Sberbank is recognized as the leader of global acquiring

Sberbank has surpassed the American companies JPMorgan Chase and Worldpay in the ranking of the world's largest acquirers according to the analytical agency Nilson Report. By the end of 2023, the bank ranked second in the ranking, losing 1 percentage point to the world leader, JPMorgan Chase.

According to the Nilson Report, Sberbank accounts for 9.5% of the transactions of the world's 150 largest acquirers. The number of transactions of the Russian bank in 2024 exceeded 52 billion.

"Our leadership in the global ranking is the result of many years of investment in our own developments and infrastructure," commented Herman Gref, Head of Sberbank. The bank's fully domestic technology stack — from processing and terminal software to biometrics — confidently holds record transaction loads and provides the highest level of security, Gref noted.

He stressed that Russian fintech is experiencing record sanctions pressure. "And this motivates us to create our own unique solutions. In 2024, we were the first in the world to make mass biometric payments with a smile a reality, and this year we brought contactless payment using an iPhone back to Russia, calling this technology OUT LOUD," said the head of the bank.

Innovations make Sberbank's solutions the most in-demand among customers, Gref is convinced. He thanked the customers and partners for their trust. "together we are raising the bar for the global fintech industry," concluded the president of the bank.

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