UTRECHT, the Netherlands,
May 28, 2015 /PRNewswire/ --
First client LIVE in Germany;
now expanding to other countries
Equens has announced the first go-live of its new white-label
PSP proposition for banks, acquirers and payment service providers
(PSPs). This new proposition is part of the omnichannel solution
Equens has brought onto the market. It creates a one-stop-shop
model for banks, acquirers and PSPs both for offline and online
retail payments across Europe. The
first client Equens is serving with its white-label PSP solution is
a European acquirer who has set up an offer for the German market
and is now preparing to enter other European
markets.
The white-label PSP proposition enables Equens' clients to offer
PSP services to merchants without having to make major investments
in technical infrastructure, support, financial and contractual
administration, and compliance. This way, Equens allows its clients
to solely focus on the interaction with their customers and
prospects.
What distinguishes the Equens proposition in the market is that,
besides being white-label, it can be offered both in a distributing
and collecting model for a large number of payment methods in
Europe. In the collecting model,
the clients can offer the merchant one contract for multiple
payment methods, whereas at the moment the merchant needs to enter
into several contractual agreements with multiple parties.
The Equens PSP solution also allows the clients to offer one
merchant payout and a reconciled transaction overview for all of
their payment methods - either on a daily, weekly or monthly basis.
In the current situation, merchants are confronted with an
increasing administrative workload, as they receive money flows and
financial summaries from different parties at different times,
depending on the payment methods they offer via their web
shops.
For Equens, the white-label PSP solution is an important
building block towards omnichannel, full-service retail payment
solutions. "We have fifty years of experience in the European
payments market", says Board member and Chief Market Officer
Alessandro Baroni. "When it comes to
retail payment solutions, Equens has the know-how, the technical
background and the back office to support banks, acquirers and PSPs
on every level for both offline and online payment solutions. Our
clients will have a one-stop shop to support omnichannel
payments."
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Editorial note
About Equens
Equens SE is one of the largest payment providers in
Europe, processing 9.7 billion
payments and 5 billion POS and ATM transactions each year. Our core
business consists of connecting payers and payees by offering
services that enable them to make and receive payments in a
seamless, secure and efficient manner. Building on more than 50
years of experience in the payments industry, we offer modular,
customisable and future-proof solutions covering the entire
payments value chain. Besides traditional payments, our platforms
are also geared for e-payments, m-payments, e-mandates and
e-identity transactions. With offices in five countries, we service
a broad, international client base in numerous countries across
Europe. The way we combine scale
and European market coverage with local presence and expertise
gives us a unique ability to improve our clients' competitive
edge.
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For additional information on Equens, please visit
http://www.equens.com.
SOURCE Equens SE