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Six Pay embarks on pan-European expansion

01 February 2010  |  1329 views  |  0 Source: Six Pay

Six Pay, the international provider of cashless payment solutions, with headquarters in Luxembourg, was granted a license by the Luxembourgish supervisory authority (CSSF) to now also offer its services now throughout the European Union.

This enables SIX Pay to powerfully expand its activities and to become one of the leading providers for cashless paying in Europe.

The granting of the license to the specialist for card-based payment solutions means the starting gun has gone off, signaling their expansion into new markets, which shall be primarily focused on Eastern Europe. The aim is to establish the company among the leading providers for cashless payment transactions in Eastern Europe. In Western Europe, particularly the activities in Germany, the Benelux nations and Italy shall be expanded. Customers in these countries were previously serviced from Switzerland by SIX Multipay. In the future - after proper accrediting - they will be partially looked after by their own national representatives.

"The European market for payment traffic continues to grow closer together. The consolidation is moving full steam ahead and offers opportunities for growth. Our top offer for the acceptance of credit, debit and value cards as well as the corresponding payment solutions form an ideal basis for assuming an active role in the further development of the markets. The goal in this regard is to establish ourselves among the leading providers in our industry in Europe," stated Niklaus Santschi, Managing Director of SIX Pay.

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