Billionth SEPA Transaction For Dutch Payment Processor
A Dutch payment processor has announced the processing of its billionth SEPA transaction. Although Equens’ systems have been prepared for large SEPA payment volumes since day one, it has taken five years to reach the mark of 1 billion SEPA transactions, as many market participants have not yet prepared themselves for the SEPA migration. As a result, in 2012 SEPA payments accounted for only 4.3% (446 million out of 10.4 billion) of all payments processed by Equens.
Add as Preferred Source
