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Tags » EU, EUFISERV, First Data Corp., Processors, SEPA
First Data Corp. has announced that it has signed an agreement with EUFISERV and its fifteen shareholders (including twelve European banks and banking organizations) to expand and develop the European inter-bank processing network managed by EUFISERV. The two companies said that "connecting the existing networks of EUFISERV and First Data will create the opportunity for customers to access more than 74,000 ATMs, 1.5 million POS merchants and to reach more than 165 million debit and credit card accounts in Europe."
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Tags » Card Payments, EU, EUFISERV
Six European card payment schemes have joined together to establish the "Euro Alliance of Payment Schemes s.c.r.l. (EAPS)". Based in Brussels, the new company will "facilitate pan-European transactions, effectively creating a new European card scheme, generating more choice in this market. Cardholders will be able to use their cards at more places throughout Europe, while retailers will gain more and better opportunities for card acceptance under the uniform EAPS acceptance mark."
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Tags » Card Payments, Debit Cards, EU, EUFISERV, SEPA
Cardholders of European banks will soon be able to use their payment cards for transactions in other European countries just as easily as in their home country according to the new Euro Alliance of Payment Schemes (EAPS). The executives of several national card payment schemes have agreed on principles of cooperation that will enable the creation of a "new alternative for pan-European payments" that will bring significant additional benefits to banks, retailers and cardholders.
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Tags » ATM, EU, EUFISERV, SEPA
EUFISERV has announced that its board of directors has taken decisions necessary for the EUFISERV ATM card scheme to become compliant with the SEPA Cards Framework (SCF). This will allow the scheme to continue to be a part of the European payment system landscape after the launch of SEPA in 2008.
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Tags » China, Debit Cards, EUFISERV
EUFISERV and China UnionPay have announced an agreement that will allow China UnionPay cardholders to access participating EUFISERV member ATM's for cash withdrawal. This is the first agreement that China UnionPay has made with a European processing company.
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