With more than three decades of activity, SIBS provides modern, reliable and secure financial services, particularly in the area of payments, to more than 300 million users in several geographies, processing over 3 thousand million transactions per year. Besides being a major payment processor in Europe, SIBS is a benchmark in Security and Anti-Fraud solutions and services in Business Process Outsourcing and leader in the Iberian Peninsula in Card Production and Personalisation.
SIBS grew as a fintech, innovating and taking technology as its driver. SIBS has reinvented existing payment methods and created MB WAY, Portugal’s most modern and complete payment app, which allows to make purchases, instant payments and withdrawals, just by using the mobile phone. It is also the company responsible for the management of the ATM Express and MULTIBANCO Networks, the largest and most universal Portuguese ATM network, to which it has added dozens of functionalities, many of them unprecedented worldwide. In parallel, SIBS manages multiple digital payment channels, from Automatic Payment Terminals, to online media or mobile phones.
SIBS is also a prominent international player, active in several markets, namely in Europe and Africa, where SIBS solutions operate in more than 330 thousand terminals that process around 2 thousand million transactions, especially in Poland, where it owns Paytel, one of the payment terminal operators that has most dynamised the market.
SIBS is committed to constantly pursuing its mission of being the reference partner of public and private entities, creating value for the Society, through the development and management of technology-based payment solutions, processes and related services that combine security, convenience and innovation, respecting good behavioural principles and conditions of sustainability.
Visit SIBS website at: www.sibs.com