SIA joins European Digital Payments Industry Alliance

By Sunniva Kolostyak

Italian payments and infrastructure provider SIA has become the newest member of the European Digital Payments Industry Alliance (EDPIA), joining founding members Ingenico Group, Nets, Nexi and Worldline.

Milan-based SIA, which is controlled by CDP Equity and specialises in the design, creation and management of technology infrastructures and services for financial institutions, will join EDPIA in advocate the growth of digital payments in Europe.

The EDPIA represents the interests of independent payment services providers headquartered in Europe. Its purpose is to contribute to EU policy debates that define the business environment for electronic payments and to strengthen the visibility and understanding of the European payments industry amongst policymakers and society as a whole.

The association aims to combine the capabilities of the payment services providers in a bid to boost the completion of the Digital Single Market for benefiting consumers, businesses and the public sector. It also aims to offer frictionless payments to EU citizens, companies and public bodies.

Gilles Grapinet, President of EDPIA commented: “On behalf all the other EDPIA members, I warmly welcome the decision of SIA, a key European player in the digital payments industry, to join EDPIA.

“It is a very important first development of our joint major initiative launched in May 2020, demonstrating the attractiveness of our alliance and of its ambition to unite all the independent European payment players to strongly and constructively contribute to the ongoing policy and regulatory debates and to actively promote the digital payments on our continent.”

Also commenting on the announcement, Nicola Cordone, CEO of SIA, said: “We are particularly proud to join EDPIA and to contribute further to accelerating the development of digital payments in Europe. SIA supports this initiative by leveraging its know-how, expertise and people in leading the innovation of digital pan-European payment services at world-class standard. For over 40 years we have proudly put citizens, corporates, financial institutions, central banks and the public sector at the centre of the digital payments revolution.”