Banks

V PAY – your European debit card

V PAY is a European debit solution that meets the needs of European banks.

As a chip-only, PIN-only product, V PAY uses the same EMV technology that banks and merchants have already invested in. It also helps your bank to meet the SEPA (Single Euro Payments Area) requirements and migrate to a more dynamic pan-European payments market.

Banks in Austria, Belgium, Bulgaria, France, Germany, Italy, Netherlands, and Switzerland have committed to issuing V PAY cards.

The following banks have publicly confirmed their commitment to V PAY, with other banks finalising their plans:

Banca Carige
Banca Popolare dell’Emilia Romagna
Banca Sella
Caisses d' Epargne
CardComplete
Cassa di Risparmio di Ravenna
Cassa Risparmio San Miniato
Cortal Consors
Credito Valtellinese
DZ Bank
Fineco (Bank of the Group UniCredit)
Fortis
ICCREA Banca
ING Direct Italy
KBC
Landesbank Baden-Württemberg
Landesbank Berlin
Monte dei Paschi di Siena
Paylife (formerly Europay Austria)
Raiffeisen Zentralbank Österreich AG, Wien
Société Générale
Sparkasse Jena-Saale-Holzland
UBS
UGF
UniCredit Banca
UniCredit Banca di Roma
Banco di Sicilia (UniCredit Group)
UniCredit Bulbank
WGZ Bank

About V PAY

V PAY was created by

Visa Europe to meet the needs of its European member banks:

To help banks develop their debit card programmes - reducing costs, increasing security and encouraging cardholders to use their cards for more of their day-to-day spending
To help banks migrate to a more dynamic and consistent European payments market (in line with the European Central Bank’s vision for SEPA and the European Commission’s expectation for an internal market).
To ensure that banks maintain ownership and control over local and regional debit card payments through the creation of local and regional decision-making bodies

Further information

Banks should contact their Visa Europe Relationship Manager.

* International chip card standards developed by Europay, MasterCard and Visa