OP-Pohjola Group, the leading financial services group in Finland, use Savantor’s industry expertise to guide their strategic positioning within a changing acquiring mark
The Scandinavian acquiring market has been undergoing significant change as domestic processors evolve and international players seek increased market share.
Finland is a prime example and OP-Pohjola Group was amongst the first to recognise and respond to this situation.
In common with other banks, change and complexity on this scale is an infrequent event and Nordea did not have sufficient relevant experience in-house.
With the market moving from domestic debit cards to SEPA-compliant scheme branded cards, and acquiring previously being centrally processed, OP-Pohjola decided to investigate the alternatives for taking a more active role in acquiring.