P4Cards (SIA Group)

//P4Cards (SIA Group)
P4Cards (SIA Group) 2018-11-15T10:34:29+00:00

Project Description

SIA is European leader in the design, creation and management of technology infrastructures and services for Financial Institutions, Central Banks, Corporates and the Public Sector, in the areas of payments, cards, network services and capital markets. SIA Group provides its services in 48 countries, and also operates through its subsidiaries in Austria, Germany, Romania, Hungary and South Africa. The company also has branches in Belgium and the Netherlands, and representation offices in the UK and Poland.

In 2017, SIA managed 13.1 billion clearing transactions, 6.1 billion card transactions, 3.3 billion payments, 56.2 billion financial transactions and carried 784 terabytes of data on the network.

The Group is made up of 8 companies: the parent SIA, the Italian companies Emmecom (innovative network applications), P4Cards (card processing), SIApay (advanced collection and payment services), and Ubiq (innovative technology solutions for marketing), Perago in South Africa, PforCards in Austria and SIA Central Europe in Hungary.

The Group, which currently has over 2,000 employees, closed 2017 with revenues of €567.2 million.

P4Cards is a company set up at the end of 2016 and taken over by SIA as part of its acquisition of Unicredit’s e-money processing business in Italy, Austria and Germany.

100% owned by SIA, the company operates in the Italian and German markets, offering processing services for issuing and acquiring of payment cards. In 2015, P4Cards handled 13.5 million payment cards, 1.2 billion payment operations, 206,000 POS terminals and 11,000 ATMs.

The company P4Cards employs approximately 350 people at its offices in Milan, Verona, Brescia, Treviso, Munich, Bucharest and Nuremberg. The Bucharest Branch has about 100 people that manages call center and back office activities in italian language, activities related to fraud prevention, support for online banking corporate platform and POS management support.

For more information, please visit https://www.sia.eu/p4cards