STET is one of the leading payments processors in Europe, including on Instant Payments. Operating a highly performant CSM and a Card authorisation Switch, STET processed over 24 billion transactions in 2018.
STET’s CSM offers processing services for the full range of payment instruments and has a 52% market share of euro transaction multilaterally cleared in Clearing Systems. Its Card authorisation network handled over 7.24 billion ATM and POS transactions in 2018.
STET is further working on PSD2 solutions for PSPs and facilitating the launch of IPs through the delivery of a mobile proxy database and fraud detection services for IPs.
INSTANT PAYMENTS :
Instant Payments services are solutions to new market challenges such as the rapid growth in peer-to-peer and mobile payments, and the general trends towards a cashless society.
SEPA.EU is a pan-European CSM for clearing and settlement of harmonized SEPA scheme transactions, minimizing risks by ensuring irrevocability and reliability in cross-border and domestic traffic.
VALUE ADDED SERVICES :
We have proven top performances on our core services bringing competitive advantage for our clients & partners and, thanks to our high level of in-house technical capabilities, we now bring our clients one step further with valued-added services such as Fraud Scoring and Proxy Data Base.