IBA GROUP

IBA GROUP was founded in 1993, in Minsk, Belarus as a joint venture between IBM and local IT organizations.[6] In 1999, the IBA CZ development center was launched in Prague, Czech Republic, and the IBA Development office in Limassol, Cyprus.[7] In 1999, IBM withdrew as a part owner of IBA, while remaining its major business partner.[8]

In 2005, the head office of IBA Group was opened in Prague.[9][10] In 2010, an office was opened in Astana.[11][12] In 2012, IBA Ukraine was opened in Kyiv,[13] and in 2013, IBA South Africa was established in Johannesburg.[14] In 2015, IBA Group opened offices in Bratislava, Slovakia,[15] and Ostrava, Czech Republic.[16] In 2017, IBA Group opened a development center in Bulgaria.[17] In 2022, representative offices were opened in Georgia,[18] Croatia,[19]  Lithuania,[20] and Serbia.[21]

IBA GROUP developed a series of mobile payment solutions together with VISA.[22] It developed a digital payment technology tapXphone which turns NFC-Android smartphone into a payment terminal. tapXphone was implemented in Ukraine,[23] Kazakhstan,[24] Moldova,[25] Slovakia, Latvia,[26] Azerbaijan,[27] Greece,[28] etc. In Ukraine, tapXphone cooperated with two largest banks — PrivatBank and Oshchadbank to create payment terminals.[29][30][31]