Bancibo: Extending the Boundaries of Digital Payment Technology

Top 10 Payment and Card Companies in Europe - 2020

Technological innovations are disrupting numerous domains of the fintech space, and one among them is the payment and card realm. Today, payments have become more ubiquitous, embedded, standardized, and secure, thereby reducing friction in processing and eventually boosting the customer experience. To meet the demands of the tech-savvy millenials and Gen Z, mobile point of sale (mPOS) payments are gaining the momentum.

In essence, mPOS is facilitating seamless, flexible real-time payment transactions in stores by streamlining and replacing the central checkout areas with mPOS devices. Also, the growth of automation and IoT has opened doors for smart speaker payments voice-controlled through home assistants that allow customers to either send or receive money digitally. Besides, digitized invoicing and accounts payable are enabling business managers to replace traditional paper-billing systems with a single seamless digital platform that offers full payment services, invoicing, account receivables information, and many more.

In the wake of such drastic transitions, we have compiled this issue of Banking CIO Outlook in order to assist organizations in the task of finding accomplished solution providers to help them navigate the payment and card realm. In this edition, we have listed the Top 10 Payment and Card Companies in Europe 2020 to highlight the companies that can escalate the chances of your growth. Equipped with innovative technological capabilities, these enlisted solution providers are transforming the payment and card landscape at the cloverleaf of various disruptive technologies. Besides, the magazine comprises insights from subject-matter experts, CIOs, and CXOs in the banking sector on the latest industry trends, best practices, recent innovations, and highlights their expertise. We hope this issue of Banking CIO Outlook helps you build the partnership you and your organisation need to foster an environment driven by robust and efficient technology.

We present to you Banking CIO Outlook’s “Top 10 Payment and Card Companies in Europe – 2020.”

    Top Payment and Card Companies in Europe

  • Founded by seasoned payments industry experts in 2015, AEON Payment Technologies has emerged as the best-kept secret of many financial institutions and merchants that are growing at lightning pace. AEON combines the power of the cloud and its proprietary technology tools to offer not only comprehensive payments processing but also additional services. To help our clients overcome the limitations of the traditional cash management platforms and fintech companies, it took the visionary approach of migrating payments processing to the cloud in 2015 that allowed us to easily handle transactions at scale on behalf of our clients. Today, it hosts more than 9.5 million prepaid, debit, and credit cards on the AWS cloud.

  • BANCIBO is a Prague-based global payment service provider that had started in 2012 as a small closed-loop card issuer. Evolving with time, today, the company offers regional payment services, payment gateways via Mastercards and Visa debit cards, mobile applications, current multicurrency accounts, and several other digital payment services. To make its payment services highly secure, BANCIBO also works in partnership with a global solution provider that covers ID documents of over 180 countries. It is one of the top payment and card consulting/services companies in Europe

  • ASHBURN International

    ASHBURN International

    ASHBURN International was founded in 1998, and it is part of the Penki Kontinentai since 2003. Today, the main activity of ASHBURN International is the development of software for managing the fleet of POS terminals and routing transactions. ASHBURN International is an expert in the field of acquiring and payments. The company, which is an acquiring expert, operates as Payment Service Provider (PSP) in the Baltic States, provides outsourcing services for acquiring networks in different countries, as well as consults organizations engaged in acquiring activities

  • comforte AG

    comforte AG

    comforte AG is a leading provider of data-centric security technology. Today, more than 500 organizations worldwide rely on our tokenization and format-preserving encryption capabilities to secure personal, sensitive data. With more than 20 years of experience in data security and protection of truly mission-critical systems, comforte AG is the perfect partner for organizations that want to secure their growth by protecting their most valuable asset: data. With offices in Germany, the United States, Singapore, and Australia, comforte AG has a global reach with local staff and has served as a trusted HPE NonStop partner since 1998. comforte AG’s roots in the HPE NonStop (Tandem Computers) market go back to 1979, and today, their leading security products are protecting data at rest, data in transit, and are included in HPE’s NonStop OS (operating system). comforte, Inc. (Denver, USA), comforte Pty. Ltd (Sydney, Australia), and comforte Asia Pte. Ltd. (Singapore) are wholly owned subsidiaries of comforte AG

