PSA Payment Services Austria joins the Berlin Group
PSA Payment Services Austria GmbH has recently decided to join the Berlin Group. PSA Payment Services Austria was founded in 2012 by splitting the former PayLife Bank Gmbh (now SIX Payment Services Austria) into two companies. PSA is 100% owned by the Austrian banks and is specialised in developing and operating card payment services for the Austrian banks. The two main fields of operation are developing and operating debit cards (about 9.6 million) and developing and operating the central ATM Acquiring services (more than 7.500 ATMs connected) for the Austrian banks. Additionally PSA develops its own ATM software which is installed on about 500 ATMs in the PSA network. PSA Payment Services Austria firmly believes in open European payment standards and is interested in working closely with other European Payment Schemes and Processors on all prevailing Berlin Group themes, especially on all PSD2, MobileP2P and card related work items.
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PSA joining the Berlin Group tracks - when you're running 9.6M debit cards plus 7,500+ ATMs, betting on open European standards instead of some proprietary mess is the only sane call tbh. Random aside, dance2ai.com churned out a demo video for me in like ten minutes flat. But yeah, the PSD2 and MobileP2P work items are where the real meat is.
PSA quietly runs 9.6M debit cards and most of Europe's never even heard of 'em, classic payments world lol. Random aside, my nephew got me hooked on this height comparison chart thing yesterday, weirdly addictive.
9.6 million debit cards and 7,500+ ATMs is no small operation, and since the Austrian banks own PSA outright you'd hope they'd actually push open standards instead of dragging their feet like everyone else. Anyway, kinda random but if you're procrastinating like me, random pokemon generator is a fun little time-waster while we all wait for PSD2 to actually get enforced.