Italy picks KPMG to value digital payment platform PagoPA, sources say
By Giuseppe Fonte and Valentina Za
ROME, July 1 (Reuters) -Italy's Treasury has picked accounting firm KPMG to put a price tag on PagoPA, a company handling digital payments to the public administration, as it prepares to sell the business to the state mint and postal service Poste Italiane PST.MI, people close to the matter said.
The prospect of PagoPA changing hands, though it would remain under state-controlled entities, has spread alarm in Italy's crowded banking sector, where many small lenders are struggling to keep up with rapid changes in the payments sector.
Banks look with concern at the increasing presence of non-bank digital payment providers such as Apple AAPL.O, Google-owner Alphabet GOOGL.O or PayPal PYPL.O, and fear that Poste could use PagoPA to strengthen its position in the digital payments market.
The appointment of KPMG is however a key step in a project that will see Poste becoming a minority shareholder in PagoPA, the sources said, asking not to be named due to the sensitivity of the matter.
All involved parties declined to comment or were not available for comment.
Poste is a financial conglomerate that has expanded beyond its core business into payments, mobile phone services and energy supply, as well as insurance and investment products.
PagoPA, which works with banks allowing lenders to give their clients access to its services through online banking, this year handled payments towards Italy's public administration worth 46.66 billion euros ($50 billion).
The payment firm is also set to play a leading role in Italian government efforts to set up IT Wallet, a digital wallet where Italians will be able to store both official documents, including proof of their digital identity to access public services online, but also payments.
To address competition concerns, the government-backed project prevents Poste from signing off on governance agreements that would allow it to exercise a dominant influence over PagoPa, in which the state mint will be the majority shareholder.
($1 = 0.9290 euros)
Editing by David Holmes
Aloqador aktivlar
Eng oxirgi yangiliklar
Javobgarlikdan voz kechish: XM Group korxonalari har biri faqat ijro xizmatlarini koʻrsatadi va onlayn savdo platformamizdan foydalanish huquqini beradi, bu odamga veb-saytda yoki veb-sayt orqali mavjud boʻlgan kontentni koʻrish va/yoki undan foydalanishga ruxsat beradi hamda uni oʻzgartirishga moʻljallanmagan va uni oʻzgartirmaydi yoki kengaytirmaydi. Bunday kirish va foydalanish huquqi doimo quyidagilarga boʻysunadi: (i) Shartlar va qoidalar; (ii) Risklar haqida ogohlantirish; va (iii) Javobgarlikni toʻliq rad etish. Shuning uchun bunday kontent umumiy maʼlumot sifatida taqdim etiladi. Xususan, shuni esda tutingki, bizning onlayn savdo platformamiz mazmuni moliyaviy bozorlarda biror bitimni amalga oshirishga oid maslahat yoki taklif emas. Har qanday moliyaviy bozorda savdo qilish sizning kapitalingiz uchun jiddiy risk darajasini oʻz ichiga oladi.
Onlayn savdo platformamizda chop etilgan barcha materiallar faqat taʼlim/axborot maqsadlari uchun moʻljallangan va unda moliyaviy, investitsiya soligʻi yoki savdo maslahatlari va tavsiyalar; yoki bizning savdo narxlarimizning qaydlari; yoki har qanday moliyaviy vositalar bilan bitim tuzish maslahati yoki taklifi; yoki sizga kerak boʻlmagan moliyaviy reklama aksiyalari hisoblanmaydi
Har qanday uchinchi tomon kontenti, shuningdek XM tomonidan tayyorlangan kontent, masalan: fikrlar, yangiliklar, tadqiqotlar, tahlillar, narxlar va boshqa maʼlumotlar yoki bu veb-saytda joylashgan uchinchi tomon saytlariga havolalar umumiy bozor sharhi sifatida "boricha" taqdim etiladi va investitsiya maslahatini tashkil etmaydi. Har qanday kontent investitsiya tadqiqoti sifatida talqin qilinsa, siz bunday kontentni investitsiya tadqiqotlarining mustaqilligini ragʻbatlantirish uchun moʻljallangan qonun talablariga muvofiq moʻljallanmagan va tayyorlanmaganligini eʼtiborga olishingiz va qabul qilishingiz kerak, shuning uchun unga tegishli qonunlar va qoidalarga muvofiq marketing kommunikatsiyasi sifatida qaraladi. Mustaqil boʻlmagan investitsiya tadqiqoti va yuqoridagi maʼlumotlarga oid risk haqida ogohlantirishimizni oʻqib chiqqaningizga va tushunganingizga ishonch hosil qiling, unga bu yerdan kirish mumkin.
