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girocard is an interbank network and debit card service in Germany connecting virtually all automated teller machines (ATMs) and banks. It is based on standards and agreements developed by the German Banking Industry Committee .
Electronic cash PIN-Pad. Currently there are two valid acceptance marks for electronic cash: the electronic cash PIN-Pad and girocard pictograms.The Technical attachment to the eligibility requirements for participation in the electronic cash system of the German credit services sector (retailing requirements) [4] includes the retailer's obligation to accept both of these acceptance marks at ...
It is not an interbank network but uses the pre-existing girocard network. With more than 7000 ATMs, the cooperating banks' ATM networks form the third largest ATM network in Germany. [1] The cooperation was founded in 1998 and is generally not open to other members. Its primary competitor in Germany is CashPool.
Germany: No Eurocheque: In most cases co-branded with the German Girocard logo, but they cannot be used as Maestro over the telephone or on the internet. As of 2020, the Sparkassen-Finanzgruppe announced to introduce a new co-branded Girocard using the Debit Mastercard system and effectively replacing the Maestro co-badge slowly. [18] Greece: No
The V Pay debit card system competes with the Mastercard Maestro debit card product. However, unlike Mastercard Maestro, V Pay cards cannot be used in non-EMV environments, limiting its acceptance to those countries and merchants that use this system.
Germany Girocard: T2: Italy Bancomat: T2: India National Financial Switch (NFS), Banks ATM Network and Customer Services (BANCS), Cashnet, CashTree, RuPay: Reserve Bank of India - Real Time Gross Settlement Nigeria Interswitch: Nigeria Interbank Settlement System (NIBSS) Japan Yucho: Bank of Japan Financial Network System South Africa
Technically it is not an interbank network but uses the pre-existing girocard network. Member banks of this cash credit group charge ATM usage fees at a low level and most customers of the co-operative banks enjoy free withdrawal from their accounts. With 19,200 ATMs the Bankcard-Servicenetz group is the second largest ATM group in Germany ...
The EPI project is backed by the European Commission. It has 16 founding shareholders based in Belgium, France, Germany and the Netherlands: ABN Amro, Belfius, Crédit Mutuel, BNP Paribas, Groupe BPCE, Crédit Agricole, Deutsche Bank, Sparkassen-Finanzgruppe, DZ Bank, ING Group, KBC Bank, La Banque Postale, Nexi, Rabobank, Société Générale, Worldline.