Equens Processes Cross-Border Payment Transactions for OP-Pohjola Group
HELSINKI, Finland and FRANKFURT, Germany, June 23 /PRNewswire/ —
- Scandinavian Market of Interest Because of Large Volumes
Equens, one of the largest European payment processors started with the
processing of payments for OP-Pohjola Group, the leading finance group in
Finland. Via its single common platform, which is highly efficient, scalable
and economical, Equens processes SEPA payments as well as regular cross
border euro payments for the OP-Pohjola Group. The foothold gained in Finland
is viewed by Equens as an opportunity to establish itself in the Scandinavian
market which is characterised by a high level of automation.
The OP-Pohjola Group is the largest financial services group in Finland.
OP-Pohjola Group comprises 229 independent member cooperative banks and the
Group’s statutory central institution, OP-Pohjola Group Central Cooperative
and Pohjola Bank plc. OP-Pohjola Group offers a comprehensive range of
banking, investment and insurance services for both private and corporate
customers. The Group has over four million customers in Finland. Anne-Mari
Tyrkko, Senior Vice President Payment Services: “We have been looking for a
solution for processing our growing volume of international euro payments.
Equens - the first and truly pan-European payment processors fulfils our
needs. By October 2008 we also plan to process our foreign currency payments
through Equens.
Manfred Schuck, General Manager Marketing & Sales of Equens: “The
processing of payment transactions for OP-Pohjola Group runs well after an
intensive period of collaboration. Market players such as credit institutions
regard Equens as a reliable, market-orientated and efficient partner that is
able to process all of its payments now and in the future. Therefore, we
expect that our volumes in the Scandinavian market will further increase in
the near future.”
Note to Editors
About OP-Pohjola Group
OP-Pohjola Group is Finland’s largest financial services group. It is
made up of independent 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 (until 29 February 2008 OKO Bank plc). OP-Pohjola Group offers a
comprehensive range of banking, investment and insurance services for both
private and corporate customers.
http://www.op.fi
About Equens
Equens is the first truly pan-European, full-service payment processor.
As one of the largest and most innovative payment processors in Europe,
Equens is leading the market for future-proof payments and card processing
solutions. Thanks to an extensive and competitive service portfolio and a
flexible, customer-orientated approach, the company seamlessly meets the
requirements of the European payments market. With an annual volume of 7.3
billion payments and 2.1 billion POS and ATM transactions, Equens has a
market share of more than 15% within the euro zone. By continuously pursuing
further growth and translating the achieved synergy benefits and economies of
scale into advantages for the customer, the company contributes to the
efficiency of European payments.
http://www.equens.com
Equens