05 10/2020 22:30

Press Releases

UniCredit and SIA confirm exclusive negotiations on the renewal of the card processing services

UniCredit and SIA confirm exclusive negotiations on the renewal of the card processing services Download (PDF 129.54 KB)

Milan, October 5, 2020 - With reference to the announcement of an agreement between Nexi and SIA to create a European digital payments paytech leader, UniCredit and SIA confirm that they have entered into exclusive negotiations about their current outsourcing agreement for the supply of certain processing services in Italy, Austria and Germany concerning card transactions and the management of POS and ATM terminals, and its renewal until 2036.
 
The parties aim to close the transaction binding documents in early 2021, in line with the timetable envisaged for the expected regulatory filings related to the recently announced Nexi-SIA merger.

Media Contacts:

Filippo Fantasia

Head of Media Coordination
Phone +39 02.6084.2833
Mobile +39 335.1202713
Email: filippo.fantasia@sia.eu

Valentina Piana

Media Coordination
Phone +39 02.6084.2334
Mobile +39 342.0467761
Email: valentina.piana@sia.eu