09 07/2019 14:00

Press Releases

SIA partners with HPS to strengthen its payment cards activities in Greece

SIA partners with HPS to strengthen its payment cards activities in Greece Download (PDF 115.36 KB)
HPS plans to create a dedicated PowerCARD “Centre of Excellence” in Athens
to exclusively support SIA in the development of
all payment cards initiatives in Greece
 
The strategic partnership will allow SIA to process all the different types of credit,
debit and prepaid card transactions for its banks and financial clients

on the HPS single integrated platform PowerCARD

 
 
Milan, Casablanca and Athens, 9 July 2019 – SIA, the leading European hi-tech company in the payment services and infrastructures sector, has signed a strategic partnership with HPS, a leading payment software company, to increase its card payments processing in Greece and other European countries through an innovative digital platform.
 
The agreement sees HPS’ “PowerCARD” solution enabling SIA to process all the different types of credit, debit and prepaid card transactions for its banks and financial clients on a single integrated platform in a faster, more secure and efficient way, also contributing to reducing transaction costs and mitigating operating risks.
SIA currently processes 7.2 billion issuing and acquiring card transactions and handles over 84 million payment cards in 23 European countries.
 
Furthermore, HPS plans to create a dedicated PowerCARD “Centre of Excellence” in Athens to exclusively support SIA in the development and implementation of all payment cards initiatives in Greece.
At the same time, the PowerCARD platform will be fully managed by New SIA Greece with the backing of a specialized team.
 
“Moving into an ever more digital age, we have seen an increased demand for card payments to be processed with the highest levels of performance. For this reason, SIA explored the market to find the most innovative solution to face the challenges coming from this transformation. SIA chose the HPS PowerCARD to meet the various needs of our clients and implement a leading edge card payments processing platform. We believe HPS is the right partner who can support us as we seek to grow our business in Greece and across Europe”, commented Daniele Savarè, Innovation & Business Solutions Director, SIA.
 
"We’re delighted that SIA has selected HPS’ PowerCARD platform to power their processing business focusing particularly on Greece and other European countries. Because of its open architecture and extensive API library the digital PowerCARD platform will enable them to deliver a first-rate payments processing service to their clients, using the latest payments technology,” said Philippe Vigand, Managing Director at HPS.

 

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