Finance:BeaNet

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BeaNet (abbreviation of Betaalautomaten Netwerk, Dutch for payment terminal network) was a Dutch system and organization for electronic payments, which was founded in 1988.[1]

Adoption

In March 1990, Esso included the possibility to pay with BeaNet.[2] In January 1992, Albert Heijn was the first large supermarket in the Netherlands that adopted the usage of BeaNet.[3]

Criticism

Yvonne van Rooy, the staatssecretaris of economic affairs in the Third Lubbers cabinet, wanted to get rid of the monopolistic position of BeaNet in 1992.[4]

Merger

In 1993, a merger was announced between BeaNet, Bankgirocentrale and Eurocard Nederland.[5] In 1994, they formed Interpay.[6]

See also

References

External links