PBS provides services for financial institutions when combining a SEPA-compliant direct debit product with additional services, such as surveillance facilities and interactive information. In June 2008, PBS selected payment services provider Clear2Pays Open Payment Framework (OPF), a library of component building blocks built on a Service Oriented Architecture (SOA) to power its SEPA solutions.
”We can help Danish as well as foreign banks to become SEPA compliant. With a PBS in-a-box solution, we make it easy for banks to handle their customers’ euro payments,” according to Per Terp, Director, International Payments, PBS A/S. SEPA Direct Debit is a pan-regional cross-border direct debit instrument that aims to provide clients with a means to collect high volume payments in Europe.
In other news, PBS teamed up with the Danish banks to develop a text message service which will be launched in 2010.
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