Nexi Greece gives a vote of confidence to the PayTech sector in Greece

Nexi Greece Highlights Its Position in the Digital Payments Sector, Showcasing Emerging Opportunities

Athens, March 12, 2024 – Nexi Greece, a subsidiary of the Nexi Group, Europe’s leading PayTech company, presented its position in the sector and highlighted emerging opportunities during a press event on March 13, titled “Payments and More: Unveiling New Opportunities.” In a rapidly evolving environment that encourages the adoption of digital payments by businesses and consumers, CEO Eugenio Tornaghi and Commercial Director Nikos Papadoglou showcased the Group’s footprint across Europe and outlined its strategic growth plans in Greece.

Committed to its vision of a cashless Europe, Nexi successfully drives innovation in the sector by simplifying transactions securely and empowering people and businesses to grow.

At the European level, Nexi Group operates in more than 25 countries and maintains a leading position in acquiring, serving 2.2 million merchants, in card management with 170 million cards, and with annual investments in technology and innovation reaching €500 million.

Nexi Greece, with over 20 years of presence in digital payments, operates locally through Nexi Processing and Nexi Payments. As a technology provider, Nexi Processing delivers cutting-edge digital infrastructure and services to financial institutions, top corporations, and public entities in issuing and acquiring. Nexi Processing manages payments in Greece and the wider region every second of every day for approximately 400,000 merchants, multiple card issuers, and millions of consumers, covering around 60% of the card issuing market in collaboration with six of the ten banks in Greece.

Nexi Payments, a joint venture between Alpha Bank and Nexi since 2022, serves HORECA, SMEs, tourism businesses, and freelancers, offering innovative and user-friendly payment acceptance solutions. With the largest merchant network in Greece, Nexi Payments provides payment solutions to approximately 25% of merchants nationwide, supporting around 140,000 clients, over 270,000 POS terminals, and 19,000 eCommerce customers.

Eugenio Tornaghi stated:
"The Nexi Group grows successfully by managing an international and diversified client base, prioritizing digital payments with a strong technological DNA. In a dynamic market like Greece, our investment in the country is a clear strategic choice. We maintain a strong commitment to a stable and meaningful presence and continuous growth, aiming to create ongoing value for consumers, clients, and partners."

Nikos Papadoglou added:
"In an industry marked by rapid developments, numerous challenges, and great opportunities, Nexi Greece maintains its long-term strategic partnership with Alpha Bank to advance digital payments. By optimizing efficiency and leveraging technological advancements, we deliver superior customer experiences through innovative solutions, meeting client needs, maintaining trust, and staying competitive and market-leading. With a significant share in critical sectors such as tourism, we will continue investing in growth and in other key areas of the Greek economy."

About Nexi

Nexi is a European PayTech company operating in high-growth and technologically advanced European markets. Listed on the MTA segment of the Borsa Italiana, Nexi has the scale, geographic reach, and capabilities to drive the transition to a cashless Europe. With a portfolio of innovative products, e-commerce expertise, and sector-specific solutions, Nexi provides flexible support for the digital economy and the global payments ecosystem across multiple channels and payment methods.

Nexi’s technology platform, combined with top-tier professional expertise, allows the company to operate effectively in three market segments: Merchant Services & Solutions, Cards & Digital Payments, and Digital Banking & Corporate Solutions. Nexi continuously invests in technology and innovation, focusing on two core principles: meeting customer needs in collaboration with partner banks and creating new business opportunities. Nexi is committed to supporting people and businesses of all sizes, transforming the way people pay and businesses accept payments. By offering the most innovative and reliable solutions, simplifying payments, and enabling closer relationships and growth, Nexi drives progress for the benefit of all.

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