Car parking space provider Vinci Park has selected Worldline, the Atos subsidiary in electronic payment (e-payment) and transactional services, to facilitate its migration to the single euro payments area (SEPA).
The French group, which has operations across 14 countries, uses Worldline’s solution to ensure its effortless migration to SEPA. Vinci Park has also chosen Worldline to provide management and electronic signature of its SEPA mandates so that it can offer clients an innovative e-payment solution via electronic mandate signature, remotely or at point of sale (PoS).
Vinci Park selected Worldline for its flow management capability and the extensive functional coverage of its SEPA solution ‘Payment Suite”’ for simplified adoption of SEPA instruments:
With Worldline’s e-signature platform, Vinci Park will be able to create, modify and cancel a mandate completely paper-free, enabling significant cost saving. Users may choose to pay for their Vinci Park subscription, securely and simply, by SEPA-format direct debit using online mandate signature.
SWIFT has announced that it has successfully completed the first phase of the global payments innovation (GPI) initiative pilot, clearing the way for the go-live of the service in early 2017.
Sentiment in the financial services sector deteriorated in the three months to September, as firms digested the challenges of lower interest rates and the uncertainty caused by the vote to leave the European Union (EU), according to the latest CBI/PwC Financial Services Survey.
However, a London summit on the industry’s introduction of the technology cautions that testing and acceptance are still at an early stage and firms should proceed with caution.
The proposals of both US presidential candidates could shake up operating conditions in several sectors, reports the credit ratings agency.