nexo standards Welcomes Twelve New Companies to Global Membership

nexo standards, the international association enabling global interoperability in payment acceptance, has welcomed twelve new companies to its membership, bringing the total number of members up to 89.

 

In the past 12 months, Alipay, FrenchSys and Saudi Payments have joined the association as Principal Members, while Aava Mobile, CTC advanced GmbH, Girmiti Software, ISTIUM SAS, Lyf Pay, Partelya Consulting and PW Consultants have become Associate Members. nexo standards also welcomes LAVEGO AG and Lusis as Observer Members. Additionally, within the existing membership base, FIME has upgraded to Principal Member status and UL has upgraded to Associate Member status.

 

“In the last year, nexo standards has welcomed members from across continents, with countries including China, India, Japan, Russia and Saudi Arabia. This further cements the global interest in our standards and our truly international reach. In 2020 alone, we’ve also gained two new consultancy firms as members, reflecting the increasingly prominent place our standards play in digital transformation projects,” comments Jacques Soussana, General Secretary of nexo standards. “The ongoing growth of our membership ensures that we have the industry expertise and international diversity to develop and evolve the nexo specifications and protocols according to the needs of all payment stakeholders. This, in turn, enables us to truly bring security and interoperability to a fragmented global payment acceptance ecosystem.”

 

Jacques continues: “I would like to thank our new and existing members who are so passionate about ensuring our goals are met. It is only through collaboration with our members that we have developed payment acceptance standards that are interoperable, universal and adhere to ISO 20022 standards, simplifying payments acceptance for all stakeholders.”

Last Tweets

#Contactless #payments are continuing to surge, with this @techradar post reporting they made up 88.6% of all #card transactions in 2020 https://t.co/UAc1FOC9tN https://t.co/Dnkh1UBWZ7

It is only through the work of our dedicated membership base that nexo can deliver truly borderless #interoperability in #payments. See a full list of nexo standards members here: https://t.co/e5S1MwoznM https://t.co/FKE8ELHCRA

“Adopting nexo standards is realizing significant time and cost savings for Subway already,” says @SUBWAY #Payments Product Owner, Benoit Lamoureux. Read his testimonial here: https://t.co/gsXrTJcCE1 https://t.co/NPUA6rmolI

Over 5 Billion Payment Transactions Annually Powered by nexo standards

nexo standards’ latest member survey has found that its specifications and protocols are powering over 5 billion payment transactions per year, representing over 416 million payments per month . The survey also revealed the scale of nexo’s global presence, with live deployments in over 25 countries across APAC, Africa, Europe and North and South America.

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