Equens and SECB Extend Agreement on Interoperability to SDD

By Equens, PRNE
Monday, October 25, 2010

UTRECHT, The Netherlands, October 26, 2010 - SECB Swiss Euro Clearing Bank GmbH and Equens SE have signed an agreement
on the implementation of a bilateral link for the exchange of SEPA Direct
Debit (SDD). The arrangement supports both companies' SEPA offerings while
helping to create a more competitive market by allowing banks to choose the
processor that best meets their needs. It is the intention to go live with
SDD in 2011. Last year SECB and Equens already reached an agreement on the
processing of SEPA Credit Transfers (SCT), which is operational since 22
March 2010

This interoperability agreement for SDD is based on the Interoperability
Framework of the European Automated Clearing House Association (EACHA). By
extending the agreement to the processing of SDD transactions both parties
pursue a clear strategy, focused on future-proof payment processing solutions
and European coverage and growth. The parties signed the agreement this
morning at Equens' stand at Sibos in Amsterdam.

Roland Böff, Chief Executive Officer of SECB: "With the experience gained
with the processing of SEPA Credit Transfers through Equens it has been a
logical step for us to extend our relationship towards the processing of SDD.
With this step we continue to consequently follow our strategy to provide our
customers with high quality products and services as well as connectivity to
important Market Infrastructures."

Michel Stuijt, General Manager Market Management: "Equens is delighted
that SECB has expanded the agreement for SDD. We are convinced that this is
the concrete proof of a powerful partnership that will benefit both SECB and
Equens, as well as our clients. The expanded foothold gained in Switzerland
is a next step in the continued expansion of Equens' position throughout
Europe. We are proud of our full reach proposition in Europe, and the various
alternatives we are able to offer our clients in terms of interoperability".

SEPA Direct Debit (SDD) is one of the three major products of SEPA. SDD
provides a common standard for direct debit transactions in the SEPA
countries. These transactions are currently processed with different national
schemes like 'Direct Debit' (United Kingdom), 'Lastschrift' (Germany) or
'Incasso' (the Netherlands).

Editorial note

About Equens

Equens SE is one of the largest payment processors in Europe, leading the
market for future-proof payment and card solutions. Thanks to an extensive
and competitive range of services, the company seamlessly meets the
requirements and wishes of the European payments market. Equens supports the
development of a single, uniform European payments market (SEPA), and is
dedicated to the standardisation and harmonisation of European and global
payments. With clients and partnerships in multiple European countries, the
company offers pan-European market coverage from offices in four countries -
the Netherlands, Germany, Italy and Finland. And with an annual processing
volume of 9.4 billion payments and 3.4 billion POS and ATM transactions,
Equens SE has a European market share of more than 12.5%.


For additional information on Equens, please visit www.equens.com
or contact: Annemieke Lambregts, +31(0)30-283-50-27, +31(0)650-21-30-91; Jörg Richter, +49(0)69-589993-60362, +49(0)172-6139597; Marcel Woutersen, +31(0)30-283-54-27, +31(0)629-05-08-71

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