Equens joins EPASOrg to establish interoperability in card payments
Date: Thu, 11/12/2009 - 15:08
Recently, the international non profit organisation EPASOrg has been established for promoting, developing and maintaining card payments protocols. EPASOrg promotes the widespread acceptance of the EPAS protocols, a series of standards to ensure interoperability between card acceptance an acquiring solutions, integrated retail and terminal management systems
Card payment stakeholders are currently confronted to various non-interoperable message technologies, which hinder the current convergence process in payment and lead to higher development and maintenance costs. EPAS initially started as a project. Equens participated in this project from the beginning.
The Logic Group announces key role as founding member of EPASOrg
Customer interaction specialists The Logic Group has joined the board of newlycreated EPASOrg, an international non-profit organisation dedicated to promoting, developing and maintaining common card payment protocols. Ian Groves, Principal Consultant at The Logic Group, joins a board consisting of major players in the payment industry from across Europe.
EPASOrg promotes the widespread acceptance of the EPAS protocols, a series of standards to ensure interoperability between card acceptance and acquiring solutions, integrated retail and terminal management systems. The deployment of common protocols is seen as major milestone in the realisation of the Single Euro Payments Area (SEPA) in Europe. Cardholders, retailers, acquirers and technology suppliers will all benefit from this important standardisation initiative.
EPASOrg will ensure that the EPAS specifications achieve full ISO 20022 endorsement for card standards, a major step in facilitating the deployment of EPAS in worldwide markets.
Ian Groves commented, “EPASOrg brings together a unique combination of leading industry players who share a common desire to overcome the existing barriers to interoperability in card payments. It is a pleasure to sit on the board of an organisation which will one day harmonise protocols across Europe; success in this area could translate to harmonising card payments on a worldwide basis. The knowledge gained from my work with the Logic Group in the UK payments industry will be directly relevant to realising the goals of EPASOrg.”
Harmonising European card payment protocols has been on the agenda of the European Commission since 2005 when Charlie McCreevy, European Commissioner for Internal Market and Services stated at a conference held in Dublin Castle (20 May 2005) that, "The development and adoption of common EU payment standards is at the core of a single Euro Payments Area and clearly in the public interest. We are currently exploring the need and calibration for such legislative incentives to help industry deliver the Single European Payments Area by 2010."
EPASOrg includes the following organisations amongst its members: Atos Worldline, Equens, Groupement des Cartes Bancaires, Hypercom, Ingenico, Pan Nordic Card Association, Quercia, The Logic Group, Wincor Nixdorf, Galitt, Ikea, Infomil, Integri, Lyra Network, Monext, PayLifeBank, Point International, POSPartner, Sermepa, SIBS.