Business · Companies · 55 mins ago

Sabadell combines its payments businesses under a new division

Sabadell combines its payments businesses under a new division

Banco Sabadell has created a division to bring its payments business together in Spain.

It combines services for personal and business cards, card-payment terminals, payment processing for merchants and Bizum transfers.

Mercè Serra will lead the new division, moving from her role at Sabadell Consumer Finance.

The bank says its previous structure split payments across different units, making it harder to share capabilities and respond to customers’ needs.

It wants to offer faster, safer payments with fewer steps, and is adding features to terminals, including a way for shops to offer financing at checkout.

The change supports Sabadell’s plan to grow payments and increase income from fees as it works through its 2025–2027 strategy.

Sabadell says one in five payment terminals in Spain is already its own, and it plans to expand in card issuing and merchant payment processing.

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