Central Banking

Bundesbank unveils new card clearing infrastructure

bundesbank
The Deutsche Bundesbank

The Deutsche Bundesbank and EBA Clearing today unveiled new card clearing infrastructure for German banks.

The system introduces XML-based clearing of payments within the ‘Girocard' system – Germany's payment network for debit cards and ATM transactions – and under the wider Single Euro Payments Area (Sepa) Card Clearing Framework.

In a joint launch at the Sibos conference in Boston, the Bundesbank and EBA Clearing said a key objective of using the new XML-based system was to ensure that users c

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: