Gerlionti selects Nets Estonia to boost development of new digital payment system

By Megha Bhattacharya

Luxembourg-based Gerlionti has selected Nets Estonia for supporting the development of its new digital payment system GerliPay. GerliPay is Gerlionti’s fully-digital payment solution for startups, SMEs and large corporates, designed to provide seamless, flexible and customer-centric financial services. The platform will enable remote onboarding, business payment cards and salary payouts, multi-currencies, direct debits and more.

Henrik Anker Jørgensen, CEO at Nets Estonia, said, “We are excited to support Gerlionti Group on its ambitious European growth journey and look forward to collaborating on a new digital payment service together. The last year has seen adoption of digital payments surge across Europe and as cashless experiences increase, new services – such as those provided by GerliPay – can expect to see a rise in demand from businesses and consumers across the continent.”

According to Nets Estonia, the collaboration will equip Gerlionti with a modular-based card management solution, alongside its scalable processing services, enabling GerliPay to offer frictionless payments and instant issuing. GerliPay will be accessible to European markets both online and via mobile apps from summer 2021.

Kristaps Bergs, Board Member at Gerlionti S.A., added, “It’s a great opportunity to partner with the leading payment card management service provider to handle all of our payment card transactions and associated risk management. This collaboration with Nets brings us a step closer to our goal of launching our GerliPay product for customers.”

Recently, Lithuanian online payment service provider Cardinity announced that it has selected Nets for providing international acquirer processing, and fraud and dispute services. Cardinity offers payment services to merchants across Europe and aims to leverage the collaboration with Nets to expand its international footprint.