Oversight of processors of payment operations

The proper functioning of card payment processing in Belgium, given its role in the real economy, is a primary objective of the Bank’s oversight.

Although payment processors are not necessarily payment systems, the Belgian economy is heavily dependent on the proper functioning of payment processors. Society strongly depends on the stability and continuity of scriptural money payments. The malfunctioning of one specific service provider, even if it is only temporary, has far-reaching consequences for the entire scriptural payment system. The resulting economic damage could be considerable.

Legislation

List of systemically relevant payment processors

 

Systemically important processors

Payment scheme for which the legal threshold is exceeded

Bancontact

Maestro

Worldline NV/SA

X

 

equensWorldline SE

X

X

Mastercard Europe SA

 

X

Worldline Switzerland ltd X  

 

Worldline NV/SA
Naamloze Vennootschap / Société anonyme
Haachtsesteenweg 1442
1130 Brussel

equensWorldline SE
Europese vennootschap / Société européenne
Eendrachtlaan 315
3526 LB Utrecht
Nederland

Mastercard Europe SA
Société anonyme / Naamloze vennootschap
Chaussée de Tervuren 198A
1410 Waterloo

Worldline Switzerland ltd
Naamloze Vennootschap / Société anonyme
Hardturmstrasse 201
8005 Zürich
Schweiz

Objectives, scope and practical organisation of the oversight of processors for retail payment instruments