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Sandpiper Digital Payments AG Deutsche Boerse AG

Sandpiper Digital Payments AG (DB:4MS) acquired an additional stake in InterCard AG Informationssysteme (DB:II8).

June 27, 2016

Sandpiper Digital Payments AG (DB:4MS) acquired an additional stake in InterCard AG Informationssysteme (DB:II8) on June 27, 2016. Post-completion, Sandpiper Digital Payments owns more than 50% stake in InterCard.

Sandpiper Digital Payments AG (DB:4MS) completed the acquisition of an additional stake in InterCard AG Informationssysteme (DB:II8) on June 27, 2016.

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Company Profile

Sandpiper Digital Payments AG is a Switzerland-based company that offers cashless payment systems and services. The Company utilizes technologies, such as near-field communication (NFC), to provide closed loop digital payment, proximity marketing, as well as mobile commerce solutions for financial institutions, event organizers, public transport operators, publishers and advertisers, retailers and brands. Its activities are grouped into four operating segments: Mobility & Retail, which includes digital wallet for secure micro payments, card-based authentication, ticketing and loyalty solutions, among others; Education & Corporate, which offers a contactless multifunction card, enabling access control, rights and e-purse management for campuses, canteens, schools and enterprises; Security & Services, which offers software engineering and information technology (IT) security consulting, and Investing Activities, wherein the Company pursues a buy and build strategy.

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