Magna Carta and Equens Introduce Alternative for Chipknip

AMSTERDAM, April 14, 2014 /PRNewswire/ --

'Snel en Simpel Betalen' is already a success in catering

Amsterdam-based Magna Carta, a specialist in facility transaction systems, has entered into a cooperation agreement with payment processor Equens for the introduction of the innovative 'Snel en Simpel Betalen' [Quick & Easy Payments] for educational institutions as an alternative for Chipknip in the Netherlands. The system is based on contactless chip card technology and has been seamlessly integrated into the Magna Carta FacilityPro system. Consequently, existing clients do not need to switch to new POS terminals. 

The card balance is topped up by SEPA Direct Debit. For small amounts, and where normal debit card payments are not possible, users often pay using their personal e-wallet. Equens manages the e-wallets, processes the payments, and handles payments to the merchants. This unburdens organisations, since they no longer need to perform financial management for cardholders and merchants.

The cooperation between Magna Carta and Equens offers a solution for existing Chipknip clients looking for an alternative. What's more, the system will be available on the market this year. The electronic purse Chipknip will be discontinued as from 1 January, 2015. This alternative means of payment is appealing not only for existing Chipknip users, but also for new users.

Magna Carta and Equens will also market 'Snel en Simpel Betalen' internationally with a variety of additional innovative services.

Equens, one of the largest pan-European providers of payment services, is positioning its 'Snel en Simpel Betalen' service as an alternative means of payment for Chipknip, not only for the catering industry - where the system is already widely used - but, from now on, also for unmanned points of sale, such as vending machines, printers and copiers.

Editorial note 

About Magna Carta 

Magna Carta Chipcard Solutions develops and supplies multifunctional card systems for educational institutions, care facilities, enterprises and public authorities around the world.

In recent years, Magna Carta has evolved from a producer of electronic payment systems to also a developer and supplier of an integrated facility management platform. This Platform, Facility Pro, is the comprehensive facility management platform from Magna Carta and enables customers to professionalize the facility services of their educational institution or enterprise.

Smart deployment of ICT improves facility services to students and other users and allows facility costs to be better monitored and, where possible, reduced. The new FacilityPro5 management software is web-based and provides advanced new features, such as an online user portal and a mobile app. The systems of Magna Carta are a contribution for the improvement of the quality of the company facilities.

Magna Carta has been developing and supplying multifunctional payment systems for educational and health care institutions, enterprises and public authorities since 1996. Our company is ISO 9001:2008 certified.

For additional information on Magna Carta, please visit http://www.magnacarta.nl.  

About Equens 

Equens SE is the first pan-European, full-service payment processor. As one of the largest payment processors in Europe, it leads the market for future-proof payment and card solutions. Thanks to an extensive and competitive range of services, the company seamlessly meets the requirements and wishes of the European payments market. Equens supports the development of a single, uniform European payments market (SEPA), and is dedicated to the standardisation and harmonisation of European and global payments. With clients and partnerships in multiple European countries, it offers pan-European market coverage from offices in five countries - the Netherlands, Germany, Italy, Finland and the United Kingdom. With an annual processing volume of 10.6 billion payments and 4.6 billion POS and ATM transactions, Equens SE has a European market share of more than 12.5%.

For additional information on Equens, please visit http://www.equens.com.

SOURCE Magna Carta and Equens SE