Services

Currence offers the following services.

Facilitating a competitive market and transparency
Currence provides facilities for players wishing to enter the markets for the payment products managed by Currence. By applying uniform rules which are laid down in a clear-cut manner, Currence ensures that each player wishing to play an active role in the market satisfies the same requirements. Currence is also responsible for supervising compliance with the rules and imposing sanctions where necessary.

Licensing and certification
Players wishing to offer payment products managed by Currence are required to satisfy the conditions set by Currence regarding such things as organisation and production processes. Only when they have been properly certified can they enter the market as Licensees. Even players providing services or supplying software and hardware used, for example, in the settlement of payment system transactions involving Currence products have to satisfy the conditions in order to qualify for a certificate. Currence issues licences and certificates on the basis of examinations performed by independent auditors and certification institutes. In case of disputes, arbitration is provided by an independent Appeals Board.

Briefing/brand promotion
The general public and specific interest groups have a need for general information on the use of the products. Currence adopts a proactive approach to the provision of information and maintaining a dialogue with all interested parties. The payment products are accordingly promoted as being safe, simple to use and efficient.

Updating of products/product innovation
Payment systems are developing apace, both nationally and internationally and with respect to new technology. Currence monitors these developments closely so as to be able to respond to the wishes of its customers and the needs of the market. In this context, it is important to create a platform of support among all players in the payment system. This helps to achieve rapid acceptance and success for the Currence payment products.

Coordination of antifraud measures
As owner of PIN, Chipknip, Acceptgiro, Incasso/Machtigen and iDEAL, Currence has a duty to guarantee the integrity and reliability of the payment products as far as possible and, to this end, the company works closely with all interested parties and plays a leading role in joint efforts to combat fraud.