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Sberbank has Become the Largest Acquirer in Europe for the Second Year in a Row
10.06.2018 00:49
Sberbank has Become the Largest Acquirer in Europe for the Second Year in a Row

 According to research company The Nilson Report, Sberbank has become the largest acquirer in Europe for the second year in a row. In 2017, Sberbank handled more than 9 bln transactions in its acquiring network. This number increased by 20% in the last year. The report took into account data on Sberbank’s business in Russia.

      As in the previous year, Worldpay (7.91 bln transactions) was the second largest acquirer in Europe, and Barclays (6.89 bln transactions) was third.

      In 2011, Sberbank took the 12th spot in The Nilson Report; a year later, it reached the 6th spot (1.3 bln transactions). In 2014, Sberbank became one of the three largest acquirers in Europe (3.6 bln transaction), and, in 2015 was ranked second (5.3 bln transactions).

      The Nilson Report takes into account the transactions made in-store, online, on the mobile web and in-app.


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Author: Anna Dorozhkina

Tags: Russian business     

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