Nexi Croatia and PBZ Card partner for payment card acceptance

By Gloria Methri

PBZ Card and Nexi Croatia have announced a new strategic partnership in the segment of accepting card payment transactions at points of sale. The joint approach of Nexi Croatia and PBZ Card will bring to points of sale simple, fast, and reliable payment solutions that are already used by two million merchants across Europe.

“In the new model, PBZ Card will retain an active role and in the future, we will be the first contact for our points of sale. We will give additional momentum to their sales achievements with various sales and marketing activities. The cooperation with a leading European PayTech such as Nexi will further bring advanced payment solutions to the points of sale that will improve their business even more,” said Mislav Blažić, president of the PBZ Card Management Board.

“It gives me great pleasure to announce our strategic partnership with PBZ Card. Nexi Croatia is a provider of payment solutions that processes an average of 1.5 million payment transactions per day. With this partnership, we also become an acceptor of payment cards,” said Irina Bručić, director of Nexi Croatia.

In the new model of card acceptance, PBZ Card remains in charge of concluding agreements on card acceptance and maintaining business relations with merchants. PBZ Card will perform this as a provider of payment transaction acceptance services in the name and on behalf of Nexi Croatia.

Nexi Croatia will be focused on the development of products and functionalities of the payment acceptance network, devices, and channels, as well as providing operational support for card acceptance.

The new business model will be implemented while ensuring continuity in the provision of card acceptance services at the points of sale of contractual partners/merchants. Croatia has obtained all the necessary authorizations for payment schemes and competent authorities for the operations.