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10 February 2010 -
EMS card and CCV smashing Bancontact/MisterCash monopoly in Belgium
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PRESS RELEASE
EMS card and CCV smashing Bancontact/MisterCash monopoly in Belgium
Diemen 10 februari 2010 – EMS card and CCV, market leaders in the Benelux in the field of electronic payment solutions, are launching a cheap and transparent alternative, which involves payment of a fixed amount per debit transaction. Good news for independent businesses and retailers since this signals the end of the Bancontact / MisterCash monopoly in Belgium which has persisted for many years.
This new service from EMS card and CCV is set to shake up the Belgian payments market. Currently each merchant or independent business pays a fixed amount per transaction as well as a fixed subscription cost. This is all about to change because CCV and EMS Card have joined forces to provide electronic payment and transaction services. The major benefit is that the retailer only pays a fixed cost per debit transaction in line with their own specific requirements and number of transactions. In other words, CCV will not levy any additional subscription costs. “This is excellent news for all merchants with an electronic point-of-sale terminal. They will be able to save an estimated 5 to 10 euros per month. Our work methods are very transparent, reliable and flexible,” according to Dimitri Beck, CEO of CCV Belgium.
EMS Card, a joint venture between International Card Services and First Data, a leading international card transaction processer, will not process the bank cards via Bancontact/MisterCash but as Maestro. In 2009, there were around 1.23 billion transactions in Belgium, a 4.5% rise on the previous year. More and more people are convinced of the benefits of electronic payments. But for all independent businesses or professionals too, smashing the Bancontact / MisterCash monopoly is an excellent thing. Most merchants who already have a point-of-sale terminal can in principle enter into partnership with EMS card and CCV for transaction processing at a fixed price. But those retailers or professionals, in particular, who do not yet offer an electronic payment system and wish to do so at an acceptable price, find the ideal solution with EMS card and CCV. “Together with EMS Card we guarantee a cheaper and secure transaction. Our aim is to arrange for our flexible offering to work on every payment terminal as quickly as possible,” explains Dimitri Beck, CEO of CCV Belgium.
- End of press release -
About EMS card
As a leading international acquirer, EMS card provides best-in-class card processing services for your remote and point of sale businesses. Formed as a joint venture between First Data, a global leader in e - commerce and payment services, and International Card Services, the leading Dutch card issuer. EMS card offers both solid experience and a reliable infrastructure based on the best technology in the card payment industry. EMS card provides a one-stop domestic and cross-border processing solution for the most popular credit and debit cards: Visa, MasterCard, international Maestro, V PAY, Visa Electron and American Express.
About CCV CCV is an internationally operating organization with subsidiaries in Europe. The company specializes in the field of point-of-sale terminals, processing and authorization of financial and loyalty transactions and the development and management of loyalty and customer card systems. In Europe, CCV ranks as one of the major suppliers of point-of-sale terminals. Using the latest technology CCV offers standard products as well as customer-specific solutions. The requisite hardware and software are developed independently. CCV is based in Arnhem as was founded in 1967.
For further information, please contact the following:
Marc van Piggelen
Commercial Director
T: +31 20 6 600 638
www.emscard.com
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