Nexi partners with Microsoft to digitise the European payments space

By Leandra Monteiro

Nexi announces a strategic collaboration with Microsoft aimed at innovating digital payments solutions and helping digitalisation of SMEs, Corporates, Public Administrations and Financial Institutions across multiple European markets through vertical value-added solutions to respond to specific needs as easy to adopt one-stop-to-digital packages for small businesses, secure scalable payment cloud based infrastructures for public entities to serve citizens, for corporates to optimise payment and cash operations and for financial companies to leverage new digital native scenarios for their customers.

As a result of the agreement, Nexi has been selected as one of its main digital payment providers for e-commerce acceptance in Italy, Denmark, Sweden and Norway. Nexi and Microsoft will collaborate to embed Nexi payments solutions with Microsoft Cloud services and solutions.

“Digital payment innovation enables simpler, more frictionless experiences for customers — benefitting financial institutions, companies and consumers. Nexi will leverage the Microsoft secure cloud infrastructure and partner ecosystem to extend its digital payment solutions to European markets. In addition to the benefits this will bring to end users, I see the potential for this expansion to fuel innovation in the broader industry, creating new opportunities for ISVs and startups. Microsoft will also benefit from the Nexi capabilities and solutions for our own e-commerce in several European markets,” said Ralph Haupter, President Microsoft EMEA.

Nexi will leverage Microsoft Azure Cloud solutions to accelerate the transformation of its own platforms and to bring further innovation agility into the IT Infrastructure, leveraging the Data Center Modernization and Consolidation scenarios.

Both companies are willing to closely collaborate on driving wide market adoption of joint solutions and to co-create new products that leverage respective areas of expertise.

“The strategic partnership with Microsoft demonstrates the power of combining deeply local payments expertise with European scale,” said Paolo Bertoluzzo, CEO of Nexi Group. “We are proud to help a global player such as Microsoft to increase local reach in strategic markets with our digital payment solutions. It is a concrete proof of our unique ability to bring together European scale, best-in-class solutions and deep local expertise. We expect our joint investment in this partnership will accelerate the digitization of payments in Europe and our own cloud transformation, but more importantly, together we will enable innovative solutions, increased agility and superior efficiency for SMEs, Corporates, Public Administration and Financial Institutions. Furthermore, it will allow Nexi to accelerate the integration of payment capabilities into software platforms to become the “preferred payment partner” for ISVs, also leveraging Azure capabilities”.