Nets news and trends

Danish FinTechs Plug Regional Firms Into Global Commercial Networks
Europe // August 16, 2022

The Nordic countries are often considered pioneers when it comes to digital innovation and payments. With some of the lowest cash usage in the world and a history of interbank collaboration of money transfers and digital infrastructure, countries like Norway have been trendsetters in everything...

EMEA Daily: Bank of Ghana Introduces GhanaPay Mobile Wallet
International // June 16, 2022

In today’s top stories from Europe, the Middle East and Africa (EMEA), the Bank of Ghana has introduced a brand new mobile wallet, GhanaPay. Plus, United Kingdom clothing brand Boohoo looks into charging fees for online returns, Qualcomm wins its appeal of a recent $1...

AnaCap Acquires EDIGard Invoice Arm From Nexi’s Nets
B2B Payments // June 15, 2022

AnaCap Financial Partners is acquiring EDIGard AS, the digital invoice distribution subsidiary of Nexi Group’s digital payments firm Nets, for undisclosed terms, according to a press release on Wednesday (June 15). Headquartered in Kristiansand, Norway, EDIGard is a standalone subsidiary of Nets Issuer & eSecurity...

Italian Payments Bank Nexi Acquires German POS Firm Orderbird
Acquisitions // May 12, 2022

Nets, the payments unit of the Italian bank Nexi, is acquiring a majority stake in Germany’s cloud-based point-of-sale firm (POS) platform orderbird. The tie-up will support orderbird’s integrated payment services for the hospitality industry and grow its international footprint, according to a press release on...

Interviews & Exclusives
Why Mastercard Acquired Nets

August 07, 2019
 Mastercard is making its largest acquisition to date with its $3.2 billion bid to buy the Denmark-based payments platform, Nets, furthering its European presence and moving well beyond credit and debit transactions. Paul Stoddart, Mastercard’s president of New Payment Platforms, tells Karen Webster that the bid also bolsters the payment network’s goal to provide services across multiple rails. Here’s the roadmap and why, he says, apps are the revenue engine fueling the trip.

Walmart’s Nimble Footed Sizzle, Digital Watches And Wall Street’s Watch Big Retail Fizzle

November 24, 2017
A 40 percent stock gain might be enough to garner a sizzle in any week, but Walmart has been firing on cylinders that extend well beyond earnings reports. When it...

Quick Reads
Klarna and Nets Team on BNPL for Nordic eCommerce Merchants

May 15, 2024
Buy now, pay later (BNPL) firm Klarna and payments service provider Nets partnered to bring more payment options to merchant clients in Sweden, Norway and Denmark. Through the collaboration, eCommerce merchants can offer their customers BNPL and installment payments without having to perform multiple technical integrations, according to a Wednesday (May 15) news release. “We strive to facilitate flexible, safe and convenient […]

AnaCap Acquires EDIGard Invoice Arm From Nexi’s Nets

June 15, 2022
AnaCap Financial Partners is acquiring EDIGard AS, the digital invoice distribution subsidiary of Nexi Group’s digital payments firm Nets, for undisclosed terms, according to a press release on Wednesday (June...

Italian Payments Bank Nexi Acquires German POS Firm Orderbird

May 12, 2022
Nets, the payments unit of the Italian bank Nexi, is acquiring a majority stake in Germany’s cloud-based point-of-sale firm (POS) platform orderbird. The tie-up will support orderbird’s integrated payment services...

Mastercard’s Ethoca Teams With European PSP Nets to Lower Chargebacks

December 06, 2021
European payment service provider (PSP) Nets is partnering with Ethoca, a Mastercard company, to help merchants and banks minimize chargebacks, lower consumer transaction confusion, and better share details of confirmed...