V Pay
 | |
| Product type | Debit card |
|---|---|
| Owner | Visa Inc. |
| Country | United States |
| Related brands | Visa Electron,Visa Debit |
| Markets | Europe |
| Website | www |
 | This articlemay rely excessively on sourcestoo closely associated with the subject,potentially preventing the article from beingverifiableandneutral.(May 2017) |
V Payis aSingle Euro Payments Area(SEPA)debit cardfor use in Europe, issued byVisa Europe.[1]It uses theEMVchipandPINsystem and can be co-branded with various national debit card schemes such as the GermanGirocard[2][3][4]or Italy'sPagoBancomat.[5]
Overview
[edit]The V Pay debit card system competes with theMastercard Maestrodebit card product. However, unlike Mastercard Maestro, V Pay cards cannot be used in non-EMV environments, limiting its acceptance to those countries and merchants that use this system. Also unlike Mastercard 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 except for some of their overseas territories.[1]However, some cards are co-branded with theVisa Electronsystem, which allows using them outside Europe.[6]
V Pay cards began to be accepted at merchants in France and Greece in 2005,[7]and acceptance had since expanded to more European countries.
However from 2019, the V Pay system is gradually phased-out in favor ofVisa Debit.[8]
External links
[edit]References
[edit]- ^ab"V PAY – Your European debit card".Archived fromthe originalon June 25, 2014.RetrievedAugust 6,2011.
- ^"V PAY technical requirements".Archived fromthe originalon July 1, 2014.RetrievedAugust 6,2011.
- ^"Postbank migrates bank cards to V PAY/girocard".Archived fromthe originalon 2011-10-07.Retrieved2011-08-06.
- ^"German banks have agreed to issue 34 million V PAY".Archived fromthe originalon 2011-10-07.Retrieved2011-08-06.
- ^"CarigeCash Europa: la carta bancomat per prelievi ed acquisti sicuri".Banca Carige.Archived fromthe originalon 2013-02-18.(in Italian)
- ^"Het 'Welke bank?' topic".Retrieved2018-11-01.
- ^"France and Greece are first countries to accept V PAY".Visa Europe. 8 July 2005. Archived fromthe originalon 2011-10-07.Retrieved2011-08-06.
- ^"Visa stellt von V-Pay auf Visa Debit um".kreditwesen.de(in German). 23 May 2019.