Increased Transaction Flows Indicate Widening Acceptance of EAPS

Consorzio Bancomat and Zentraler Kreditausschuss have opened up the Italian and German processing gateways, SIA-SSB and CardProcess, under the Euro Alliance of Payment Schemes (EAPS) framework to support their agreement to allow each other’s cardholders to withdraw cash from their respective ATM networks. The operational success, which has resulted in the acceptance of Italian debit cards at 19,000 German ATMs, further extends the reach of EAPS across Europe, bringing it one step closer to realising its goal of becoming the leading European payment card scheme.

Other processing gateways working to advance the implementation of EAPS among its members and to extend the reach of EAPS in Europe include BV Zahlungssysteme, Equens Italia, finanz informatik, Trionis, VocaLink and VÖB-ZVD.

Ugo Bechis, chairman of the EAPS board and head of the single euro payments area (SEPA)-Payments at UBI Banca, said: “EAPS is steadily gaining momentum as a leading European payment card scheme with debit card transactions continuing to increase. Thanks to the valuable support of all our active payment scheme members and their processing gateways, we have been able to demonstrate how individual issuing and acquiring institutions can cost-effectively optimise their existing ATM and POS acquiring infrastructures, by participating in EAPS.”

EAPS was launched in 2007 to unite the networks of independent card schemes throughout Europe under a single European framework – a payment ‘scheme of schemes’ – providing an alternative to the international payment schemes. EAPS increases competition within the payments sector by enabling card schemes, acquirers and individual institutions to develop mutually advantageous connections with each other, in order for debit cardholders in one European country to use their cards for ATM and point-of-sale (POS) transactions in other European countries.

EAPS is open to new partners. Card schemes, banks and payment institutions compliant with European requirements and the SEPA Cards Framework of the European Payments Council (EPC) are encouraged to join, as EAPS offers an established European card alternative that leverages existing customer bases and relationships.


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