20 October 2017

GBIC approves Wincor Nixdorf for cashless payment transactions on German market

23 February 2015  |  2312 views  |  0 Source: The German Banking Industry Committee

The German Banking Industry Committee (GBIC) has issued its approval for Wincor Nixdorf's hardware and software solution for girocard transaction processing, which the company can now offer on the German market for the processing of cashless payment transactions.

Now that approval has been granted, the company is piloting the solution at the German service stations of a multinational oil and gas company.

Wincor Nixdorf is managing a project in the oil company's service station network that has the goal of standardizing its payment systems. Key to the project is its recently approved hardware and software solution, which connects card terminals at the service stations directly with a central server at Wincor Nixdorf – the Aevi Pay platform – where the data is processed and forwarded to various card acquirers. This will eliminate the current need for each service station to operate its own server. Wincor Nixdorf will successively connect 15,000 card terminals at the multi's service stations to its Aevi platform.

"With this approval, we can begin immediately to offer a solution for cashless payment transactions on the German market, which is a sizable and important market. For our Cashless Payment Solutions business unit, which was only established in 2013, this is another important step toward the internationalization of our business," explains Marc Birkner General Manager of Sales and Operations, Cashless Payment Solutions at Wincor Nixdorf.

Certification of the solution took place according to the rules of the Open Standards for Cards (OSCar) standardization initiative. 

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