SHVA - The payments arena is the national switch system for Debit and Credit Cards in Israel, processing millions of transactions daily by connecting all acquires, issuers, banks, international schemas, and hundreds of thousands of businesses. Listed on the stock exchange since June 2019, it operates as a public company without any controlling interest. The company leads in financial technology, managing advanced solutions based on computing systems and functional continuity capabilities. Its vision is to be a leading, efficient, stable, innovative, and expanding technological foundation for the entire financial market in Israel. SHVA - The payments arena maintains continuous, multi-directional communication between businesses, card clearers, and issuers, facilitating the approval and collection of all transactions in Israel through debit and credit cards.
SHVA - The payments arena also manages and operates clearing interfaces and the ATM switching system in Israel, working with distributors and manufacturers, and providing services to businesses. It operates the certifications switch on ATM devices deployed throughout Israel, serving as a central hub and national infrastructure for credit card clearing, collaborating with all credit card companies, both clearers and issuers.
Founded in 1978, SHVA - The payments arena has been a cornerstone in the Israeli financial market, providing essential services for the country's payment infrastructure. The company's commitment to technological innovation and operational excellence has positioned it as a key player in the financial sector, ensuring the smooth and secure processing of card transactions across the nation.
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| Ownership Public Company |
B2B professionals should contact SHVA - The payments arena for its robust payment processing infrastructure, technological innovation, and extensive network in the Israeli financial market. The company offers opportunities for partnerships, vendor collaborations, and access to a wide range of financial institutions and businesses.
Sales teams selling financial technology solutions, recruiters seeking roles in payment processing and financial infrastructure, and partners offering advanced computing and continuity capabilities should reach out to SHVA - The payments arena.
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Last verified: February 2, 2026
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