OP-Pohjola and Equens to reach an agreement on cards processing
(Thomson Reuters ONE) -
OP-Pohjola Group
Press release
13.9.2013
OP-Pohjola has concluded an agreement on card services with Equens, a company
based in the Netherlands. According to the agreement, Equens will provide OP-
Pohjola Group with services required in the issuance of OP-Visa Debit and OP-
Visa Electron cards linked to a bank account. In addition to system services,
the agreement covers support services related to cards. The agreement does not
affect contractual relationships between OP-Pohjola and its customers, or the
range of services provided by OP-Pohjola to its customers.
- In card payments, Finland is a superpower where cards have established their
position as an easy and safe means of payment. Co-operation with Equens is part
of our plan to develop and improve the efficiency of our card services further
as well as to improve our capability to respond to our customers' changing
needs, states Kasimir Hirn, director of the cards and emerging payments business
at OP-Pohjola.
Equens is one of Europe's largest card and payment processors, with an annual
processing volume of 10.4 billion payments and 4.4 billion card transactions.
The company operates over 61 million payment cards, 873,000 POS terminals and
21,000 ATMs.
OP-Pohjola and Equens are already engaging in co-operations in SEPA payment
transmission since 2008.
The change of cooperation partner does not require any measures by OP-Pohjola's
customers.
For more information, please contact:
Kasimir Hirn, Head of Cards tel. +358 50 5325368
OP-Pohjola Group
OP-Pohjola Group is Finland's leading financial services group providing a
unique range of banking, investment and insurance services. The Group's mission
is to promote the sustainable prosperity, well-being and security of its owner-
members, customers and operating regions through its local presence. Its
objective is to offer the best and most versatile package of loyal customer
benefits on the market. OP-Pohjola Group consists of some 200 member cooperative
banks and the Group's central institution, OP-Pohjola Group Central Cooperative,
with its subsidiaries and closely-related companies, the largest of which is the
listed company Pohjola Bank plc. The Group has a staff of 13,000. OP-Pohjola
Group posted earnings before tax of EUR 601 million in 2012 and had total assets
of EUR 99.8 billion on 31 December 2012. The Group has over four million
customers.
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originality of the information contained therein.
Source: Pohjola Pankki Oyj via Thomson Reuters ONE
[HUG#1728955]
Unternehmensinformation / Kurzprofil:
Datum: 13.09.2013 - 09:01 Uhr
Sprache: Deutsch
News-ID 296371
Anzahl Zeichen: 3238
contact information:
Town:
POHJOLA
Kategorie:
Business News
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"OP-Pohjola and Equens to reach an agreement on cards processing"
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