Tuesday, June 05, 2007

Equens and Italian Seceti collaborate on SEPA

See the press release here and discover that Equens and Seceti agreed on collaborating to clear their SEPA “cross community” payments via Equens and Seceti as of 1 January 2008. This collaboration allows both payment processors to offer European banks an alternative for clearing their payments throughout Europe.

Michael Steinbach, Chairman of Equens' Board of Directors: "According to our strategy we will offer a variety of clearing possibilities via e.g. an Equens clearing community, collaboration with partners and other ways to ensure reachabilty and interoperability. We can act as a single point of entry for our clients". The list of Equens’s prominent current clients includes several leading European banks such as ABN AMRO, Citigroup, DZ BANK, ING, KBC Bank, OP Bank Group, Rabobank, etc.

The client base of Equens is located in most of the European countries. “Seceti as one of the biggest domestic payment processors in Italy is looking forward to create a maximum service level for our clients. The collaboration offers an alternative, ex tremely competitive, for clearing services in Europe" stated Giuseppe Capponcelli, General Manager of Seceti. With the start of SEPA on January 1, 2008, a euro-domestic market will arise and Seceti is SEPA ready.