Csu Cardsystem S.A. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 13, 2020 at 03:27 am IST
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CSU Cardsystem S.A. Announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was BRL 111.615 million compared to BRL 104.395 million a year ago. Operating income was BRL 16.301 million compared to BRL 7.016 million a year ago. Net income was BRL 11.214 million compared to BRL 4.619 million a year ago. For the half year, sales was BRL 225.701 million compared to BRL 206.615 million a year ago. Operating income was BRL 31.575 million compared to BRL 15.018 million a year ago. Net income was BRL 20.527 million compared to BRL 9.133 million a year ago.
CSU Digital SA, formerly CSU CardSystem SA is a Brazil-based technology company for financial services, that provides digital solutions for payments, banking as a service, loyalty and incentive programs, as well digital experience. The Company is divided into two business units which work in an integrated fashion: CSU Pays and CSU DX. The CSU Pays unit encompasses solutions in payment methods, loyalty and incentives, and Banking as a Service, including card processing for issuers and acquirers in the credit, debit, digital and virtual modalities, the offer of digital wallets, instant payments (PIX) and cryptocurrencies, among others. The CSU DX focuses on the development of digital experience solutions for customer experience and financial processes management with high technological and digital density, directing efforts to projects with greater added value and complexity.
CSU DIGITAL S.A. 
