Articles with tag like: Nets

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Nets Group enables crypto acceptance at shop tills in Austria

News | Cryptocurrencies | 31 Mar 2021

Nets Group, a large European payment services provider, has teamed up with Salamantex to bring acceptance of digital currencies such as Bitcoin, Ether, and Ripple to in-store points-of-sale in Austria.

cryptocurrency, partnership, Nets, Bitcoin, Ethereum, merchants, payment processing

Gerlionti selects Nets to develop its digital payment system

News | Online Payments | 23 Mar 2021

Gerlionti, a Luxembourg-based payments company, has selected Nets Estonia to support the development of its digital payment system, GerliPay.

fintech, digital payments, startup, SMEs, digital onboarding, Nets

Cardinity chooses Nets to expand across the globe

News | Online Payments | 19 Mar 2021

Cardinity, a Lithuania-based online payment service provider, has selected Nets to provide international acquirer processing, and fraud and dispute services.

partnership, Nets, payment gateway, Acquirer, merchants

Mastercard completes acquisition of Nets' account-to-account payment business

News | Payments General | 05 Mar 2021

Mastercard has completed its acquisition of the majority of the Corporate Services business of Nets, having met the conditions set out by the European Commission in its approval in August 2019.

Mastercard, Nets, acquisition, account-to-account payment, instant payments

Nets integrates PayPal into ecommerce checkouts

News | Online Payments | 25 Feb 2021

Europe-based payment services provider Nets has integrated PayPal as a payment option for its merchants in the Nordics. 

Nets, PayPal, ecommerce, merchants, online payments

Nets to acquire Checkout Finland

News | Online Payments | 05 Jan 2021

Nets has announced the acquisition of Checkout Finland via Finnish online payment pioneer Paytrail, which is part of Nets Group.

Nets, acquisition, M&A, Checkout Finland, Paytrail, Nets Group, ecommerce, mobile payments, merchant acquiring, Nexi

Consolidation in payments – upsides, downsides, challenges

Voice of the Industry | Online Payments | 09 Dec 2020

Marco Fava, Managing Director at CleverAdvice, makes a nuanced and detailed account of two of the most notable M&A stories of 2020 in the payments industry: Nexi-SIA and Worldline-Ingenico

Marco Fava, CleverAdvice, Nexi, SIA, Nets, Worldline, Ingenico, payments, online payments, mergers and acquisitions, merger, acquisition, Nexi Payments, Europe, Italy, France, Nordics, payments service provider, PSP, ATM management solutions, European Automated Clearing House Association, TARGET2, RTGS, Nexi SIA, Worldline Ingenico

Fabrick, Nets partner to bring instant payments to life

News | Online Payments | 08 Dec 2020

Italy-based company Fabrick has partnered with Nets to launch a strategic partnership for creating products, services, and new ecosystem business opportunities in the instant payments space.

Fabrick, Nets, business partnership, instant payments, Bankart, digital wallet, fintech, online payments, Open Banking

Yoba Smart Money partners with Nets for its new SMEs payment solution

News | Online Payments | 26 Nov 2020

Luxembourg-based technology company Yoba Smart Money has chosen Nets as its partner to offer a new payment and liquidity solution for SMEs.

Yoba Smart Money, Nets, business partnership, payment and liquidity solution, SMEs, credit cards, debit cards, online payments, Luxembourg

Worldline and Nets join the European Payments Initiative

News | Online Payments | 25 Nov 2020

Worldline and Nets have joined the European Payments Initiative (EPI), becoming shareholders of the EPI Interim Company.

Worldline, Nets, European Payments Initiative, EPI, digital wallet, mobile payments, P2P, instant payment, SEPA Instant Credit Transfer, SCT Inst

Next-gen core banking platform Modularbank teams up with payment company Nets

News | Payments General | 24 Nov 2020

Modularbank, an Estonia-based next-generation core banking platform, has teamed up with Nets Estonia.

Modularbank, cards, Issuer, Nets, Estonia, core banking platform, partnership, payment processor

Nexi and Nets in talks for USD 10 bln merger

News | Payments General | 02 Nov 2020

Italy-based payments group Nexi has announced exclusive talks to agree a merger with Denmark-based rival Nets, in a potential deal worth nearly USD 10 billion, according to Reuters.

Nexi, Nets, merger, Italy, Denmark, SIA, digital payments, payments, Europe

Wirecard to cease payment services in Singapore, MAS directive

News | Online Payments | 02 Oct 2020

The Monetary Authority of Singapore (MAS) has directed Wirecard entities to cease their payment services in Singapore, according to straitstimes.com.

MAS, Wirecard, payment services, Singapore, payment services, Monetary Authority of Singapore, customer funds, Germany, digital payments, bankruptcy, bank accounts, Phillipines, APAC, Asia Pacific, Pasir Panjang, Wirecard SG, merchants, e-payments, Nets, PayNow, SGQR, pre-paid cards, credit cards, card payments

NETS, Singtel team up for cross-border digital payment services

News | Payments General | 24 Aug 2020

Network for Electronic Transfers (NETS) has selected Singtel’s ConnectPlus Managed Network and Amazon Web Services’ (AWS’) cloud computing platform to support the development and delivery of its digital cross-border payment services.

Network for Electronic Transfers, Nets, Singtel, cloud, payments, digital transactions, ConnectPlus Managed Network, cross-border payments, Singapore, Amazon Web Services, merchants, e-wallets

European Commission gives conditional approval to Mastercard's acquisition of Nets

News | Payments General | 19 Aug 2020

European Commission (EC) has given conditional approval to Mastercard for the acquisition of Nets, the Denmark-based payment solutions provider. 

European Commission, MasterCard, Nets, EC, Denmark, payments, European Economic Area, EEA, account-to-account, A2A CIS, technology

EDPIA welcomes SIA as a new member

News | Online Payments | 04 Aug 2020

The European Digital Payments Industry Alliance (EDPIA) announced that SIA, a European hi-tech company in payment services and infrastructures, has joined the Alliance.

European Digital Payments Industry Alliance, EDPIA, SIA, payments, Ingenico Group, Nets, Nexi, Wordline, digital payments, Europe

Nets rolls out new passport reader for remote identification

News | Digital Identity, Security & Online Fraud | 05 Jun 2020

Nets, a European payments industry provider, has launched a new way to identify customers securely from a distance.

eID, remote identitfication, digital identity, Nets, Norway, KYC, identity verification, product launch

Payments specialists launch European Digital Payments Industry Alliance

News | Payments General | 07 May 2020

Ingenico Group, Nets, Nexi, and Worldline have announced the launch of an EU advocacy alliance bringing together Europe’s independent payment services providers.

payments, European Digital Payments Industry Alliance, Ingenico Group, Nets, Nexi, Worldline, Europe

Pandemic accelerates contactless payment adoption in the Nordics, Nets says

News | Mobile Payments | 06 May 2020

US-based payments processor Nets has released transaction data showing that contactless payments in the Nordics increases by an unprecedented 12 percentage points.

Nets, Nordics, Denmark, Finland, Norway, Sweden, contactless payments, mobile payments, card payments, Europe

Nets, KPMG reveal whitepaper that explores AI and ML advantages in card fraud prevention

News | Digital Identity, Security & Online Fraud | 23 Apr 2020

Nets has announced the release of a new whitepaper created in collaboration with KPMG, dubbed ‘Fighting Fraud with a Model of Models’.

Nets, KPMG, AI, fraud prevention, ML, banks, merchants, cardholders, false positives, transactions , fraud