PayLens /Companies

Deutsche Kreditwirtschaft

Industry body

GermanyGermanyFounded 2011
Runs
Girocard, giropay
Headquarters
Berlin, Germany
Website
die-dk.de

What it does

Joint body of the five German banking associations, BVR, Bundesverband deutscher Banken, VÖB, DSGV and vdp, which took over the work of the Zentraler Kreditausschuss in 2011. It agrees the sector's common positions and drafts standardised rules for payments, card payment schemes included, so it sets the frame German acceptance runs on rather than serving merchants itself.

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