According to SumUp's Cashless City Observatory, current data and future projections demonstrate the increase and constant propensity towards cashless payments in Italy. In 2023, cashless transactions increased by 35,5% - Cashless future?
The EU Parliament has given the green light to the new regulation on instant bank transfers. Member states will have 12 months to apply the new rules. Here's all the news
Nexi has developed the new App that Intesa Sanpaolo makes available to its customers. Initially the service starts with Android. Here's how it will work
As reported by the Wall Street Journal, credit card issuing banks and their network partners are ready to increase the fees applied to merchants in the US as early as October
For each transaction made on PagoBancomat for an amount of less than or equal to 10 euros, from 1 October 2023 to 30 June 2024, Banco Bpm will reimburse the merchants the commissions they paid
Restrictions on the use of cash introduced. Only cash payments up to 5.000 pesos (about 190 euros) will be allowed, after which it will be possible to pay only with cards. Among the reasons for this decision, the high costs and rampant inflation
An agreement has been found to reduce commissions on transactions of up to 30 euros made with Pos. Now the ball is in the hands of the banks and circuit managers
A new reality is born in the digital payments sector. Banco Bpm, Gruppo Bcc Iccrea and Fsi have signed a binding agreement for the establishment of a strategic partnership aimed at developing Pay Holding which will be active in the…
Italians rely more and more on payments with electronic money. In 2022, over 300 billion, + 20% compared to 2021. If this growth is confirmed, in 2025 electronic payments will exceed those in cash. Confesercenti's estimates
Via Nazionale has accepted the challenges offered by innovation and has assumed a role of catalyst to promote system solutions that favor the growth of operators and the development of good innovation
The pandemic has driven the spread of digital payments - utilities, hospitality and public transport are the sectors with the largest increase
According to the Innovative Payments Observatory of the School of Management of the Politecnico di Milano, the pandemic has structurally changed the habits of Italian consumers who increasingly use digital payments
Olivetti, which has been operating in the cash systems sector for some time, will enrich its offer with the technological solutions of Nexi, a company that provides digital payment services and infrastructures. The agreement came thanks to the partnership signed by the brand…
In the South American country, back from four years of right-wing government, it is the use of cash that is strongly discouraged: instant electronic payment was introduced in 2020, with zero commission costs. And it immediately became a phenomenon of…
The 2023 Maneuver in Parliament with quite a few changes compared to the text approved by the Council of Ministers: here are the ones
In Manovra the reduced tax for tips appears with the aim of combating the lack of personnel and the "black". Here's how the tax relief works and what changes from 2023
There are already three suitors for Intesa Sanpaolo's stake in Nexi - The operation will be closed quickly on the market
The "Buy Now Pay Later" is at the heart of the revision of the European Directive on consumer credit agreements. This was stated by Bankitalia, which is ready to enforce the same rules as for consumer credit
Compass of the Mediobanca group accelerates in the segment of payment extensions on digital channels: acquired 19,5% of the Swiss fintech HeidiPay and 100% of the Italian fintech Soisy
It is called "Request to Pay" and allows you to request payment for a good or service in real time and in digital mode. Here are the details
LIS has a proprietary paytech platform and 54 affiliated points of sale - Del Fante: "The largest financial acquisition in the history of Poste Italiane"
The "Digital Payments Monitor" of Worldline Merchant Services Italia confirms the increase in the first half of 2022 and the post-pandemic recovery: transactions +9,7% compared to 2021
From the first of July there are many new features. Fintech allows you to streamline bureaucracy and better manage business data. A rapidly growing sector: the Digital Finance case
Unless there are changes in Parliament, which however would be a problem with Europe, sanctions will come into effect from 30 June for those who do not accept the Pos: here's how much they amount
The smart era is at its peak thanks to digital solutions that simplify our lives in an intelligent way such as smartwatches, nfc and contactless payments. Here's how it works
In the Digital Finance era it is essential to know the tools to improve the competitiveness of companies and professionals - Here is the TeamSystem guide by Eng. Catty
Italy is at the bottom of the European and world ranking for digital transactions. According to Ambrosetti, the Pnrr can reverse the trend by generating almost 800 million digital payments
In the majority there is the agreement on the tax cashback relating to health expenses, which will allow reimbursements to be obtained with an immediate credit to the current account
Digital financial services represent an opportunity for SMEs and VAT numbers. Fatture in Cloud is integrated with TeamSystem Pay, the digital collection and payment services platform provided by TeamSystem Payments, to facilitate the work of over 400.000 customers…
Huawei Pay arrives in Europe and will officially bring contactless payments to Huawei HMS smartphones thanks to the collaboration with Intesa Sanpaolo and Bancomat
Poste Italiane grows in proximity payments with the acquisition of the former Lottomatica Italia Servizi for 700 million - The closing is expected within the third quarter of 2022
French company acquired 80% of Axepta Italia, BNL's acquiring company - The joint-venture is designed to accommodate existing Worldline banking partners and other Italian banks
The boards of the two companies have given the green light to the 1,385 billion operation - Enel and Intesa will each hold 50%, CVC Capital will exit the scene
The Authority intends to verify a possible abuse of a dominant position deriving from the imposition of the double-tap on cards with two brands
