Wirecard, the global innovation leader for digital financial technology, and Sisal Group, through its brand SisalPay, have signed an agreement to partner in the field of digital payments.

With more than 200 million transactions per year, 40,000 points of sale and 15 million customers, SisalPay already offers one of the most successful payment services in Italy and is regulated by the Italian central bank, Banca d’Italia. Users can access more than 500 individual services, including utility bills payments, tax payments, mobile phone top-ups, and subscriptions to digital TV services. The target of the new cooperation between Wirecard and the Sisal Group is to make contactless payments as simple and user friendly as possible.

“With the aim of guiding people towards new innovative consumption experiences, concretely contributing to the digital evolution of the country towards a cashless society, we constantly invest in people, skills and technology. SisalPay’s growth strategy is based on innovation and cutting-edge technologies. In this regard, with Wirecard we have found the ideal partner who shares our vision of an innovative payment universe and helps us to further digitize Italian society where 50% of payments are already contactless,” said Francesco Maldari, Head of Payment Services Business Unit at Sisal Group.

“With the help of Wirecard, SisalPay can unlock the potential of digitization and offer customers new integrated solutions to offer consumer maximum flexibility. We are delighted to contribute our global expertise in digital payments to SisalPay’s business strategy and expect a further expansion of the strategic partnership,” added Julian Weste, Vice President Sales Financial Institutions and FinTech Europe at Wirecard.

Source: Company Press Release