Olivetti partners with Nexi for digital payments

By Gloria Methri

European PayTech Nexi has signed an agreement to integrate its payment services with Olivetti’s cash register. Under the agreement, the two Italian firms will pool their expertise to enrich Olivetti’s cash register systems offering with Nexi’s digital payment solutions.

A commercial collaboration is also planned to distribute Nexi solutions through the Olivetti sales network, which has more than 300 business partners consisting of dealers and distributors and a countrywide presence.

The partnership between Olivetti and Nexi is expected to enhance the complementary nature of retail payments and cash register systems with the aim of accelerating the spread of electronic payments.

The new solutions will enable merchants to equip themselves with a cash register and a digital payment service, as well as improve day-to-day business management by benefiting from an integrated service for a secure and fast shopping experience.

Olivetti holds a significant share of the Italian cash register market and, with a comprehensive offering of digital payment solutions, it is consolidating its role as Digital Payment Provider for the TIM Group.

Nexi provides flexible support for the digital economy and the entire payment ecosystem globally, across a broad range of different payment channels and methods. Its technological platform and skills in the sector enable the company to operate in three market segments: Merchant Services & Solutions, Card, Olivetti, IoT Solutions & Digital Payments and Digital Banking & Corporate Solutions.