VocaLink Opens European Centre in Amsterdam to Support its Growing Customer Base in the Benelux Region

LONDON - VocaLink, the international payments specialist, today announced the opening of its European centre in the World Trade Center, Amsterdam, in response to its growing customer base in the Benelux region. The new Dutch centre underpins VocaLink’s commitment to supporting clients in their local markets, whilst recognising that payment systems must provide international capabilities.

VocaLink, who already processes more than 15% of the total volume of European payments, has invested in the development of a Euro Clearing and Settlement Mechanism, designed to meet the requirements of its customers by facilitating the processing of both domestic Euro and SEPA pan-European payments. With the imminent introduction of SEPA Direct Debit (November 2009), VocaLink can provide reach to any bank across Europe and its value-added services, such as payments capture and mandate management, have been developed to meet customer needs.

Marion King, Chief Executive Officer at VocaLink said: “Clearly our recent investment has enabled us to respond quickly to our customer demands and we are delighted to announce the opening of a new European centre in Amsterdam. Being physically closer to our clients has become of paramount importance. With further harmonisation in the European payments market expected, VocaLink will continue to listen to customers’ requirements and align our investment and presence accordingly.”

About VocaLink

VocaLink is a specialist provider of payment services to banks, their corporate customers and Government departments. It processes domestic and international automated payments and provides ATM switching solutions. On a peak day, the VocaLink automated payment platform processes over 90 million transactions and over half a billion in a month. Its switching platform connects the world’s busiest ATM network of over 60,000 ATMs. Its Real-Time Payments platform provides the central infrastructure for the UK Faster Payments service. VocaLink is working with BGC (Bankgirocentralen) to provide outsourced processing for the majority of Sweden’s domestic payments.

VocaLink European centre World Trade Center 4th floor H-Toren Zuidplein 36 1077 XV Amsterdam Netherlands

Source: VocaLink

Alexia Ward, Hotwire, +44(0)20-7608-2500 or vocalinkuk at hotwirepr.com