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 di San Marino
- Banca Popolare dell’Emilia Romagna
- Banca Sella
- Banque BCP S.A.
- Banque de Luxembourg S.A.
- Banque et Caisse d’Epargne de l’Etat, Luxembourg
- Banque Raiffeisen, Société coopérative
- BGL BNP Paribas
- BNP Paribas Fortis
- BW-Bank
- Caixa Geral de Depósitos, Succursale de Luxembourg
- CardComplete
- Cassa Risparmio San Miniato
- Comdirect bank AG
- Corporate Commercial Bank
- Cortal Consors
- Credito Valtellinese
- Dexia Banque Internationale à Luxembourg S.A.
- Deutsche Kreditbank AG
- Deutsche Postbank
- Entreprise des Postes et des Télécommunications Luxembourg
- Fineco (Bank of the Group UniCredit)
- First Investment Bank
- Fortuna Banque S.C.
- Genossenschaftliche FinanzGruppe Volksbanken Raiffeisenbanken
- ICCREA Banca
- ING Direct Italy
- ING Luxembourg Société Anonyme
- Investbank | Bulgaria
- KBL European Private Bankers S.A.
- Landesbank Baden-Württemberg
- Landesbank Berlin
- Monte dei Paschi di Siena
- Paylife (formerly Europay Austria)
- Raiffeisen Zentralbank Österreich AG, Wien
- Société Générale
- Société Générale Expressbank
- Sparkasse Jena-Saale-Holzland
- Sparkasse Niederbayern-Mitte
- Sparkasse Traunstein-Trostberg
- TARGOBANK
- TBI Credit
- UBS
- UGF
- UniCredit Banca
- UniCredit Banca di Roma
- Banco di Sicilia (UniCredit Group)
- UniCredit Bulbank
- United Bulgarian Bank
- Wartburg-Sparkasse
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