, following the same rigorous compliance processes necessary in a global payments environment.  

Rob Munro, Chairman of The FX Firm, said, "We have selected Earthport as it is the leading facilitator of high volume cross-border payments.  Its highly sophisticated payments network enhances our cross-border payroll offering to corporates while enabling our planned business expansion." 

Daniel Marovitz, Earthport President Europe, commented, "We are delighted to announce this deal with the FX Firm.  Earthport is uniquely placed to underpin The FX Firm's cross-border transactions and to ensure it continues to provide secure payments at a competitive rate."

About Earthport:

Earthport plc is a financial services organisation providing cross-border payments services to banks, e-commerce providers, money transfer companies and payment administrators. Earthport is headquartered in London with regional offices in New York, Miami, Dubai and Singapore. 

One of the FinTech50 2015 - judged to be the game-changers transforming the future of finance - Earthport is also the winner of the Grant Thornton Quoted Company Awards 2015 Technology company of the year award and FStech/Retail Systems' B2B Payments Innovation of the Year (2014).

Earthport provides the industry with access to a global payment network through a single contract, a single technical integration, and a single service relationship. Worldwide, over 50 banks are connected into Earthport's network for the efficient clearing of low value payments. Through a single relationship, clients benefit from sophisticated validation, message transformation and compliance services, efficiently serving their customers with more innovative payment products. 

Earthport is listed on the Alternative Investment Market (AIM) on the London Stock Exchange. Earthport plc is authorised and regulated by the Financial Conduct Authority under the Payment Service Regulations 2009 for the provision of payment services. 

About the FX firm:

The FX Firm is an FCA Authorised Foreign Currency Exchange and International Money Transfer specialist. It deals directly in the foreign exchange markets to obtain the best currency exchange rates and provide expert international payments and money transfer services for its clients. Whether a business or a private client, the FX firm is able to offer the best currency transfer rates and can transfer money abroad to any account in the world through its state of the art international payments systems.