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Most banks issue Maestro debit cards, with only De Volksbank and ING offering both V Pay and Maestro branded cards. [22] [23] Prior to January 1, 2012, Dutch Maestro debit cards were co-branded with the national PIN scheme. This scheme has since been retired and replaced by Maestro and V Pay.
By default, Mastercard and Maestro cards are linked to the Cirrus network, but very often all three logotypes will be shown. Canadian, American and Saudi Arabian ATMs use this network alongside their local networks, and many banks have adopted Cirrus as their international interbank network alongside either a local one, the rival Plus ATM ...
Payment Multi-Purpose Card Specification (PMPC) – A proprietary ATM and Debit chip-card standard which was developed by MEPS. MEPS is the central coordinating body for the national implementation of the PMPC and is responsible for developing the PMPC chip card specification, technical standards, technical integration, support and coordination.
Credit card use in the Netherlands is very low, and most credit cards cannot be used with EFTPOS, or charge very high fees to the customer. Debit cards can often, though not always, be used in the entire EU for EFTPOS. Most debit cards are Mastercard Maestro cards. Visa's V Pay cards are also accepted at most locations. In 2011, spending money ...
Switch/Maestro cards issued by certain banks carried an issue number on the bottom of the card corresponding to the number of times a card had been issued on a particular account. This was usually because the current account number the card was linked to actually formed a large part of the card number, and therefore the card number could not be ...
An electronic card payment was generally made by the card owner entering their PIN (Personal Identification Number) at a so-called EFT-POS-terminal (Electronic-Funds-Transfer-Terminal). The name "EC" originally comes from the unified European checking system Eurocheque. Comparable debit card systems are Maestro and Visa Electron. Banks and ...
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Getsby is the first company to only issue tokenizable Virtual Debit Mastercard Cards in the Netherlands. [22] Rabobank will start offering Debit Mastercards from mid-2022, alongside their existing Visa Debit cards. [23] ING has also begun rolling out Debit Mastercards, which will gradually replace their current stock of V-PAY and Maestro cards.