Cross-border payment service provider Earthport has reached an 11.3m dollar deal with Bank of America Merrill Lynch.Earthport, which is already an existing key supplier to the investment bank, will help it to expand its low-value clearing capabilities globally and to make its high-volume, low-value payments more efficient.The British group, which offers services such as handling urgent volume payments such as bulk payroll, expense disbursements and pension payments, expects minimum revenue of $11.3m, with most of it due in the first 30 months of the agreement.Shares in Earthport closed 4.12p up at 28.25p in London.PW