SEPA

Equens Strengthens its SEPA Proposition with WAY4

Equens SE, one of Europe’s largest and most innovative payment processors covering more than 15% of the European acquiring market, has chosen WAY4 for its new SEPA-compliant acquiring platform.

Powerful and Flexible SEPA-Compliant Processing Platform

To meet SEPA requirements, Equens was looking for a powerful and flexible processing platform able to adapt products easily to new markets. Equens also wanted the ability to introduce international brands, while coping with volume growth and maximising the efficiency of operational costs. Furthermore, Equens needed to offer tailor-made products to its merchants. After considering several alternatives, in 2008 Equens decided to rely on the high-level expertise and proven experience of the OpenWay team.

High-Level Expertise and Proven Experience

After considering several alternatives, in 2008 Equens decided to rely on the high-level expertise and proven experience of the OpenWay team.

“The flexibility and reliability of WAY4 solutions and the high quality of our system support services have already been acknowledged by many financial institutions, payments processors and telecommunication companies operating on different continents. Our cooperation with other leaders in technology assures our place right at the forefront of payments innovation. We are proud that Equens has selected our WAY4 solution, which I am confident will help them to introduce new value-added services.”Wim Pardon, Managing Director of OpenWay Belgium comments: 

Great Success

Although the project was complex and required implementation within a tight schedule of six months, Equens described the implementation as a great success. The company is now confident that it has the right technology foundation to support future innovation as part of the Europe-wide SEPA programme.

Equens started the year 2009 serving 50,000 merchants on the WAY4 platform and is ready for further significant business growth.

OpenWay, Fujitsu and Equens Sign Agreements for New Acquiring Platform

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To meet the SEPA requirements of our clients, Equens decided to select and implement an entirely new Acquiring Platform. After an extensive process, we selected OpenWay's software package WAY4.

To meet the SEPA requirements of our clients, Equens decided to select and implement an entirely new Acquiring Platform. After an extensive process, we selected OpenWay's software package WAY4. WAY4 will be incorporated into the Equens' cards processing as part of the SEPA Cards Programme by 1 September 2008. The software enables Equens to reduce costs and realise a faster time-to-market for new functionalities and the introduction of new international brands.

Equens selected Fujitsu for the required infrastructure on account of its specific knowledge and experience in this field. Moreover, Fujitsu offers a flexible, scalable solution, which is essential for Equens due to the expected volume growth.

The signing ceremony took place in the Globe at Equens headquarters in Utrecht. In the presence of representatives of OpenWay, Fujitsu and the project members of the SEPA Cards Programme, on behalf of the BoD Antoon Kuijpers signed the agreements. He especially thanked the project members for their contributions and constructive cooperation.

Equens Nederland

One of the top Acquiring Processors in EU. One of the most innovative processors. 500.000+ Merchants. 7 billion payments. 1.9 billion POS and ATM auth transactions. 10% EU market. 260,000+ revenue in 2006. 1,300 staff.