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LHV Bank, Nets extends their partnership in Estonia, add issuing services in UK

Thursday 12 August 2021 12:17 CET | News

LHV Bank and payment services provider Nets have extended their partnership in Estonia, while adding new issuing services for LHV’s British subsidiary, LHV UK Limited.

Via this extended partnership, Nets will continue to deliver full acquiring services for LHV in Estonia, including terminal rental, payment authorisations and clearing, ecommerce capabilities, dispute management and fraud prevention. 

In the UK, Nets will support LHV with issuing services including CMS systems, issuer processing, tokenization services, fraud prevention with AI, dispute and chargeback services, customer service, and cards personalisation.

The long-term agreement has already entered into force.


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Keywords: partnership, ecommerce, fraud prevention, tokenization
Categories: Banking & Fintech
Companies:
Countries: Estonia, United Kingdom
This article is part of category

Banking & Fintech






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