MyBank boosting Italian ecommerce and e-payments

MILAN - PARIS | Enel, UniCredit and EBA CLEARING announced today the connection of Italy’s leading power company Enel to MyBank, EBA CLEARING’s e-authorisation solution for payments made via online banking. Millions of customers of Enel Energia are now able to easily and safely pay their gas and electricity bills from Enel’s website by clicking on the MyBank button located on the MyEnel customer pages.


MyBank: more payment convenience, more speed, reducing fraud

“We are pleased to offer an enhanced e-payment service to the 60 percent of our Italian customers who prefer settling their utility bills via credit transfer,” said Giovanni Vattani, Head of Payment Systems at Enel Market Division Italy. “MyBank will provide us with real-time information about authorised payments, speed up our reconciliation processes and reduce fraud. Besides delivering these immediate benefits, the solution holds a great potential for the future, because it will soon support advanced mobile applications and the creation of direct debit e-mandates. Furthermore, MyBank offers the possibility to be rolled out to our customers all across Europe.”


MyBank: Pay Using Your Own Online Banking 

“With MyBank, retail customers can use the e-banking platform of their bank to pay bills online and to buy at web shops. The solution is very convenient and highly secured,” said Barbara Sacchi, Responsible ePayments at UniCredit Global Transaction Banking. “Thanks to the many benefits it provides to e-merchants and other e-billers, MyBank has attracted substantial interest from our corporate customers before we have even started promoting it to them. We look forward to making MyBank available to many more corporates and their customers over the next few months.”


MyBank boosting Italian ecommerce

“The deployment of MyBank by corporates and e-merchants of all sizes, which is now beginning, will lead to a massive increase in e-payment volumes in Italy,” said Roberto Liscia, President of Italy’s e-merchant association Netcomm. “MyBank will help to fulfil one of the key objectives of the Digital Agenda for Italy, which consists in boosting e-commerce among the 26 million Italians who do not shop on the Internet today.”


Over 300 Italian institutions join MyBank

The MyBank solution for initiating SEPA Credit Transfers went live in March 2013 and currently counts 50 participating financial institutions, which represent over 10 million retail payment accounts. Forty-eight participant banks are located in Italy and over 300 additional Italian institutions are scheduled to join the solution before the end of 2013. Other MyBank participants are located in France and Luxembourg.


Check out the MyBank explanatory video.


About MyBank and EBA CLEARING

MyBank is an e-authorisation solution that enables customers to pay for their online purchases via their regular online or mobile banking environment. The solution was launched in March 2013 and is open to all authorised payment service providers (PSPs) in the Single Euro Payments Area (SEPA), including, without limitation, credit institutions and payment institutions. The MyBank Directory, which lists all participating financial institutions, is hosted by SIA, a major financial services technology infrastructure provider based in Milan.


MyBank is geared at supporting the initiation of SEPA payments via the Internet and may at a later stage also be used for transactions in other currencies or for e-identity services. At this stage, MyBank supports the initiation of SEPA Credit Transfers. It is planned to enable customers to create, modify and cancel electronic mandates for SEPA Direct Debits from February 2014 on. MyBank has been developed by EBA CLEARING (, which also manages the solution. EBA CLEARING is a provider of pan- European payment infrastructure solutions and is owned by 62 of the major banks operating in Europe.


Press Contact

Annick Moes, tel: +49 151 16 31 15 26, email:



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