Chip Card enables complete card acquisition solution to Merchants without opening a special account at the bank and without investing in the infrastructure!
Joint stock company Chip Card Belgrade was founded on 31 May 2004 on the initiative of the Association of Serbian Banks and the 12 business banks that have used the Processing Center services at the Association of Serbian Banks.
Soon after the establishment, Chip Card obtained necessary certifications for issuing and acceptance of products from major domestic and international payment card systems (DinaCard, Visa, MasterCard).
In 2008 Chip Card successfully passed Payment Card Industry Data Security Standard (PCI DSS) certification, which is renewed annually.The certificate is a guarantee that the data are treated in accordance with the highest security requirements of payment card organizations.
At the moment we provide processing services for 30% of payment cards issued in the territory of Serbia.
Since 2016, Chip Card is part of the Asseco SEE Group, with more than 1300 employees in 12 countries, which is the domain of implementation of its own software solutions and services, one of the top five IT companies in the region of Southeast Europe and its services use different industrial verticals including the financial sector, public administration, administration and telecommunication companies.
Since 2017, Chip Card has National Bank of Serbia licence to work as a Payment Institution.
Asseco SEE has had more than 15 years of experience in e-commerce business. Its payment systems are used by both financial institutions – banks, providing these services to their Merchants, and by the Merchants themselves, who use the e-commerce solution to offer to their customers possibility of effecting payments at their online shops by cards. Asseco‘s eCommerce service set is available in more than 13 countries, it operates with more than 25000 merchants, and it processes more than 200 million transactions per year.
The system operates in compliance with the card organization requirements: we support 3D Secure technology, own PCI-DSS Level 1 certificate, as well as the PA-DSS application.
In Serbia we have been engaged in e-commerce business since 2008, after the first online shopping – set of tickets for Euro song 2008 was realized throughout our e-commerce system.
The eCommerce transactions are performed by the processing company Chip Card a.d, a part of Asseco SEE group. We currently enable acquisition of payment cards at over 40 online sale points in various fields of business. As well, 3 out of total of 5 banks providing online payment card services already use the ASEE system (Payment Gateway).