SIX Group Merges Two Divisions to Create Payment Services Unit
SIX Group intends to position itself more clearly as a provider of all-round payment transaction solutions and to continue driving growth in Switzerland and Europe. To achieve this objective, the two divisions active in the field of cashless payment transactions – multipay and cards and payments – are being combined at the beginning of 2012. The company has appointed Niklaus Santschi as chief executive officer (CEO) of the integrated division.
The new division’s integrated business model will create within SIX Group an organisation that is close to the client, strong and flexible in product development, and efficient in its service delivery. A targeted international market presence, in combination with highly attractive products and services, will position SIX Group Europe-wide as a leading international payment services provider.
Santschi has a wealth of experience in the processing and acquiring side of cashless payment transactions, as well as an excellent understanding of the European markets. He has been head of business development and sales within the multipay division and CEO of SIX Pay since 2008; he is also responsible for expanding the international acquiring portfolio.
Santschi began his career in 1991 at Eurocard (Switzerland). Afterwards, he moved to Payserv, where he was responsible for setting up a European sales and marketing organisation. Santschi was a European sales manager at Telekurs Card Solutions from 2002, and head of marketing and sales at Telekurs Multipay from 2003. He graduated in economic history and European law in Zurich and deepened his studies in International Management at Insead in Fontainebleau.