MyBank solution

par Karl2009 Sam 30 Mar - 13:05

A MyBank service provider programme has been launched by EBA Clearing
to offer infrastructure, IT and mobile technology support or consultancy
services to the MyBank participants. The initiative, which is an
electronic e-payment and authorisation solution from 64 European banks
and counting, which allows consumers to pay for shopping via the
internet without sharing account details, is due to launch on 25 March
2013.

EBA Clearing is providing back-end payments processing capabilities and
says it has 14 service providers signed up to its programme to offer
technology and support services to users. The MyBank initiative will
support electronic e-payments via the SEPA Credit Transfer (SCT) format
from its start on 25 March, when 29 banks including UniCredit Spa,
Rabobank and RBS among others will go live. The second joining window
for MyBank opens on 15th April 2013 when the remaining 35 European banks
that are part of the electronic e-authorisation ecosystem will go live,
with others being invited to join all the time.

By the end of this year, MyBank users, including merchants which are
part of the ecosystem, will also be able to create, modify and cancel
electronic e-mandates for the single euro payments area (SEPA) Direct
Debit (SDD) scheme, further aiding compliance efforts.

The service provider programme from EBA Clearing has been established
to facilitate the easy exchange of information within the MyBank
ecosystem, maintains the organisation.

“We are very pleased that 14 service providers have already developed
IT solutions to support payment service providers and merchants in their
preparations for the MyBank live date and the subsequent ramp-up
period,” said John Broxis, director of EBA Clearing. “Our service
provider programme will make it easier for providers to ensure that
their products meet the needs of the MyBank users. It will give them
access to our technical documentation, our events and workshops and – if
they sign up to the self-certification programme – to the MyBank test
environment.”

The MyBank self-certification programme will enable service providers
to self-certify their infrastructure based on a testing program carried
out with the support of the MyBank test tools. The self-certification
allows them to position their infrastructure services in the market as
compliant with the MyBank specifications, as well as with the technical,
business and security requirements of the solution.

MyBank is an electronic e-authorisation solution that will make it
easier and safer to sell and buy goods and services over the Internet
all across Europe. Customers from participating European banks, which is
by no means all yet, will be able to pay for their online purchases via
their regular online and mobile banking environment via a ‘single
source’. Alternatively, payment applications from payment service
providers (PSPs) can be used and as many merchants as possible are being
signed up to the SEPA-compliant scheme as possible. For more
information on the initiative visit [Vous devez être inscrit et connecté pour voir ce lien].