Vast Bank forms payment partnership with Cliq
Vast Bank and Cliq partner to modernize payment processing, offering merchants more stable ACH and alternative transaction options.
Curated by Financing Your Way from original reporting by Finextra — Lending. Summary is AI-assisted and editorially reviewed — see our editorial standards.
Vast Bank has partnered with Cliq to expand its payment processing capabilities. For retailers and service providers, this signals a shift toward more flexible transaction methods at the point of sale. Cliq specializes in ACH, alternative payments, and digital asset solutions like stablecoins. This partnership allows a federally regulated bank to offer more modern, tech-forward payment rails. What this means for your business is better stability in 'alternative' payment methods. Many niche lenders and BNPL providers rely on these third-party processors to move money between the customer, the bank, and your merchant account. When a national bank like Vast backs a processor like Cliq, it reduces the risk of transaction failures and increases the speed of funding. If you are looking to offer more than just traditional credit cards—such as direct bank transfers or digital wallet options—this infrastructure makes those tools more reliable. It ensures that as consumer preferences shift away from standard plastic, the backend technology can keep up without disrupting your cash flow.
Source: Finextra — Lending
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