V Pay
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V Pay is a Single Euro Payments Area (SEPA) debit card for use in Europe, issued by Visa Europe.[1] It uses the EMV chip and PIN system and may be co-branded with various national debit card schemes such as the German Girocard[2][3][4] or Italy's PagoBancomat.[5]
The V Pay card system competes with MasterCard's Maestro debit card product. However, unlike Maestro, V Pay cards cannot be used in non-chip and non-PIN environments, limiting its acceptance to those countries and merchants that use this system. Also unlike Maestro, which is issued and accepted globally, V Pay is designed as a specifically European product, and is not issued or accepted outside European countries.[1]
V Pay cards began to be accepted at merchants in France and Greece in 2005,[6] and acceptance has since expanded to more European countries. As of 2010, 14 million V Pay cards had been issued.[citation needed]
External links
References
- ^ a b "V PAY – Your European debit card". Archived from the original on June 25, 2014. Retrieved August 6, 2011.
{{cite web}}: Unknown parameter|dead-url=ignored (|url-status=suggested) (help) - ^ "V PAY technical requirements". Archived from the original on July 1, 2014. Retrieved August 6, 2011.
{{cite web}}: Unknown parameter|dead-url=ignored (|url-status=suggested) (help) - ^ "Postbank migrates bank cards to V PAY/girocard". Archived from the original on 2011-10-07. Retrieved 2011-08-06.
{{cite web}}: Unknown parameter|dead-url=ignored (|url-status=suggested) (help) - ^ "German banks have agreed to issue 34 million V PAY". Archived from the original on 2011-10-07. Retrieved 2011-08-06.
{{cite web}}: Unknown parameter|dead-url=ignored (|url-status=suggested) (help) - ^ "CarigeCash Europa: la carta bancomat per prelievi ed acquisti sicuri". Banca Carige. Archived from the original on 2013-02-18.
{{cite web}}: Unknown parameter|dead-url=ignored (|url-status=suggested) (help) (in Italian) - ^ "France and Greece are first countries to accept V PAY". Archived from the original on 2011-10-07. Retrieved 2011-08-06.
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