Organization:Interpay
Interpay Nederland B.V. | |
 | |
| Merged into | Equens together with Transaktionsinstitut für Zahlungsverkehrsdienstleistungen AG |
|---|---|
| Formation | 1994 |
| Dissolved | 2006 |
| Merger of | BeaNet, Bankgirocentrale and Eurocard Nederland |
| Purpose | Payment processing |
| Headquarters | Utrecht |
Region served | The Netherlands |
| Owner | ABN Amro, Rabobank, ING Bank, Fortis Bank, SNS Bank, F. van Lanschot Bankiers, Friesland Bank and Bank Nederlandse Gemeenten. |
| Website | interpay.nl on the Wayback Machine in 2006 |
Interpay Nederland B.V. was the Dutch payment processor and payment product provider from 1994 to 2006. Interpay owned PIN, Chipknip, Acceptgiro and Incasso.[1] In 2005, they spun off Currence and in 2006 they merged with Transaktionsinstitut für Zahlungsverkehrsdienstleistungen AG to form Equens.
History
Interpay was founded as a merger between BeaNet, the Bankgirocentrale and Eurocard Nederland.
ING Group was the largest shareholder of Interpay, at around 30%.[2]
In 1995, Interpay started with a pilot of the Chipknip.[3]
Trouw noted in 2001 that a smooth transition to the Euro was dependent on Interpay.[4] In 2003, Annemarie Jorritsma became a commissioner at Interpay.[5]
In September 2003, Interpay started together with Banksys and SSB the company Sinsys for credit cards, to reduce costs.[6] Sinsys ultimately became wholly owned by SIA in 2012.[7]
Director Willem Stolwijk left in 2006 and was replaced by Ben Haasdijk.[8] In 2004, Interpay was forced to lower their tariffs for the hospitality sector.[9] The Netherlands Competition Authority fined Interpay for 30 million euros because their tariffs were 5 to 7 times too high.[10] In 2004, Interpay sold their Document Services division to Unisys.[11]
In September 2006, it was merged with the German Transaktionsinstitut to form Equens.[12]
Transaction processing
In 2005, Interpay processed 3.3 billion financial transactions.[13]
Subsidiaries
Interpay had two subsidiaries, Paysquare who facilitatated the acceptance of credit cards and InterEGI who distributed the prepaid Chipknip.[14]
References
- ↑ Meulen, Nicole S. van der (2011). Financial identity theft: context, challenges and countermeasures. The Hague: T.M.C. Asser Press. ISBN 978-90-6704-814-9. OCLC 756509292. https://www.worldcat.org/oclc/756509292.
- ↑ International business : theory and practice. Riad A. Ajami (2nd ed.). Armonk, N.Y.: M.E. Sharpe. 2006. ISBN 978-0-7656-2154-2. OCLC 290548221. https://www.worldcat.org/oclc/290548221.
- ↑ BUTIJN, HELENE (1996-02-06). "Albert Heijn wil banken imponeren in chipcard-strijd" (in nl-NL). https://www.trouw.nl/gs-b9030832.
- ↑ economie, redactie (2001-07-10). "Interpay breidt uit voor de euro" (in nl-NL). https://www.trouw.nl/gs-bc96893b.
- ↑ "Jorritsma naar Interpay" (in nl). https://www.nrc.nl/nieuws/2003/12/02/jorritsma-naar-interpay-7664384-a140816.
- ↑ "Interpay wil meer samenwerking" (in nl). https://www.nrc.nl/nieuws/2003/09/25/interpay-wil-meer-samenwerking-7655383-a1099403.
- ↑ "SIA buys out Sinsys JV partner Atos Worldline" (in en). 2012-09-07. https://www.finextra.com/newsarticle/24042/sia-buys-out-sinsys-jv-partner-atos-worldline.
- ↑ "Directeur van Interpay stapt op" (in nl). https://www.nrc.nl/nieuws/2003/09/23/directeur-van-interpay-stapt-op-7655147-a1041904.
- ↑ "Interpay moet tarief verlagen" (in nl-NL). 2004-07-16. https://www.trouw.nl/gs-b4f56886.
- ↑ Ludeker, door Iris (2005-05-20). "Scepsis over concurrentie bij pinnen" (in nl-NL). https://www.trouw.nl/gs-b03bbed5.
- ↑ "Interpay aast op 'grenzeloos betalingsverkeer'" (in NL). https://www.computable.nl/artikel/achtergrond/outsourcing/1387526/1444691/interpay-aast-op-grenzeloos-betalingsverkeer.html.
- ↑ "Interpay verder onder nieuwe naam" (in nl-NL). 2006-09-21. https://www.trouw.nl/gs-b3300b61.
- ↑ "Interpay verwerkt recordaantal girale transacties" (in nl-NL). 2006-01-20. https://www.trouw.nl/gs-bd9433b2.
- ↑ "Interpay - Partner in processing". http://www.interpay.nl/binaries/Interpay_corp_brochure_tcm35-2912.pdf.
External links
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