Processing & Systems -

VocaLink ditches Sepa services

UK payments processor VocaLink is abandoning its single euro payments area (Sepa) services, blaming "comparatively low" volumes for the project’s instruments. VocaLink has enthusiastically sought to take advantage of Sepa as a means of expanding its European presence, signing up some of the world’s biggest banks – including ABN Amro, Bank of America, Citi, RBS [...]

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