Ingenico and Barclaycard pilot standard single Sepa-wide payment offering

Source: Ingenico

Ingenico (Euronext: FR0000125346 ‐ ING) leading worldwide provider of payment solutions and Barclaycard, today announce the launch of a Sepa compliant payment solution pilot within the scope of the Open Standards for Cards project (OSCar).

It will be piloted with an international retailer in the United Kingdom and Germany.

The pilot aims to demonstrate that a single payment solution based on a SEPA-compliant payment application (SEPA-FAST) and the ISO20022 EPAS Acquirer protocol allow international retailers to accept all general purpose cards across the Single Euro Payment Area, providing them with an optimised and cost-effective solution.

"The OScar project aims at defining a common SEPA wide payment solution based on the two available SEPA standards: the SEPA FAST payment application and the EPAS ISO 20022 acquirer protocol. The OSCar project will carry out field trials in 2012 in a multi-scheme, multi-acquirer and multi-country environment and will set up in parallel the respective functional certification infrastructure."

The pilot is scheduled to start in both countries at the beginning of 2012 and will be progressively extended to other European countries during 2012. A commercial roll-out of the solution will then be studied by Barclaycard, Ingenico and their Customer.

Andy Simmonds, Head of Commercial Management at Barclaycard, stated: Barclaycard is delighted to be working with Ingenico, and see this pilot as a significant development in the emergence of technical solutions for European retailers. Barclaycard are committed to providing solutions to our customers that make doing business easier across Europe, removing complexity of operating across borders, and fully support the development of more open standards across Europe that enable merchants greater choice."

Through this pilot with Barclaycard, Ingenico intends to demonstrate to our customers the availability of new SEPA compliant standards based single payment solution, opening the door for new era of electronic payments in Europe. This project is in line with the expectations of International Retailers to have a unique payment solution throughout the region working in every country where they operate in" said Ottilia Rouguet, Head of SEPA Implementation at Ingenico. 

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