Currence
BankingNorth Holland, Netherlands11-50 Employees
Currence operates within the Dutch banking and payments landscape to promote a transparent, competitive market while sustaining the quality, security, and efficiency of the uniform payment system in the Netherlands. It achieves this by creating a clearly defined playing field for participants who use its payment products, including iDEAL and other offerings such as PIN, Chipknip, Acceptgiro, and Incasso/Machtigen, ensuring equal conditions for all players. The organization emphasizes clear rules and transparent supervision to ensure compliance within the product environment. Based in Amsterdam, the company was established on 1 January 2005 at the initiative of eight Dutch banks to oversee standardized payment products and the underlying infrastructure. Currence owns the iDEAL payment system and focuses on maintaining and developing a high-quality, secure Dutch payments framework. In 2023, EPI Company acquired Currence, signaling a shift in ownership within the Dutch payments landscape.