BPC and Form3 have announced a partnership to deliver a complete cloud-based payments solution. The solution will cover origination, processing, clearing and settlement.

The partnership has already delivered UK Faster Payments, CHAPS, BACs and SEPA services to a well-known payments provider. The partnership fits within BPC’s CloudIT strategy, which is BPC’s Payments as a Service offering.

The solution is designed to enable customers who do not want to invest in infrastructure and other resources to deploy their required market solutions, turning their payments vision into reality quickly and cost-effectively.