New location in Munich

Starting the 20 year anniversary in Germany

After starting with five people in Zürich 20 years ago, we now have an additional location in Germany. On 1 January 2016 we opened our branch office in Munich and continue to drive our growth strategy in the European market. Michael Seifert joins the Netcetera team as Managing Director of the new office location.

o strengthen its commitment to safe and convenient payment solutions, and to further expand its product business in Europe, Netcetera opened an office location in Munich on 1 January 2016. In doing so, the company ensures proximity to its growing number of customers.

Michael Seifert (52) has been hired as Managing Director. He has more than 25 years' experience in the payments industry, and most recently was Vice President Sales at First Data Deutschland GmbH. As Managing Director at Arcot Systems, Inc., he was responsible for all business within Central Europe for more than 12 years. In his new role at Netcetera, Michael will be responsible for existing customers as well as business development and distribution in Germany, Austria and Eastern Europe. Together with Dr. Thomas Fromherz, Head of Payment & Card Services at Netcetera, he will lead the further expansion of business activities throughout the European market.

«Our new office in Munich offers several advantages. On the one hand, Munich is home to a large payments industry and functions as a center of the IT industry in Germany. It's therefore a very attractive location for us. On the other hand, we're now closer to our existing customers in Munich and Germany. This helps us to continue with the implementation of our growth strategy,» says Andrej Vckovski, CEO of Netcetera.

In Germany and Austria, many market participants depend on the payment solutions from Netcetera, which for 3-D Secure solutions include a large segment of the German Savings Banks Finance Group, credit cards processor PLUSCARD, Deutsche Kreditbank (DKB), Bayern Card-Services, Paylife and Payment Services Austria. More examples include Wallegro for the e-wallet solution Tellwa, as well as numerous global payment service providers for 3DS MPI solutions.

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