Italian paytech Nexi has partnered with Microsoft to develop cloud and digital payments solutions for European software vendors, financial institutions, SMEs and other public-facing organisations.
Nexi has tapped the tech giant for its Azure Cloud services as the paytech looks to consolidate its data centres across Europe and further digitise its platforms and solutions.
Microsoft has also selected Nexi as one of its main digital payments providers for its e-commerce activities across Italy, Denmark, Sweden and Norway. Nexi and Microsoft will collaborate to embed Nexi payments solutions within Microsoft Cloud services.
The strategic partnership will see the pair work together to “digitise the European payments space”, developing unified digital upgrade packages for SMEs, scalable cloud infrastructure for public entities and optimised payments solutions for corporates.
Nexi Group CEO Paolo Bertoluzzo says: “The strategic partnership with Microsoft demonstrates the power of combining deeply local payments expertise with European scale.
“We expect our joint investment in this partnership will accelerate the digitisation of payments in Europe and our own cloud transformation.”
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