European Association to foster collaboration in mobile payments is growing

Zurich, 10.09.2020

Bosnia & Herzegovina’s “BAMCARD” join the European Mobile Payment Systems Association (EMPSA)

EMPSA is pleased to welcome Bosnia & Herzegovina’s mobile payment system “KVIKO” as a new member. EMPSA now consists of twelve members with approx. 50m users.

The year 2020 is a very important year for mobile payments in Europe, with EMSPA playing a key role to foster collaboration and international payment and build up a competitive interoperable European framework. BAMCARD decided to join and support this project.

Anton Stadelmann Chairman of EMPSA says: „We are very pleased in welcoming BAMCARD to EMPSA. Having a strong and innovative partner in the South-eastern part of Europe fosters our association’s goal to offer interoperability to customers in even more regions of Europe. We are looking forward to work closely together based on our mutual goal and cooperation.”

Bamcard is a joint stock company located in Sarajevo, Bosnia-Herzegovina, that was established in 1999 as a local clearing house and payment service provider for Bamcard, Visa and Mastercard cards. Since 2017 Bamcard operates a Mobile Payment System called „KVIKO“ which is used by three banks that have clients and branches throughout Bosnia and Herzegovina. KVIKO is used for different use cases such as KVIKO Cash – cardless withdrawal of money at ATMs; KVIKO instant – P2P interbank transactions; KVIKO topup – all GSM operators  and OLX vauchers in Bosnia and Herzegovina. KVIKO PAY, which is a QR code based payment solution, is currently being implemented. As it adaptable to be static as well as dynamic, it meets the needs and wishes of merchants in Bosnia-Herzegovina.

We want our citizens to be able to pay with their local mobile app KVIKO anywhere in Europe. United under EMPSA european mobile payment systems are for the first time collaborating to enable interoperable cross-border payments. For that reason, we at Bamcard are delighted to be part of this historical initiative in the european payment industry“ says Alma Ahmic, CEO of BAMCARD.

 The headquarters of the EMPSA are located in Zurich, Switzerland. The association is chaired by Anton Stadelmann, Deputy CEO and CCO of TWINT and vice-chaired by Joseph Hajj, Chief Strategy Officer of Swish.

The association aims to generally foster collaboration and to enable the use of the domestic mobile payments systems internationally. To underscore the importance of interoperability EMPSA has already set up a working group to establish joint system interoperability. This working group is co-chaired by Bjørn Skjelbred from VIPPS and Christian Pirkner of Bluecode.

Media contact for EMPSA:

Name: Victor Schmid, +41 79 350 05 37,


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Under the name „European Mobile Payment Systems Association“ (EMPSA) an association exists that is governed by its articles of association, any regulations promulgated herunder and by Articles 60 ff. of the Swiss Civil Code.

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