Clear2Pay and ENSICAEN team up to train tomorrow's smart card payment experts

 Internationally renowned French school to use Clear2Pay's field-proven payment processing platform in its educational program

Brussels 6 December 2010 - Clear2Pay, the international technology provider of next generation payment solutions for financial institutions, today announces it delivered an end-to-end payment processing solution for use in the educational program of ENSICAEN, a France-based public higher education institution supervised by the French Ministry of Education and Research. Student engineers will now be taught the ins and outs of smart card-based payments processing by using a genuine end-to-end solution that will enable them to truly master the challenges of EMV card payment technology. ENSICAEN is the world’s only higher education institution that has a grade in smart card payment technology and welcomes students from all over the globe to deliver best-in-class payment experts to the market.

The provided solution comprises Clear2Pay’s Jware Java™-based Open Card Switch solution including POS terminals and sample cards. The solution connects with the school’s Automated Teller Machine (ATM) network to enable payment transactions. Besides this newly installed solution, ENSICAEN already uses Clear2Pay’s Integri Test Tools in its educational program as well as a unique e-payment platform developed since 2006. Many graduates have joined Clear2Pay over the last years to start a successful career.

Jean de Crane, Chief Operations Officer at Clear2Pay says: ”We are very proud to work with ENSICAEN to remodel their program and thus contribute to the advancement of the card payment industry. It’s also great to see that the Open Card Switch solution, that is part of our portfolio, is the work of engineers who graduated from ENSICAEN many years ago.”

Marc Pasquet, full professor in e-payment at ENSICAEN adds: ”Being able to offer our students this hands-on approach to study electronic payments in all its facets, is simply a great asset for their future endeavours. Clear2Pay is obviously one of the true leaders in the payment technology sector and it really is a privilege to partner with such a skilled company with hands-on international experience at a wide range of financial institutions.”

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About Clear2Pay

Clear2Pay is an innovative financial technology company focused on delivering globally applicable solutions for secure, timely electronic payments. Headquartered in Brussels, Belgium, the company facilitates banks and financial organizations in their provision of payments services. Clear2Pay's technology helps to reduce transactions processing costs, and to deliver new, compelling payment services in a competitive way. Clear2Pay's payment solutions offer organisations easy, branded ways for their customers to pay online: from complex trade-supporting business-to-business environments, through e-commerce applications, to retail payments and remittance services across the widest possible choice of channels. Functions embrace payments origination, reporting, linkage with back-office processing systems, clearing, netting and settlement. In addition, the company markets Integri test tools for end-to-end validation of payment, ticketing and mobile applications.Clients include global and major regional financial institutions such as ING, Banco Santander, CréditAgricole, VISA, MasterCard, BNP Paribas, The Federal Reserve, PBS (Denmark), The People Bank of China (PBOC), Bank of East Asia, ANZ and Commonwealth Bank. Clear2Pay operates out of Belgium, France, the Netherlands, Poland, Spain, United Kingdom, Senegal, United States, Australia, China, Malaysia and Singapore and currently employs over 600 staff. For more information, please visit www.clear2pay.com.

About ENSICAEN

ENSICAEN is the fruit of a long tradition of engineer training in Normandy dating back to 1913. The school’s distinctive characteristic is the very strong link between higher education, research & development, and industrial partnerships. It is located in the heart of the large and renowned scientific campus of Caen, along with the University, a technology institute, large national and international research infrastructures (GANIL and CYCERON), and lies close to the region’s main industries. ENSICAEN offers four main engineering degrees : electronics and applied physics, computer science and materials science – chemistry, mechanical and material engineering. Research is a distinctive feature of the school. Its 7 joint laboratories with national research organisations (CNRS/CEA) and 1 laboratory with an industrial partner make it a well-known member of the international scientific community. Over the last 15 years, ENSICAEN, together with a club of industrial partners, has developed a unique specialization in the field of e-payment technologies. Thus, it is about 100 students that are graduated every year in this specific domain. This makes ENSICAEN the world’s leader in the field of education and training in e-payment technologies.

For more information:

Clear2Pay NV/SA
Conny Dorrestijn - VP Marketing and Communications
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M: +31 651 067201

Steve Lacourt – Marketing and Communications
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T: +32 476 53 13 80

ENSICAEN
Dr Guillaume BOITIER – Director of industrial cooperation department
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T: +33 (0) 2 31 53 81 64