More NewsEBA Clearing Calls for Launch of MyBank E-payment Service

EBA Clearing Calls for Launch of MyBank E-payment Service

The EBA Clearing Company has issued a call for participation in its MyBank pilot group to banks and e-merchants across Europe. The call follows a positive outcome of the MyBank consultation, which took place over the summer and involved numerous stakeholders from the consumer side, the e-merchants, payment service providers and integrators.

“We are pleased that our MyBank initiative has received a very positive welcome from stakeholders since we announced its launch at EBAday in June,” said Gilbert Lichter, chief executive officer (CEO), EBA Clearing.

“The consultation we conducted over the summer has shown that there is a strong interest among all parties for putting in place a pan-European e-payment solution based on the single euro payments area [SEPA] schemes and relying on the banks’ online banking platforms. Setting up a pilot group is now the logical next step towards rolling out such a solution to European e-merchants and consumers,” he added.

EBA Clearing plans to launch a MyBank pilot in May 2012. It is expected that this Europe-wide online banking e-payment (OBeP) solution, which enables customers to pay for online purchases through their familiar online banking interface, will be made available to consumers across SEPA from summer 2012.

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