Belgium, March 11 -- Nexi, the leading PayTech in Europe, has chosen Mastercard as its strategic partner across Europe to support open banking account-based payments. Through this partnership, Mastercard Open Banking will facilitate e-commerce payments across Nexi's gateways serving merchants across Europe.
Together, Mastercard and Nexi will build an integrated digital payment ecosystem by advancing Mastercard Open Banking-powered solutions that offer secure, seamless payment experiences with more choice for consumers when shopping online.
Unlike more traditional payment options, open banking allows anyone with a bank account to initiate swift digital payments to a merchant's account. Payments are initiated directly through existing authe...