NEXO STANDARDS ANNUAL REPORT 2024
nexo standards has released its fifth annual report, showcasing the organization's collective achievements from the past year and highlighting current and upcoming priorities , as we work to simplify payment acceptance implementation globally.
This year’s report outlines our continued ambition to create a collaborative payment ecosystem between retailers, acquirers, payment service providers, acceptors, processors, and vendors.
The report reveals key successes for nexo in 2024, including:
- Growth and diversification in our membership.
- The introduction of the Ambassador Program, helping to raise awareness of nexo’s impact in key regions across the globe.
- Strategic initiatives to meet the changing needs of the payment acceptance sector.
- Engagement with the Nordic Initiative, the ECB’s Digital Euro activities and Banque des États de l’Afrique Centrale.
- nexo's near-term technical roadmap, including Instant Payments at the POI, PP Encryption, PQC and much more.
Removing Barriers in Air Transport Retail Payment Acceptance with nexo standards
nexo standards has published its latest paper, “Chocks Away: Removing Barriers in Air Transport Retail Payment Acceptance with nexo standards”.
The paper explores fragmentation in air transportation payment acceptance systems and shines a light on how, by adopting nexo standards the sector has an opportunity to revolutionise payment acceptance. The paper explores the benefits of...