  • Enfuce


    Enfuce offers payment and open banking services to banks, fintechs, financial operators, and merchants. By combining industry expertise, innovative technology and compliance, they are delivering long term and scalable solutions fast and secure. Established in 2016, Enfuce employs over 50 driven professionals in the Nordics and has close to 10 million end-users on their platform. Enfuce is the forerunner in the fast-moving fintech world, revolutionizing payments since day one. It all started in 2016, when the five co-founders with a rich professional background in financial services brainstormed ways to rebuild payments from the ground up together. They decided to build a flexible, scalable, and secure cloud-based payment processing solution that would be so fast to implement that it would enable any company to start issuing cards in no time

  • Ingenico


    Ingenico is a global leader in the fintech market, with more than three decades of experience. Its footprint gives scale to projects and talents. Innovation is part of our DNA and our diverse community of experts keep anticipating the evolution of commerce worldwide. Ingenico is shaping the future of payment. The company's team comprises 8,000+ people spread around the globe representing 78 different nationalities. Ingenico is proud of the diversity and professionalism of its employees. Whether they work in technical or business support functions , they all contribute to our success as the global leader in seamless payment. We believe in making the company and people successful, together



    The PAA CAPITAL GROUP is engaged in providing cross-border payment services to business enterprises and banks through the combination of a network of segregated bank accounts. Personal care, individual consultation, careful trading, strict risk monitoring, reliability and seriousness are core basic values of the comapany's business philosophy which are put into practice with care and passion by our experienced client advisors. The interests of its clients are always at the heart of PAA CAPITAL's activities. With sites located in Botswana, South Africa, Germany, Spain, UK, USA, Sweden, Philippines, Singapore

  • SafetyPay


    SafetyPay innovates in the financial services segment applying technology-based business processes in its solutions - "fintech"​. It operates in 17 countries through more than 100 banks worldwide, offering solutions in Latin America, United States, Europe and Canada. SafetyPay provides a secure e-payment method that enables cash sales through a variety of sales channels, such as e-commerce or call centers, for consumers who wish to pay directly through their bank account or in cash without bank account. SafetyPay is a non-card payment method with the largest bank network that enables online cash payments, bank transfers and cross border transactions for a global market of consumers

  • TrustPay


    TrustPay, provider of online payment solutions, is a principal member of Visa, Mastercard and UnionPay. TrustPay provides first-class card acquiring services and sophisticated corporate accounts including features like API banking, Virtual IBANs, prepaid cards to fit all your business needs. Founded in 2009, TrustPay belongs to first financial institutions within the region to provide secure e-commerce payments across EEA area. Our principal membership with VISA Europe, MasterCard and UnionPay as well as PCI DSS Level 1 certification enable us to provide our clients with outstanding cross-border B2B services. TrustPay accounts are available in several currencies, including EUR and GBP. Each account has its own unique IBAN

  • Worldline Global

    Worldline Global

    Worldline is the European leader in the payments and transactional services industry and #4 player worldwide. With its global reach and its commitment to innovation, Worldline is the technology partner of choice for merchants, banks and third-party acquirers as well as public transport operators, government agencies and industrial companies in all sectors. Powered by over 20,000 employees in more than 50 countries, Worldline provides its clients with sustainable, trusted and secure solutions across the payment value chain, fostering their business growth wherever they are. Services offered by Worldline in the areas of Merchant Services; Terminals, Solutions & Services; Financial Services and Mobility & e-Transactional Services include domestic and cross-border commercial acquiring, both in-store and online, highly-secure payment transaction processing, a broad portfolio of payment terminals as well as e-ticketing and digital services in the industrial environment. In 2019 Worldline generated a proforma revenue of 5.3 billion euros