SIA To Join EBA Clearing To Offer Pan-European Debit Infrastructure

SIA announced Thursday that the IT company will partner with EBA Clearing to launch a multi purpose Pan European direct debit service. SIA says it expects the service to go live in 2007 and is designed to offer European banks

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SIA announced Thursday that the IT company will partner with EBA Clearing to launch a multi-purpose Pan-European direct debit service.

SIA says it expects the service to go live in 2007 and is designed to offer European banks SEPA direct debits ahead of the EU Commission’s deadline of 2008.

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