The future
for automated clearing houses
(ACH) may seem uncertain in light
of SEPA, but that does not prevent some of them from expanding:

Today (9 December), Equens has opened its office in London,
UK.

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The pan-European ACH, headquartered in the Netherlands,
told Electronic Payments International that its goal
was to expand in Europe and acquire more clients in different
countries.

A spokesperson said that the UK market was an “important”
one.

Michael Steinbach, chairman of the board of directors of Equens
said in an official statement:

“We clearly pursue a strategy of European growth. Therefore, we
are glad to announce the opening of a branch office in London in
October this year.

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“As we consider the UK as one of the key markets for the
payments and cards business in Europe, it is a logical step in our
expansion within Europe. The presence in the heart of the UK market
will allow us to better support and be closer to our clients.”