Enel connects to EBA CLEARINGs MyBank service with support of UniCredit

Thursday 28 November 2013 00:06 CET | News

Enel, Italy’s power company, has entered into an agreement with EBA Clearing, a provider of pan-European payment infrastructure services, and financial services provider UniCredit to enable customers to pay their gas and electricity bills via MyBank.

Customers of Enel Energia are now able to pay their gas and electricity bills from Enel’s website by clicking on the MyBank button located on the MyEnel customer pages.

MyBank enables Enel Energia customers to pay their electricity or gas bills via SEPA Credit Transfer, which they initiate through their familiar online banking environment. From the MyEnel customer pages, consumers are routed directly to their online banking portal, where, as soon as they log in, they find a filled-in form with all the payment details for approval. The connection of Enel to the MyBank solution has been put in place by UniCredit.
Both Enel and UniCredit have been supported by technology provider SIA, which has delivered validation and routing services as well as a virtual point of sale.

The MyBank solution for initiating SEPA Credit Transfers went live in March 2013 and currently counts 50 participating financial institutions, which represent over 10 million retail payment accounts. Forty-eight participant banks are located in Italy and over 300 additional Italian institutions are scheduled to join the solution before the end of 2013. Other MyBank participants are located in France and Luxembourg.

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: EBA clearing, MyBank, UniCredit, online payments, online banking, Italy
Categories: Payments & Commerce
Countries: World
This article is part of category

Payments & Commerce