Orbital has partnered with ClearBank Europe to enhance its euro-denominated payment infrastructure.

This integration allows Orbital’s cross-border payment platform to offer enterprise clients direct access to SEPA Instant Credit Transfers, International Bank Account Numbers (IBANs), and real-time euro clearing, all while adhering to anti-money laundering (AML) and know-your-customer (KYC) regulations.

Better Management of Euro Payments

Officials from Orbital state that the partnership is aimed at improving the efficiency of euro transfers and reducing transaction costs usually associated with traditional international payment systems. By consolidating digital asset and fiat transaction management under one system, enterprises can better handle liquidity, counterparty identification, and reconciliation.

Cross-border payments in Europe have traditionally relied on legacy infrastructure such as SWIFT, which has often led to delays, high costs, and a lack of transparency. Businesses dealing with international operations typically use various financial tools to meet their treasury needs, but this fragmented approach poses challenges related to risk, operational complexity, and compliance.

Streamlining Access to Euro Payment Infrastructure

The collaboration between Orbital and ClearBank Europe is expected to streamline access to euro payment systems. SEPA’s instant payment capabilities can help reduce settlement times and eliminate foreign exchange fees often encountered in cross-border EUR transfers.

Orbital chose to work with ClearBank Europe due to the bank’s real-time clearing systems, API access, and compliance track record. While stablecoins are increasingly popular for cross-border operations, they must be seamlessly integrated with fiat currencies through real-time on- and off-ramps to ensure end-to-end efficiency.

ClearBank Europe officials indicated that the partnership supports Orbital’s clients by providing them with enhanced access to regulated financial infrastructure while aligning with ClearBank’s mission of serving both traditional and digital finance platforms.