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Natixis Payments uses nexo standards to support merchants in the new European payment landscape
Natixis Payments has opted for the free, universally applicable international payment acceptance standards from nexo standards, which ensure card payment and mobile payment interoperability, for both traditional card and contactless transactions.
These standards have now been included in the acceptance platform used by Carrefour, a global leader and the reference in food retail. Meanwhile, nexo standards also enable Natixis Payments to more easily and swiftly design new innovative services, as an in-flight mobile device/tablet payment service for airlines.
“This move confirms Natixis Payments’ position as a key player in designing the new European payment services landscape for merchants, as we seek to support them in addressing the challenges of today’s world i.e. productivity gains, data access, international expansion and improved service quality for both merchants and consumers” explains Jean-Luc Thérond, deputy CEO of Natixis Payments and member of the nexo standards board.
Natixis Payments is a Principal member of the nexo standards association and plays an active role in adopting and implementing these international standards.
For more information, visit www.nexostandards.org | Twitter | LinkedIn
Natixis Payments brings together all Groupe BPCE’s expertise in payments, with the aim of building better payments every day. Natixis Payments is a major player in processing for financial institutions, digital payments for consumers, and issuing and acceptance solutions for merchants.
In addition to card payment and SEPA solutions, the company’s range includes third-party payment services and omni- channel acceptance solutions provided by Payplug and Dalenys in France and across Europe. Natixis Payments also offers a range of service vouchers (Chèque de table/Apetiz, Cesu Domalin, Cado Chèque/Cado Carte), the online money pot Le Pot Commun, the E-Cotiz membership subscriptions online management system, the Depopass online peer-to-peer high value payment solution as well as Comiteo’s platform and market place dedicated to works councils.
nexo is an open, global association dedicated to removing the barriers present in today’s fragmented global card payment acceptance ecosystem. nexo has been the very first organisation to design and develop card payment messages based on ISO 20022. The delivery of universal standard and protocols messages ensure the interoperability of different equipment and payment systems, internationally. Headquartered in Brussels, its members represent the full spectrum of card payments stakeholders, including acceptors, processors, card schemes, payment service providers and vendors. nexo standards was established in 2014, when three historical contributors of card payment standards and specifications were merged: EPASOrg, the OSCar consortium and the CIR SEPA-Fast technical working group.
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About Natixis
Natixis is a French multinational financial services firm specialized in asset & wealth management, corporate & investment banking, insurance and payments. A subsidiary of Groupe BPCE, the second-largest banking group in France through its two retail banking networks, Banque Populaire and Caisse d’Epargne, Natixis counts nearly 16,000 employees across 38 countries. Its clients include corporations, financial institutions, sovereign and supranational organizations, as well as the customers of Groupe BPCE’s networks. Listed on the Paris stock exchange, Natixis has a solid financial base with a CET1 capital under Basel 3(1) of €11.2 billion, a Basel 3 CET1 Ratio(1) of 11.3% and quality long-term ratings (Standard & Poor’s: A+ / Moody’s: A1 / Fitch Ratings: A+).
(1) Based on CRR-CRD4 rules as reported on June 26, 2013, including the Danish compromise - without phase-in
Figures as at 31 December 2019.
