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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 .
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
Germany has a dedicated debit card payment system called girocard which is usually co-branded with V Pay or Maestro depending on the issuing bank. In recent years both Visa Debit and Mastercard Debit cards are increasingly more common as well.
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 ...
The European Payments Initiative (EPI), previously known as the Pan-European Payments System Initiative (PEPSI), [1] is a unified digital payment service backed by 16 European banks and payment service providers.
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. Also unlike Mastercard Maestro, which is issued and accepted globally, V Pay is designed as a specifically European product, and is not issued or accepted outside European ...
Giropay was an Internet payment system in Germany, based on online banking.Introduced in February 2006, this payment method allowed customers to buy securely on the Internet using direct online transfers from their bank account.
Cash Group is a cooperation of the four largest German private banks (Deutsche Bank, Commerzbank, HypoVereinsbank, and Postbank) and their subsidiaries, in which they mutually waive ATM usage fees for their customers.