ABN AMRO chooses Equens for SEPA cards payment services

Utrecht - 26 January 2007

On Friday 12 January ABN AMRO and Equens signed an agreement at ABN AMRO headquarters to provide SEPA debit card processing services to ABN AMRO for a period of five years with effect from 1 January 2009. ABN AMRO chose Equens over several international competitors. With this choice ABN AMRO will ensure that all of its debit card payments can be processed in the SEPA.

Maarten Mol, Corporate Executive Vice-President at ABN AMRO: 'The choice for Equens as the Payment Processing Partner to support ABN AMRO in realising its international card ambitions was based on the outstanding price/quality performance in combination with their proven and reliable professional track record in card processing payment services and partnering.'

Equens' Chairman of the Board of Directors Ben Haasdijk: 'By choosing Equens ABN AMRO shows trust in Equens' international strategic roadmap, as we are aiming to be one of the leading European payment service processors, both in payments as well as in debit card processing. This contract is of great strategic importance for Equens, paving the way for Equens' international card ambition.'

ABN AMRO is the first client that has chosen Equens to deliver SEPA Card payment services. The switch to SEPA will have far-reaching consequences for product and business development. Equens' integrated approach will enable a smooth transition to SEPA and allows clients to reap maximum benefits from arising market opportunities.

Equens offers a broad range of modular solution packages consisting of basic and additional services. Therefore, Equens can assist in realising a seamless transition to an implemented set of SEPA products with the following support services:
- Gap analysis between the client's current portfolio and the desired SEPA offerings.
- Determination of required services and desired service levels.
- Definition of a customised roadmap for the implementation of the migration.

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