illimity bank partners with Nexi to aid Italian SMEs

By Gloria Methri

European PayTech Nexi and illimity bank have entered a partnership to support SMEs in Italy. Nexi has offered its payment solutions on b-ilty, which is illimity’s digital store of financial and credit services for small and medium-size enterprises.

Italian SMEs will now be able to rent or purchase Nexi’s collection products and services by accessing the b-ilty platform. This will allow them to accept a range of payment options in a swift and secure manner.

Through the b-ilty portal, customers can connect with tailor-made offerings designed to support their needs through Nexi’s technology. SMEs can also sign digital contracts without the need to visit the bank branch, enhancing the user experience.

Carlo Panella, Head of Direct Banking at illimity, said, “The partnership with Nexi allows us to further expand the b-ilty offering by making available, once again, a simple solution that provides real support to businesses.”

“b-ilty was, indeed, created to simplify SMEs’ activities – the constant evolution of the offering will therefore continue along this path to keep ahead of the ever-changing and diverse needs of businesses.”

The range of products made available by Nexi on the b-ilty digital platform will further create a unique offering dedicated to SMEs to support them in a market, which is battered by the current economic downturn.

24/7 technical support

Nexi will also provide a POS terminal and technical support for digital payments to customers of both companies, along with a personal Relationship Manager that b-ilty customers can connect with 24/7.

“The penetration of digital payments is growing significantly throughout Europe, including in Italy where they now account for about one-third of all payments and are steadily gaining momentum,” said Giulio Vasconi, Head of Marketing Merchant Services and Solutions in Nexi.

“The partnership with illimity allows us to take another fundamental step towards the spread of digital collection solutions capable of tapping into the needs of SMEs and guaranteeing them tangible advantages in terms of efficiency, speed, reliability, increased business, as well as compliance with the latest regulatory requirements.”