Worldline selects MyBank to introduce SEPA e-mandate service

Tuesday 30 September 2014 13:03 CET | News

Worldline, an Atos subsidiary for e-payment services, has introduced an electronic mandate service for SEPA, supporting MyBank, a pan-European e-payments framework.

With e-SEPA, consumers can pay for their orders online through a direct debit or a credit transfer. With MyBank, Worldline provides routing services enabling merchants to redirect customers to their banks and validation services on the customer’s bank’s side to provide authentication.

MyBank mandates will support the electronic creation, modification and cancellation of mandates. At the same time, MyBank Mandates will also support mandates by consumers waiving their automatic “no-questions-asked” refund right. MyBank Mandates do not interfere with the statutory refund rights provided under consumer law.

MyBank is an e-authorisation solution that enables customers to pay for their online purchases via their regular online or mobile banking environment.

Worldline, an Atos subsidiary, is a European and global player in the payments and transactional services industry. Worldline activities are organized around three axes: merchant services, mobility and e-transactional services, financial processing services.

For more information about Worldline, please check out a detailed profile of this company in our dedicated, industry-specific online companies database.

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Keywords: Worldline, MyBank, SEPA, e-mandate service, online payments, e-payments, Europe
Categories: Payments & Commerce
Countries: World
This article is part of category

Payments & Commerce

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