There European Central Bank (ECB) has chosen Nexithe leading paytech in Europe, to develop a prototype front-end solution for payments with digital euro. After having accepted the call for expressions of interest launched in April by the ECB as part of the analysis phase relating to the digital euro, Nexi was chosen as one of the five companies – among the 54 who responded – who will provide prototypes of front-end solutions to test different use cases in payments.

In the coming months a dedicated and multidisciplinary working group of Nexi experts will work closely with the project team for the digital euro of the European Central Bank to study a front-end technical solution for payments with digital euro at physical stores, making available the high technological profile, the solid background and the distinctive experience of Nexi in the sector of services for accepting payments.

Nexi was involved in different working groups at European level since the beginning of the analysis phase by the ECB, with the aim of supporting its initiatives aimed at designing an efficient, inclusive and sustainable digital euro capable of being complementary to current payment systems.

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As the largest player in Europe in the digital payments sector with approx 300 million euros of investments in technology and innovationNexi is able to support the European Central Bank’s project fordigital euro which could foster financial innovation and improve the overall efficiency of the retail payment system. “We are proud to have been chosen to support the ECB in such a strategic project for Europe – declared Roberto Catanzaro, chief strategy & transformation officer of the Nexi group and member of the Digital Euro Market Advisory Group –. We intend to offer the best of Nexi’s know-how in the digital payments sector and, specifically, merchant solutions to drive innovation in the European payments landscape “.

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