The Ingenico iWL250 payment terminal was used for the demonstration of a first card payment solution ready for SEPA.

This is the first time that a live solution using future SEPA standards, based on a single EMV payment application (SEPA-FAST) and an open and universal card payment protocol (EPASOrg-EPAS ISO 20022 Acquirer protocol) was demonstrated publicly in the world. The Ingenico iWL250 SEPA Payment terminal successfully connected to Credit-Mutuel-CIC EPAS ISO20022 Acquirer authorisation host at the EPASOrg Annual conference in front of 100 attendees.

This common solution will soon be implemented in a large retail and progressively extended to other European countries.

Claude Brun, Managing Director at the BECM/Crédit Mutuel-CIC Group, highlights the importance of this premiere:

Leading acquiring bank in France, Crédit Mutuel-CIC Group also ranks among the
3 largest European acquirers, and we are particularly committed to the open standard card payment protocol EPAS. Through a constant involvement in innovation - among other products and services, CMCIC was the first to launch mobile contactless payment and continues to support actively its development - we show, with this EPAS demo, the intention to continue to provide a state-of-the-art service to our merchants, and, together with them, to expand our acquiring activity throughout the SEPA zone, and beyond."

Ingenico is very proud of having demonstrated with Credit-Mutuel-CIC a common SEPA solution ready for implementation, together with the upcoming deployment of a very first SEPA pilot. This achievement demonstrates that Ingenico is at the edge of new solutions delivery enabling international Retailers to succeed with their cost-optimisation target SEPA-wide," declared Pierre-Antoine Vacheron, EVP, Managing Director Europe-SEPA at Ingenico.