equens

At the 6th international EPCA Conference Michael Steinbach, Chairman of the Board of Directors announced the opening of Equens' first representative office in Helsinki, Finland. Equens signed a contract with OP Bank Group Finland. As of mid-2007, Equens will process EU regulation payments via its advanced ZVS-processing platform on behalf of OP Bank Group. Non-EU regulation payments will be processed by Equens at the end of 2007. 

The signing can be considered as a milestone because this is the first time that a Finnish bank outsources its payment processing to a foreign full-service payment processor. The representative office in Finland has been opened on 3 May 2007. It will allow Equens to intensify its existing relations within the Finnish market. Moreover it will be a spearhead for new contacts in the Scandinavian and Baltic markets.