Nexi Group has been chosen as the future provider of payment solutions by international home retailer, JYSK, in five additional countries (Austria, Germany, Switzerland, France and Italy).
This is the first European-wide collaborative agreement across the Nexi and Nets footprint, extending the partnership with JYSK to cover 14 European countries in total. Together, Nexi Group will provide a streamlined and scalable terminal and acquiring solution covering both online and in-store payments.
The payments industry is becoming increasingly globalised, but payment preferences and behaviours still differ from country to country. For a retailer like JYSK, that is consistently expanding its business – adding more than 150 new stores a year just in Europe – it is important that its customers can pay with their preferred payment method, including domestic schemes.
“We wanted a payments provider which enables us to accept payments from both the major international payment schemes like Visa and Mastercard, as well as domestic payment card schemes in the countries we operate, making payment as easy as possible for our customers. The Nexi Group can support our needs across different markets, and we look forward to benefiting from the synergies of having one common partner to serve us across 14 countries,” says Preben Bonde Larsen, Payment Solutions Manager at JYSK.
In addition to a unified payment solution set-up, JYSK will benefit from joint reconciliation and the broad array of payment schemes that Nexi Group supports. Attaining this first combined international customer win for Nets and Nexi since merging in July 2021 reflects the group’s ability to offer European-wide payment acceptance.
“With this agreement, we leverage our local presence and extended European reach, building on the combined and strengthened value proposition we can now offer. Together with our colleagues at Nexi, we look forward to supporting the further expansion of JYSK and its customers,” says Robert Hoffmann, CEO of Merchant Services at Nets.