Nexi loses more than 4% in the wake of the third profit warning from its French counterpart Worldline (-18%)
The French company, also active in digital payments, has announced the departure of CEO Gilles Grapinet
iPhone as POS: Apple brings Tap to Pay to Italy, here's how it works and the advantages for merchants
Tap to Pay also lands in Italy, the Apple service that will allow traders and freelancers to accept contactless payments directly with their iPhone. Here's how it works, the advantages and compatible platforms
Poste: prepaid PostePay Evolution exceeds 10 million cards in twenty years
The prepaid card with Iban launched by Poste in 2003 has exceeded 10 million cards issued. Numerous services have been added over the years
The contactless ring for electronic payments arrives: Intesa Sanpaolo launches it with Mastercard
The banking group adopts, together with Mastercard, the contactless ring from the Swedish Tapster. A further stage in the payment digitalisation process. Here's how it works
Bank of Italy: over half of Italians pay in cash (69%), but 51% of payments are now electronic
Cash remains the preferred payment instrument for Italians. Yet over half of payments, by value, are electronic. The Bank of Italy survey and comparison with Europe
Digital payments boom. Italians pay more and more with electronic money, +20%. In 2025 overtaking on cash
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
Nexi: profit up 15%. In two months, transactions +17%. Bertoluzzo: the 2023 guidance is a floor
The guidance on revenues and ebitda is lower than the group's internal plan but "to be considered as the low end of a range" said Bertoluzzo
ATM Blackout: out of service throughout Italy
Unable to withdraw from branches. Malfunctions also reported in card payments
Online payment security, Bankitalia: with double password or code less online fraud
According to a study by Bank of Italy, with double authentication, the risks in payments drop by 60% in the case of cards and by 80% in the case of electronic money
Lottery of skin-changing receipts: will it be like the "Scratch and Win"? The Government is betting on instant winnings
The new mechanism provides immediate prizes: just scan a code (Qr code) on the receipt with your smartphone and you will know immediately if you are among the winners. Prizes between 100 and 150 euros
With CartissimaQ8, Digital Transformation also passes through supplies for companies
With the CartissimaQ8 electronic fuel card, you automatically receive an electronic invoice for each refuelling
Borsa, Nexi is the case of the day: raises the targets of the plan to 2025, revenues +9%, Ebitda +14%. Stocks on the rise
Nexi shines in Piazza Affari thanks to a financial plan with higher-than-expected targets: 2,8 billion in cash for M&A, buybacks, dividends or debt reduction
Bancomat, POS and cards in blackout: inconvenience throughout Italy at the end of the morning for electronic payments
Inconvenience throughout Italy for electronic payments: ATMs, POS and cards in blackout. No cyber attack but a technical problem involving the Nexi circuit
ATMs and cards, fines for those who refuse the Pos: what changes
From 2022, the obligation to have a Pos will not be enough: those who do not accept payment by ATM will pay a fine of 30 euros plus 4% of the rejected transaction
Cashback, here's how it works: 3 types of refunds, similar rules
From the beginning of December, the first of the three forms of cashback that will accompany Italians until June 2022 comes into force - These are anti-evasion measures that allow you to receive reimbursements from the State for each payment made with…
Nexi, ok at the wedding with Nets: a giant with 2,9 billion in revenues is born
The stock outperforms in Piazza Affari after the signing of the binding agreement with Nets - the new group will be 17% controlled by Cdp, Hellman & Friedman 16% - Paolo Bertoluzzo will be the CEO of the new entity
Electronic payments: no commissions up to 5 euros
A protocol is coming that establishes the zeroing of commissions on micro payments - The novelty is expected as part of the cashless plan on which the government is aiming to encourage the spread of electronic payments
Cashback: 10% refund, but only with 50 payments
The new anti-evasion measure being studied by the government does not only provide for a (maximum) value limit, but also a (minimum) transaction threshold - The goal is to get Italians used to paying for coffee by card as well
Cash, from 1st July new limits: here are rules and fines
The new thresholds for cash payments take effect from 1 July - Exceptions are foreseen - Here's how it will work
Cards and debit cards: from discounts to penalties, the novelties in operation
In order to combat tax evasion, the government has introduced discounts for those who use electronic money, a new ceiling on cash and penalties for those who do not allow paying with the pos
Unicredit: agreement with UnionPay on cards and payments
The companies will collaborate on several fronts, including the issuance of UnionPay-branded credit cards in Italy
Bank of Italy: with Tips, instant payments at 0,2 cents
Bankitalia has developed a new pan-European instant payment system for the Eurosystem available to all banks that wish to join - Secure transactions in less than 10 seconds at a cost of 0,2 cents - Here's what TIPS are
InfoCamere, the payment institution becomes "Iconto srl"
The new company, 100% controlled by InfoCamere and with a share capital of 2.500.000 euros, will develop payment services for the Chambers of Commerce and businesses
Cashless society: too much cash in the euro area
FOCUS BNL - According to ECB statistics, transactions with payment cards or electronic money have increased by 11% while cash withdrawals from ATMs or traditional branches have undergone only modest changes but the steps…
ATMs and credit cards: fines are on the way for shops without a Pos
From September, the government could introduce new sanctions for merchants who do not accept electronic payments - The goal is to encourage the use of traceable tools, fundamental allies in the fight against evasion
Electronic payments: 5 benefits for growth
Extract from the 2017 report Community Cashless Society - Saying goodbye to cash helps the economy in various ways: cost reduction, fight against tax evasion, stimulus to innovation, increase in consumption and safety.
Mobile payments: new scenarios are opening up in Italy too
Despite the digital divide, digital payments are also growing in our country and have reached 21 billion euros - The new legislative provisions, and in particular the digitization of the Public Administration, favor digital payments - The…
The five "i"s of Italian electronic payments
The development of electronic payments and the reduction in the use of cash (starting from the elimination of the 500 euro banknotes) are one of the expected effects of Italy's digital transformation but so far the incentive factors have not managed to impose themselves on those…