According to a report by the Mediobanca Research Area, 88% of the turnover in the PayTech sector is the prerogative of 15 companies, all from the United States - Worldline is growing in Europe, while Nexi is in fourth place - Digital payments boom in 2020
The banking group led by Carlo Messina strengthens its offer for the Premium segment with a new Exclusive debit card, which complements the credit card launched last May 2021
The novelty has been active since November - The notice can be paid via smartphone, with home banking or in participating shops
In collaboration with Altroconsumo, the Enel X guide was created with the aim of increasing users' awareness of digital payments and how to defend themselves against online scams by adopting responsible behavior
Thanks to the agreement, Eni's customers will be able to pay their bills online quickly and easily, avoiding long queues at the counters
The French president, to relaunch tourism that is struggling to find manpower, will detax tips paid with Carte Bleue or the App: "It's free of charge, no one pays in cash anymore"
The agreement will allow the US banking giant to expand into digital payments and enter the automotive sector for the first time
An investigation has been opened to verify that the new digital payments giant does not exercise a dominant position - Nexi's stock falls on the Stock Exchange
By the end of August, the concessionaire appointed by the Mef will liquidate the refunds relating to the cashback for the first semester - Supercashback arriving by November - Here are all the news
The collaboration between Olivetti and Satispay is strengthened. The agreement will also make it possible to integrate the payment app into the new cash registers of the Tim Group's IoT digital farm, in order to accelerate the spread of digital payments
The introduction of this new type of digital payment aims to facilitate payment processes for the benefit of customers. The first use in the insurance sector in Italy of the "Payment Initiation Service" functions to make online collections released from the related…
The Italian bank (which is part of Bnp Paribas) sells 80% of the capital to the French group, a competitor of Nexi, for 180 million
These are two senior unsecured unsecured bonds, both of 1,05 billion. The first expires on April 30, 2026, the second on April 30, 2029
According to the deputy general manager of the Bank of Italy, in about a year this type of transaction has gone "from 35% to over 55% of transactions carried out with enabled devices" - However, the banks are still not investing enough in innovation
The initiative was announced last autumn and will be valid until 2036: it also provides for the management of POS and ATM terminals.
The pandemic effect has caused the number of digital transactions to soar in Italy in 2020 and for this year the group being set up does not rule out double-digit turnover growth
Peak of +70% in e-commerce transactions - A result also achieved thanks to the government's Christmas Cashback programme
Those who don't want to request Spid or an electronic identity card to activate "Io", the PA app, have a series of alternatives made available by private companies - But beware of scams
Both the Christmas cashback and the one in force since January provide for a minimum number of payments: here's what can be done to reach this threshold - Meanwhile, the IO app is already haywire, but there are alternative ways
To encourage festive consumption, the Government is thinking of a new measure: a 10% refund on expenses made in December with cards or Apps - In this brief guide we see what the requirements and rules should be
After the government's second go-ahead, the budget law arrives in Parliament - In one month it has risen to 38 billion (and 248 items) - Other last-minute measures concern tax relief and fixed-term contracts
Thanks to cost cutting, EBITDA is also positive over the nine months - Exclusive negotiations with Nets extended until November 16 in view of a possible merger that would give life to a European hub…
The new frontier of digital payments allows you to pay your bill in shops or at the supermarket simply by passing through a "gate" - Here's how it works
The company led by Paolo Bertoluzzo has announced that it has started a period of exclusive negotiations with the Danish group Nets to reach a merger
According to an analysis by Boston Consulting, the pandemic has accelerated digital payments all over the world, but especially in our country, where cash is still much more widespread than elsewhere
The objective of the operation, signed by PostePay, is to strengthen the development of the open banking platform, which allows instant payments
According to a research carried out by Mastercard and AstraRicerche, the pandemic has accelerated the transition from cash to digital payments and one in four Italians declares that they want to abandon banknotes in the near future - Payments…
When making a digital payment, users of Nexi's partner banks can instantly activate tailor-made temporary insurance relating to the product or service purchased
But between 2 and 8 May there were "the first possible signs of recovery" - Nexi closes the first quarter with slightly declining revenues and growing profitability and the Stock Exchange rewards it
Italian banks cost on average a little more than the foreign ones active in our country, especially for digital transactions - But cash withdrawals are cheaper with our banks - One says so…
An agreement between Kuwait Petroleum and Telepass makes it easier to pay for refueling - Zappalà (Q8): "The partnership with Telepass Pay perfectly fits our business strategy"
The CEO of Poste in London presents the group's strategy in the context of the Deliver 2022 Plan to investors. New services for Postepay, agreements with MoneyFarm, Milkman, Fink!, sennder. Investments of 200 million for startups
Intesa customers with Android devices will be able to use Google Pay for their mobile payments
Signed the agreement between the two groups. Intesa enters the capital of the credit card company. The agreement will give Intesa a capital gain of 900 million - Takeover of Nexi on the Stock Exchange.
