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JYSK chooses Nexi Group as a payment provider in 14 countries

By Joy Dumasia

September 24, 2021

  • Austria
  • Europe
  • Germany
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Nexi Group has been chosen as the future provider of payment solutions by the international home retailer JYSK in five additional countries (Austria, Germany, Switzerland, France and Italy). This is the first European wide collaborative agreement across the Nexi and Nets footprint, extending the partnership with JYSK to cover 14 European countries in total.

The payments industry is becoming increasingly globalised, but payment preferences and behaviours still differ from country to country. For a retailer like JYSK, which is consistently expanding its business, adding more than 150 new stores a year just in Europe, it is essential that its customers can pay with their preferred payment method, including domestic schemes.

In addition to a unified payment solution set-up, JYSK will benefit from joint reconciliation and the broad array of payment schemes that Nexi Group supports. Attaining this first combined international customer win for Nets and Nexi since merging in July 2021 reflects the group’s ability to offer European wide payment acceptance.

Preben Bonde Larsen, Payment Solutions Manager at JYSK, said: “We wanted a payments provider which enables us to accept payments from both the major international payment schemes like Visa and Mastercard, as well as domestic payment card schemes in the countries we operate, making payment as easy as possible for our customers. The Nexi Group can support our needs across different markets, and we look forward to benefiting from the synergies of having one common partner to serve us across 14 countries.”

Robert Hoffmann, CEO of Merchant Services at Nets, said: “With this agreement, we leverage our local presence and extended European reach, building on the combined and strengthened value proposition we can now offer. Together with our colleagues at Nexi, we look forward to supporting the further expansion of JYSK and its customers.”

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