Contact Experian
If you would like further information on any of the terms in our glossary or to request a call back with one of our experts, please click on the image below:
STEP1
STEP1 is a payment system for commercial transactions based on EURO1 and designed to process single cross-border payments in Euros. The system enables banks that operate in the European Union to exchange commercial payments with the other STEP1 participants - presently 115 - as well as the entire community of EURO1 banks. See also STEPS (Straight Through Euro Payment System).
