Rabobank (NL) Implements Clear2Pay's Open Payment Framework

By Clear2pay, PRNE
Monday, September 27, 2010

BRUSSELS and AMSTERDAM, September 28, 2010 - Clear2Pay, the international technology provider of next generation
payment solutions for financial institutions announces that it has entered
into an agreement with Rabobank (NL) for the provision and implementation of
a bank wide payments hub powered by the Open Payment Framework (OPF).

The Open Payment Framework will be part of the infrastructure that
facilitates the payments processing for the bank's activities in the
Netherlands
. The first deliverable SEPA Direct Debit (part of the full SEPA
suite), will go live by the end of the first quarter of 2011.

Rene Steenvoorden, Chief Information Officer, Rabobank Group states:
"After a thorough vendor review we opted for Clear2Pay's Open Payment
Framework because of its state of the art technology, which will support us
for years to come and its rich and relevant functionality."

Michel Akkermans, Chairman and CEO of Clear2Pay adds: "We are obviously
delighted to work with one of the leading banks in our 'home region'.
Rabobank proves time and time again that operational excellence sits at the
heart of their customer facing strategy. Reliable, fast and cost effective
payment services are therefore of vital importance to Rabobank and its
(international) customers and this is the joint aim we strive for."

A photograph of the official contract signing is available upon
request: conny.dorrestijn@clear2pay.com

About Clear2Pay

Clear2Pay is an innovative financial technology company
focused on delivering globally applicable solutions for secure, timely
electronic payments and is headquartered in Brussels, Belgium. For more
information, please visit www.clear2pay.com.

About Rabobank

Rabobank Group is an international financial services provider
operating on the basis of cooperative principles. Rabobank Group offers
retail banking, wholesale banking, asset management, leasing and real estate
services, with emphasis on providing a comprehensive package of financial
services in the Netherlands. Internationally the Rabobank Group is focussed
on the food and agricultural sector. Rabobank Group is comprised of
independent local Rabobanks plus Rabobank Nederland, their umbrella
organisation, and a number of specialist subsidiaries. The group entities
maintain strong mutual ties. Rabobank Group's total employee base numbers
about 58,400 FTEs, who serve approximately 10 million clients in 48
countries.

In terms of tier 1 capital, Rabobank Group ranks among the
world's 25 largest financial institutions. Rabobank Group has the highest
credit rating, awarded by rating agencies Standard & Poor's, Moody's Investor
Service and DBRS.

    For more information:

    Clear2Pay NV/SA
    Conny Dorrestijn - VP Marketing and Communications
    Email: conny.dorrestijn@clear2pay.com
    M: +31-651-067201

For more information: Clear2Pay NV/SA, Conny Dorrestijn - VP Marketing and Communications, Email: conny.dorrestijn at clear2pay.com, M: +31-651-067201

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