P4Cards (SIA Group)

//P4Cards (SIA Group)
P4Cards (SIA Group) 2019-12-23T11:33:42+00:00

Project Description

SIA Group 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 50 countries, and operates through its subsidiaries in Austria, Croatia, Czech Republic, Germany, Greece, Hungary, Romania, Serbia, Slovakia and South Africa. The Group also has branches in Belgium and the Netherlands, and representation offices in the UK and Poland.

In 2018, SIA managed 14 billion institutional services transactions, 7.2 billion card transactions, 3 billion payments, 51.7 billion financial transactions and carried 1,204 terabytes of data on the network.

The Group, which currently has over 3,400 employees, closed 2018 with revenues of €614.8 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.

The company P4cards employs approximately 400 people at its offices in Milan, Verona, Brescia, Treviso, Munich, Bucharest and Nuremberg. The Bucharest Branch has about 150 people that manages call center and back office activities in Italian and English language, activities related to fraud prevention, support for online banking corporate platform and POS management support.