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DGC

SEPA in your pocket – development of a mobile payment solution based on a disruptive SEPA (Single Euro Payments Area) Credit Transfer approach for banks and the payment industry.

Total Cost €

0

EC-Contrib. €

0

Partnership

0

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 DGC project word cloud

Explore the words cloud of the DGC project. It provides you a very rough idea of what is the project "DGC" about.

compliance    business    label    innovation    efficient    competitive    buyer    edge    premium    credit    truly    services    sales    mobile    adding    months    technological    market    mission    channel    intended    secure    specialists    model    drive    payments    empowering    feasibility    banking    direct    financial    pocket    revolutionise    true    point    customisable    internationalisation    transfers    virtually    reducing    entirely    handle    relationship    provider    provides    centric    industry    experiences    costly    financing    commissions    banks    digicash    environment    incentives    undertaken    integrating    commercialising    added    sepa    suiting    changing    primary    speeding    merchant    bank    exhaustive    payment    security    grade    source    white    opportunity    launch    shopping    create    smartphone    sale    serves    infrastructure    convenient    levels    plan    prepare    enhanced    merchants    solution    trustworthy    link    additional    clients    consumers    seller    device    impose   

Project "DGC" data sheet

The following table provides information about the project.

Coordinator
DIGICASH PAYMENTS SA 

Organization address
address: 7 RUE JEAN FISCHBACH
city: LEUDELANGE
postcode: 3372
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Luxembourg [LU]
 Project website http://www.digica.sh
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.2.1.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT))
2. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
 Code Call H2020-SMEINST-1-2014
 Funding Scheme SME-1
 Starting year 2015
 Duration (year-month-day) from 2015-06-01   to  2015-11-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    DIGICASH PAYMENTS SA LU (LEUDELANGE) coordinator 50˙000.00

Map

 Project objective

By empowering European banks and other payment specialists, Digicash Payments is providing the technology to truly revolutionise payment and shopping experiences: a direct link with the bank is now available directly on the consumer’s smartphone or virtually in their pocket. By triggering SEPA Credit Transfers, the Digicash solution serves as a technological channel between the end user (buyer/seller) and its primary source of financing providing an easy means to handle payments via a mobile device.

Being a bank-centric product in a highly competitive market, Digicash aims to impose the most efficient m-payment model on the European market together with banks. Digicash provides leading-edge technology by commercialising a white-label solution based on SEPA Credit Transfers that is entirely customisable, for both design and functionality.

The solution allows banks to offer additional banking services and enhance their relationship with their clients offering bank-grade security and compliance levels. Thus, Digicash enables them to offer 1/ consumers a convenient, secure and trustworthy payment solution with enhanced value-adding services and incentives, and 2/ merchants a true added value, speeding up their point of sale processes, enhancing the sales experience by integrating features, and reducing merchant commissions based on a less costly infrastructure. For banks, this is a real opportunity to drive innovation in a changing consumer-driven environment.

Digicash Payments aims at becoming a leading European premium payment technology provider for the financial industry based on the launch of a product suiting the specific needs of European banks. The main mission of the feasibility study intended to be undertaken under Phase 1 will be to create an exhaustive business plan within the next 6 months to prepare this internationalisation.

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The information about "DGC" are provided by the European Opendata Portal: CORDIS opendata.

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