Igoria Trade selects Nets Group to boost risk management offering

By Megha Bhattacharya

Poland-based payment institution Igoria Trade S.A. has chosen payment services provider, Nets Group, to deliver its risk management solution, enhancing security for business and individual cardholders. The partnership further expands Nets’ growing presence in Poland, following the Group’s acquisition of local payment services provider Polskie ePłatności (PeP) in 2020.

“We are excited to cooperate with Nets as it continues to invest in the region,” said Wojciech Kulinski, CEO of Igoria Trade. “Besides providing competitive pricing, Nets has provided a tailor-made solution that will fit our customers’ needs, with the possibility of expanding our close cooperation in the future. We believe this partnership will deliver the most advanced security features to clients of IgoriaCard multicurrency cards, ultimately benefitting merchants and consumers across the continent.”

The new solution in partnership with Nets will provide the most advanced payment security products and services for Igoria Trade’s payment products, including multicurrency card payments, money transfers and escrow accounts, and will enable secure online shopping experiences for Igoria’s customers.

Gordana Breyer, Head of Sales, Nets (Central Eastern Europe), added, “We are pleased to welcome our first Polish customer to the Nets issuing business. We look forward to applying our extensive digital expertise from the Nordics to offer our modern, flexible and secure card solutions for Igoria’s customers across Europe.”

Recently, Nets teamed up with Frankfurt-based Degussa Bank in a bid to develop a modern consumer credit card offering in Germany. Nets will provide services to Degussa that include a comprehensive card management solution –Apple Pay and Google Pay integrations, virtual cards and more – all backed by Nets‘ processing services. The agreement also includes German-language contact centre services, providing 24/7 voice support to handle complex enquiries as more customers go digital.