Generally

17 Nov Nexi € 7.8 billion takeover of Nets creates one of the largest EU payment platforms

Posted at 11:21h in Generally

The Italian payment processor Nexi has announced a further acquisition and is taking over the Scandinavian competitor and payment provider Nets, which recently took over Concardis, among others. The transaction will also create the largest online payment company in Europe in terms of volume and...

17 Nov Record sales: Germans spend billions on apps

Posted at 11:14h in Generally

The market for online applications will reach a record high in 2021. The sales forecast of the industry association Bitkom of 2.9 billion euros for 2021 sees the Corona crisis as one of the reasons. The in-app purchases are a multiple of the actual app...

21 Oct Maestro expires – checking card payments on the decline?

Posted at 13:35h in Generally

It does not come as a complete surprise to the professional world: The Mastercard credit card scheme is allowing “Maestro” to expire by mid-2023. Developed in 1991 by Eurokartensysteme as a subsidiary of the German banks, which has since been sold to Mastercard for a...