With the EasyPol app it becomes possible to pay all the notices of 22 entities (including stamp duties, membership fees, university fees, etc.) quickly and safely.
With this operation, Enel X increases the points of contact with its customers and accesses the network of around 5 Italian fintech shops spread throughout the country.
According to the Bank of Italy, GDP growth of 0,6% for 2020 is acceptable - But the Budget Office is cautious and the industrialists of the North stop the maneuver
The transaction allows the bank to access a new payment system that allows cash purchases using the vending machine network.
It's called Carta SisalPay and it's a prepaid Mastercard with Iban that doesn't require you to have a bank account - Here's how it works and how much it costs
Banca 5 and SisalPay will create a network of over 50 affiliated establishments to offer withdrawals and other banking services - The new network will be fully operational from the beginning of 2020.
In 2018, Italian banks invested 300 million for security and spending will rise in the next 12 months - ABI dictates 6 simple rules to be respected to operate online comfortably and securely
From today, the bank's more than 4 million customers can securely transfer amounts of up to 15 thousand euros in real time: the credit is very fast, in less than 10 seconds.
The Smart Mirror, already launched in the US in the stores of some clothing chains, was recently presented by Mastercard at the Innovation Forum in Milan: "Digital convenience also arrives in physical stores".
Global Payments has signed an agreement to acquire the American rival Total System Services - In 2018, the two companies together generated more than a billion dollars in profits
Thanks to the partnership, the Italian group will offer cash systems integrated with the technological solution of the British fintech company.
A rechargeable fuel card, usable both in Italy and abroad
With the sale of Oasi, which has invaluable software in the fight against money laundering, the reorganization of Nexi continues under the leadership of Paolo Bertoluzzo, in whose future there is a listing on the Stock Exchange
Banca Generali Private launches the digital banking challenge with electronic payments and an innovative current account onboarding model: here's how it works.
According to Mastercard's Connected Consumer 2018 study, Italians are increasingly connected and are making life easier thanks to their smartphone: they are even the first in Europe for online purchases via mobile device.
For holders of a UBI Banca credit card, digital payment systems are now available which allow you to pay directly via smartphone and smartwatch - In the coming months, the service will be extended to debit and…
Intesa Sanpaolo announces that from today, for all its customers, Apple Pay is available on all credit cards, prepaid cards and XME Card debit cards issued by the group.
The new free App was presented at the recent Payments Show - In Italy, one in four e-commerce purchases is paid for with the PostePay card and over 4 million PosteMobile sim cards are currently active.
The debit card can also be used from a smartphone to purchase products and services online and pay taxes - Here are the new arrivals with Bancomat Pay, the service for paying by mobile phone presented by Bancomat Spa at…
Through the MyHera app or the group's online services, it will be possible to pay bills by typing only one's mobile number, without the need to enter credit card or current account details
The European directive PSD2 simplifies the digital payments market. The CBI Consortium and Nexi have decided to create a European-level platform that could put banks, so-called third parties and end consumers in communication, guaranteeing…
Google's digital payment system arrives in Italy today, which will allow contactless transactions in shops equipped with NFC, online payments and those made on Google's platforms (Play and YouTube) - The app, however, can be connected…
The process of digitizing services by the multi-utility continues, expanding the range of payment methods by signing agreements with MyBank of Preta Sas (a company controlled by EBA Clearing) and CBILL of the CBI Consortium - The two systems…
The new contactless payment service is operational in Milan, thanks to the POS installed on the turnstiles of the 113 subway stations by Atm in collaboration with Visa and Mastercard - Giana (Atm): "Within a year and a half, even on vehicles…
The former CartaSì, which a few days ago also published its 2017 accounts (Ebitda up by 18,5%), received the go-ahead from Bank of Italy and the ECB for the separation between the activities related to the world of payments and those Of…
The group led by Paolo Bertoluzzo aims to have a new offer for banks in a market that will be worth over 20 billion by 2025.
The "Don't stay in the past, discover the Renaissance of payments" campaign is underway - Explora, the Children's Museum of Rome, is the first stage of the roadshow.
Over 4 million customers of Nexi's partner banks will be able to participate by simply downloading the Nexi Pay App - The competition, available until May 31st, offers prizes such as iPhone X, Samsung Galaxy Note 8, iPad Mini, etc.
Guys under the magnifying glass: they usually use prepaid cards, but don't give themselves a budget, they trust technology, but they don't know what cryptocurrencies are - Here is the identikit of the digital native according to an IPR instant poll…
CARTASI' PURCHASES OBSERVATORY - The summer season that has just ended has marked a growth in digital payments in Italy, both by Italian and foreign tourists - In particular, the predisposition…
According to data from the CartaSì Purchasing Observatory, which FIRSTonline will publish monthly, digital payments continue to grow in Italy, at a rate of more than 10% month on month and on an annual basis - The use of the…
Interview with Maurizio Pimpinella, president of Apsp, the sector association to which groups such as Cartasì and Banco Posta belong – “Frauds concern 0,0011% of transactions. "The costs of the cards? Cash management weighs much more" - "In 2016…