On a peak day, the VocaLink automated payment platform processes over 80 million transactions and we already process over 15% of Europe’s automated payments. Our switching platform connects the world’s busiest ATM network of over 60,000 ATMs.
Our unique clearing and settlement services and clearing and settlement mechanism (CSM) provide reach throughout the SEPA and beyond. VocaLink value-added services give banks the opportunity to launch competitive products cost-effectively on a technical platform that is proven to be reliable and scalable. Banks benefit from reduced costs, a shorter time to market for new products and greatly reduced operational and commercial risk.
Overall, VocaLink has an exemplary track record in the transactions business.