ABN Amro will be able to provide payment services via iDEAL that fully meet Single European Payment Area (SEPA) requirements for electronic money transfer in Europe.

Atos Worldline said it will provide a centralized internal solution which will allow ABN Amro to process payments in the new SEPA environment easily via a single account and at lower costs.

Atos Origin CEO in Netherlands Rob Pols said Atos’ services to Fortis Bank Nederland, which in the meantime merged with ABN Amro, have already proved that Atos Origin is capable of anticipating the accelerated growth of iDEAL.

"Atos Origin is the obvious partner for implementation and management of the platform because we meet all the technological requirements. We have developed a standard which can be adapted for use throughout Europe and which guarantees implementation on the basis of SEPA. This new agreement will enable us to further strengthen our position in this market," Pols said.