The European payments market is in a state of constant change. Increasingly acquirers are looking to process transactions cross-border; issuing banks have card customers in more than one country; large merchants look for on-us networks that can offer the possibility of blended rates and retailers are looking for card acceptance solutions that are cost-effective for all their outlets, irrespective of country location. Trionis has been created with the intention of providing a new option for financial institutions across Europe. Trionis is jointly owned by European retail banks and the European Savings Banks Group.