V Pay
Currently, V Pay is a topic that has captured the attention of a wide public due to its impact on different areas of society. Since its emergence, V Pay has generated debates and discussions ranging from its relevance in history to its influence on people's daily lives. In this article, we will explore in detail the most significant aspects related to V Pay, analyzing its origins, evolution and the implications it has today. Additionally, we will examine how V Pay has shaped different aspects of culture, politics, economics and technology, showing its influence in different contexts over time.
 | |
| Product type | Debit card |
|---|---|
| Owner | Visa Inc. |
| Country | United States |
| Related brands | Visa Electron, Visa Debit |
| Markets | Europe |
| Website | www |
 | This article may rely excessively on sources too closely associated with the subject, potentially preventing the article from being verifiable and neutral. (May 2017) |
V Pay is a Single Euro Payments Area (SEPA) debit card for use in Europe, issued by Visa Europe.[1] It uses the EMV chip and PIN system and can be co-branded with various national debit card schemes such as the German Girocard[2][3][4] or Italy's PagoBancomat.[5]
Overview
The V Pay debit card system competes with the Mastercard Maestro debit 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 the Visa Electron system, 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 of Visa Debit.[8]
External links
References
- ^ a b "V PAY – Your European debit card". Archived from the original on June 25, 2014. Retrieved August 6, 2011.
- ^ "V PAY technical requirements". Archived from the original on July 1, 2014. Retrieved August 6, 2011.
- ^ "Postbank migrates bank cards to V PAY/girocard". Archived from the original on 2011-10-07. Retrieved 2011-08-06.
- ^ "German banks have agreed to issue 34 million V PAY". Archived from the original on 2011-10-07. Retrieved 2011-08-06.
- ^ "CarigeCash Europa: la carta bancomat per prelievi ed acquisti sicuri". Banca Carige. Archived from the original on 2013-02-18. (in Italian)
- ^ "Het 'Welke bank?' topic". Retrieved 2018-11-01.
- ^ "France and Greece are first countries to accept V PAY". Visa Europe. 8 July 2005. Archived from the original on 2011-10-07. Retrieved 2011-08-06.
- ^ "Visa stellt von V-Pay auf Visa Debit um". kreditwesen.de (in German). 23 May 2019.