[IMGCAP(1)]Danish payments processor PBS Wednesday announced it will use a combined SEPA direct-debit and credit-transfer product from Belgium-based payment-technology vendor Clear2Pay. PBS will provide the service to its bank and corporate clients, a company statement says. To date, 117 financial institutions have signed up for the direct-debit payment-processing service, PBS says in a statement. Denmark is not in the Euro zone, but PBS's clients do business in the European market and need to be SEPA-compliant, PBS CEO Flemming L. Jensen says in a statement.

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