Raiffeisen Bank in Serbia selected Asseco SEE for EFT POS outsourcing services

Raiffeisen banka a.d., Beograd, part of Raiffeisen Group, has selected Asseco South Eastern Europe as provider of EFT POS outsourcing services. Five years services contract is expected to be signed in following weeks. Bank plans to build card acquiring network in Serbia with assistance of Asseco SEE’s specialized unit for Card Business.

Raiffeisen banka a.d., Beograd, part of Raiffeisen Group, has selected Asseco South Eastern Europe as provider of EFT POS outsourcing services. Five years services contract is expected to be signed in following weeks. Bank plans to build card acquiring network in Serbia with assistance of Asseco SEE’s specialized unit for Card Business.

Banks can benefit from this Asseco SEE’s POS renting model since it does not require investments and  provides lower operating costs. This model also brings lower risk (for the period of POS renting,  ASEE is responsible for providing all required VISA and MC standards), more time to focus on core business instead of running network, faster time to the market, eliminating the need to coordinate activities with multiple vendors and providing possibilities for new services (NFC, loyalty, installment...etc.).