NETS - News, Articles & Research

Company announcement/payments

Nets Group completes acquisition of e-commerce provider Checkout Finland

Nets Group's Finnish e-commerce specialist Paytrail has completed the acquisition of Checkout Finland Oy, one of the leading payment service providers in Finland.

30 April 2021

News/crypto

Nets and Salamantex bring cryptocurrencies to shop terminals in Austria

Nordic payments processor Nets is working with cryptocurrency specialist Salamantex to enable acceptance of bitcoin, Ether and XRP at points-of-sale tills in Austria.

31 March 2021

Company announcement/startups

Fintech challenger, GerliPay, selects Nets for multinational digital payments

Gerlionti S.A., a company in Luxembourg, currently in the process of obtaining an Electronic Money Institution (EMI) licence under the GerliPay trademark, has selected Nets Estonia to support the development of its new digital payment system, GerliPay.

23 March 2021

Company announcement/payments

Cardinity selects Nets to boost international growth

Cardinity, a fast-growing Lithuanian online payment service provider, has chosen Nets to provide international acquirer processing, and fraud and dispute services.

18 March 2021

Company announcement/payments

EU unconditionally approves Nexi/Nets merger

Nexi hereby announces that today the European Commission granted the clearance to the proposed merger between Nets and Nexi.

09 March 2021

Company announcement/payments

Nets Group completes the $2.85 billion sale of account-to-account services business to Mastercard

The Nets Group, a leading payment provider in Europe, today announces the completion of the sale of its account-to-account based services, including clearing, instant payment services, and e-billing solutions, to Mastercard for €2.85 billion.

05 March 2021

Company announcement/payments

Nets integrates PayPal into e-commerce checkouts

European payment services provider Nets now offers PayPal as a payment option for its merchants in the Nordics.

25 February 2021

Finextra TV/predictions

Adoption, piloting & the technology underpinning 2021's top trends

Paul Francis Walvik-Joynt, SVP Payments International, Nets gives FinextraTV his predictions for the year ahead, where we will see concrete adoption and piloting, and the technologies that underpin this evolution. We learn about what companies need to prioritise post-pandemic, the social responsibility companies must commit to, and how sustainability has been put high up on the 2021 agenda.

12 February 2021

News/payments

Nets' subsidiary Paytrail to acquire Checkout Finland

Nets Group's Finnish online payment subsidiary Paytrail is to acquire fellow e-commerce specialist Checkout Finland from OP Financial.

05 January 2021

Company announcement/payments

Nets joins forces with Open Banking player Fabrick

Fabrick, the Open Banking platform and ecosystem, and Nets, a leading provider of payment solutions and Instant Payments processing, have come together to launch a strategic partnership for creating products, services and new ecosystem business opportunities in the Instant Payments space.

08 December 2020

Company announcement/payments

Yoba Smart Money picks Nets to support new SME payments software

The Luxembourg-based technology company Yoba Smart Money has chosen Nets, a leading European payment services provider, as its partner to offer a new payment and liquidity solution for Small and Medium-sized Enterprises (SMEs).

26 November 2020

News/payments

Nets and Worldline take stakes in bank-backed rival to Visa and Mastercard

Worldline and Nets have become shareholders in the European Payments Initiative, a bank-backed joint venture that aims to build a rival to Mastercard and Visa.

25 November 2020