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EAPS opens access to UK ATMs for German debit cardholders

Monday 12 July 2010 14:08 CET | News

The Euro Alliance of Payment Schemes (EAPS), an alliance of European card schemes, has announced that the UK’s LINK ATM network has opened all 63,000 UK cash machines to users of the German card scheme operated by Zentraler Kreditausschuss, the joint committee operated by the central associations of the German banking industry.

As a result, holders of German debit cards (Girocards) will be able to withdraw cash from ATMs across the UK. In August 2009, Consorzio Bancomat and Zentraler Kreditausschuss enabled German and Italian card schemes to connect ATM networks. The two EAPS participants allow each other’s cardholders to withdraw cash from ATM networks across Italy (Bancomat) and Germany (Girocard) respectively.

EAPS facilitates pan European ATM and POS transactions by uniting independent card schemes throughout Europe under a single European framework. This framework provides a European alternative to the international card schemes. Both LINK and Zentraler Kreditausschuss are founding members of EAPS.
 


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Keywords: EAPS, Girocard, card schemes, SEPA, Zentraler Kreditausschuss, banking industry, ATM, Bancomat
Categories: Payments & Commerce
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