December 10, 2017 9:37 PM ET

Consumer Finance

Company Overview of ZAO United Card Service

Company Overview

ZAO United Card Service operates as a direct merchant acquirer and indirect payment processor in the Russian Federation. It engages in issuing and acquiring plastic cards of international payment systems, as well as offers card database management, card personalization, and ATM processing services. The company was founded in 1992 and is based in Moscow, the Russian Federation. ZAO United Card Service operates as a subsidiary of Global Payments Acquisition Corporation 2 S.á.r.l.

10, Novocheryomushkinskaya street

Moscow,  117449


Founded in 1992


7 4959 56 48 06


7 4959 56 01 36

Key Executives for ZAO United Card Service

General Director
Compensation as of Fiscal Year 2017.

ZAO United Card Service Key Developments

Global Payments Reportedly Shelves Plans To Sell UCS

Global Payments Inc. (NYSE:GPN) shelved its plans to sell ZAO United Card Service (UCS) and will remain on the Russian market, Vedomosti reported June 30, 2017 citing market sources. Global Payments reportedly was not able to agree on a price with potential buyers and decided to keep UCS, as it did not want to sell it below the value of its initial investments into the subsidiary.

Global Payments Expects To Sell UCS

Global Payments Inc. (NYSE:GPN) is reportedly looking to sell its stake in ZAO United Card Service (UCS). The company has hired The Goldman Sachs Group, Inc. to find buyers for UCS. The newspaper Kommersant reports that potential buyers include Kartstandart, ZAO PTC KartStandart and Qiwi plc (NasdaqGS:QIWI).

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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