Company

Company

Established in 1994, ROMCARD is the leading provider of services for card payment systems in Romania.

HISTORY

In 1994, after becoming members of VISA INTERNATIONAL, five of the most important Romanian banks – Romanian Commercial Bank (BCR), Romanian Foreign Trade Bank, Romanian Bank for Development, Agriculture Bank and “Ion Tiriac” Bank- founded the ROMCARD SA Company,  as a card processing centre (third party).

The founding banks have established ROMCARD as a company capable of offering the whole range of services in the card processing field, to all the banks that were willing to process their cards through its agency.

Today, ROMCARD Processing Centre, with more than 20 years of experience in the cards operation field, is operating on a system built entirely in compliance with international standards and based on certificates received from MasterCard, VISA, American Express, JCB, and Diners Club card associations.

Based on our unrivalled experience in services related to card transaction security, Romcard also extends its  services to all areas linked to banking, as well.

Shareholders

In September 2020 Romcard was acquired by SIBS a full fledge payment service provider, with a leading position in Portugal and a significant footprint in high-growth countries in Europe, Asia and Africa. The Company offers a broad spectrum of solutions from digital and e-commerce to ATM and POS network management, card production and personalization, anti-fraud and cybersecurity services.

Founded in 1983, SIBS provides financial, modern, reliable, and secure services, particularly in the payments’ area, to more than 300 million users from different geographies, processing more than 4 billion transactions annually. Alongside being a major payment processor in Europe, SIBS is a benchmark in Business Process Outsourcing and the Iberian leader in Card Production and Personalization.

Know more about SIBS at https://www.sibs.com/en/