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Portugal’s SIBS to buy ITCard, the Polish leader in processing ATM and electronic payment transactions for banks and financial institutions

11 septembrie 2025

SIBS expands horizons and strengthens its international presence by acquiring ITCARD, a specialist in ATMs and POS terminals in Poland. „This acquisition expands SIBS’s network to over 20,000 ATMs, 780,000 POS terminals, and 32 million cards, processing 16.5 billion transactions per year.” – according to the company’s announcement.

Rui Mendonça Lima, International Director at SIBS: „Acquiring ITCARD is a strategic move to strengthen our presence across Europe and bring even more value to our clients through technological innovation.

Jarosław Chrzanowski, Chairman of ITCARD: „Joining the SIBS Group enhances our stability, security, and growth potential, while keeping the high-quality service and excellence that define our brand.”

„By combining SIBS’ international experience with ITCARD’s local expertise, SIBS is ready to deliver secure, innovative, and omnichannel digital payment solutions to financial institutions and merchants, consolidating its leadership in Central and Eastern Europe.” – the company said.

Thrilled to announce the latest milestone in SIBS’ international growth: the acquisition of ITCARD in Poland. Another big step in SIBS’ European journey. This expands our ATM network, POS footprint, and card processing scale — but more importantly, it strengthens our ability to deliver value across physical and online payment channels.„- said Tomás Reto, Head of M&A at SIBS.


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