Product

Bilateral Switching on the Trionis Network

December 14, 2009

With expected growth in cross-border transactions following the start of the Single Euro Payments Area in 2008, the Trionis bilateral switching service can help banks achieve SEPA compliance in a cost effective manner. Furthermore we are able to offer our clients a high level of control over the way in which they wish to route their transactions – an approach that helps clients meet the SEPA requirements in the way that best suits their business needs.

Currently transactions based on the following schemes are being processed using the Bilateral Service on the Trionis Network:

• EUFISERV scheme from EUFISERV Payments
• EURO 6000 scheme from EURO 6000
• German ATM scheme from ZKA
• Electronic cash POS scheme from ZKA

Banks and / or acquirers who use the Trionis Bilateral service can decide which services (ATM or POS) and features they wish to offer cardholders.

A cost effective solution

We offer competitively priced switching and processing of Bilateral POS and ATM transactions over the Trionis Network, whilst maintaining a high quality of service. Fees linked to Bilateral POS and ATM transactions are determined by the users of the service.