LONDON, September 7 /PRNewswire/ --     VocaLink, the international payments specialist, today announced that it
is working with KIR (Krajowa Izba Rozliczeniowa S.A.), the national clearing
house for Poland, to establish a bilateral link for the exchange of SEPA
Credit Transfer (SCT) payments based on the EACHA interoperability standards.

The provision of reciprocal interconnection services between VocaLink's
and KIR's respective Clearing and Settlement Mechanisms allows the two
organisations to mutually exchange SEPA compliant payment messages on behalf
of their respective clients. The agreement will further enhance VocaLink's
and KIR's reach within the SEPA Eurozone.

Although Poland is not currently a member of the Euro zone, KIR has seen
the number of transactions in the EuroELIXIR system, which provides services
to banks active in Poland for SEPA Credit Transfers, increase significantly
in recent months.

Michal Szymanski, Vice President of KIR S.A., comments: "The ability to
directly exchange payments with leading European payment processors within
the EACHA framework will enable us to reduce processing costs and speed up
the cross system message flow at the same time. We are continually improving
our SEPA product portfolio and so establishing an EACHA link with VocaLink
was a natural step forward for us."

Martin Wilson, Chief Commercial Officer at VocaLink, adds: "The bilateral
interoperability agreement with KIR will enable the simple and efficient
exchange of SEPA Credit Transfer payments between CSM communities. As a
result, the banks of one community will receive a fast, cost-effective and
low risk method of achieving reach with the banks of other communities."

The interoperability goal outlined by the EACHA framework fully supports
the aims of SEPA and enables the simple and efficient exchange of SEPA
payments between CSMs, banks and their customers. As both CSMs have more than
one settlement cycle per day, customers of VocaLink and

KIR will be able to make payments on a same day basis.

About VocaLink

VocaLink is a specialist provider of transaction services to banks, their
corporate customers and Government departments. It processes domestic and
international automated payments and provides ATM switching solutions. On a
peak day, the VocaLink automated payment platform processes over 90 million
transactions and over half a billion in a month. Its switching platform
connects the world's busiest ATM network of over 60,000 ATMs. Its Real-Time
Payments platform provides the central infrastructure for the UK Faster
Payments service. VocaLink is working with BGC (Bankgirocentralen) to provide
outsourced processing for the majority of Sweden's domestic payments.

About KIR

Through ELIXIR(R) and EuroELIXIR systems, KIR S.A. processes over 1
billion non-cash payment transactions annually. With the introduction of the
Single Euro Payment Area (SEPA), a link between EuroELIXIR and STEP2
platforms has been created, guaranteeing the participants pan-European
payment addressability. Since June 2009 the settlement of EuroELIXIR system
takes place on TARGET2 system platform.

KIR S.A. is intensively broadening the product portfolio aiming at
diversification outside narrow interbank payment processing. It is active in
many markets including electronic signature (under the SZAFIR brand), 
electronic content management (eArchiwum), EBPP (B2C solution with 
presentation in banking channels) and internet payments (PayByNet). KIR S.A. 
is also offering access to WIFTNet network as a Service Bureau and a broad 
portfolio of professional training services.