09 Nov

Optal Set to Simplify Payments and Client Onboarding for Perfect Channel Marketplace Users

  • Posted by Optal

Thursday, 9 November 2017, London:

Optal, a world leader in optimising B2B transactions, today announced details of a new partnership with Perfect Channel, a leader in digital marketplace transformation technology. This newly integrated service will provide a single platform, offering a multi-currency payment capability for users of its auction and trading platform.

London-based Perfect Channel is a unique and fast-growing tech business that designs, builds and hosts global dynamic marketplaces; enabling leading marketplace operators such as Christie’s, Leaseplan, AgriClear and dairy auction platform Global Dairy Trade (GDT), to bring multiple buyers and sellers together to trade online.

“The Perfect Exchange platform has helped marketplace operators optimise billions in transaction value every year via flexible trading and matching mechanisms”, said Mike O’Brien, COO at Perfect Channel.

“For the platform to work as intended, it was essential to find a trusted partner to offer payment assurance for buyers and sellers, and ensure any new users of the platform could be on-boarded as quickly and efficiently as possible”, added O’Brien.

Optal’s payment solutions are different. The platform can offer a service where funds are held securely and ultimately, provide multiple payment options including automatically generated 16-digit, single-use payments and Digital Bank Payments.

“We’re delighted to be helping Perfect Channel add value for its customers by providing our B2B payments service in the fast-growing market for digital trading and auction platforms,” said Optal General Manager, Andrew Downes.

“Buying via these marketplaces must be fast, simple and secure or businesses will simply steer away. With Optal, Perfect Channel can finally offer a platform which works with Amazon-like speed and efficiency, to minimise overheads and help drive revenue for all stakeholders.”


Contact details

Bradley Eccleshare

Director of Marketing

Optal Limited

+44 (0)20 3892 4928



Sheryl Joyce

Director of Marketing

Perfect Channel

+ 44 (0)07 5050 0435



About Optal Ltd

Optal is re-inventing how payment processes work across complex industries.  By stripping payment processes of their customary inefficiency, Optal helps companies boost profitability across a growing number of sectors around the world.

Optal issues Mastercard branded payment products, driving its focus on developing and bringing to market, game-changing payment solutions.

For more information about Optal, visit www.optal.com


About Perfect Channel

Perfect Channel is an expert in creating intelligent, enterprise-level auction and trading technologies for businesses. We partner with our clients to build global, dynamic marketplaces to reach new customers, optimise pricing and liquidity, and deliver real-time trading insight. Solutions include enterprise-grade auction and trading platform Perfect Exchange and intelligent analytics platform Perfect Insight.

For more information about Perfect Channel, visit www.perfectchannel.com




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Regulatory Information

Optal Limited is registered in England & Wales No. 5531282. 17 Moorgate, London, EC2R 6AR.

Optal Financial Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 (Register Number: 900112) for the issuing of electronic money.

Optal Asia Limited is licensed in Hong Kong as Stored Value Facility Issuer (Licence number SVF0006), regulated by the Hong Kong Monetary Authority.

Invapay Payment Solutions Limited is authorised by the Financial Conduct Authority under the Payment Services Regulations 2009 (Register Number: 631411) for the provision of payment services.

Optal Financial Limited, Optal Asia Limited and Invapay Payment Solutions Limited are wholly owned subsidiaries of Optal Limited.

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