Nexi to Connect First German Merchants To Wero Wallet

Nexi is set to connect the first merchants in Germany to the Wero wallet from the European Payments Initiative. The move will happen soon after the bank-backed digital wallet becomes available for online shopping.

As a Wero acquirer, Nexi will use technical interfaces provided by Computop, a gateway provider. The Wero wallet is already in use for payments between individuals in Germany. Nexi will first focus on e-commerce merchants before later introducing the service to physical stores.

Nexi Advances Digital Payments With Wero Integration

Carola Wahl, leader of Nexi DACH, said the Wero payment system is based on account-to-account transfers and aligns with Nexi’s vision. She explained that Nexi aims to provide payment solutions that are easy to use, scalable, and available across Europe.

According to Wahl, merchants would not see major changes, as Wero is fully integrated into existing e-commerce payment processes. She said businesses would gain from a pricing model, real-time transactions, and international reach.

Wahl also pointed out that Nexi, as a founding member and shareholder of the European Payments Initiative, is shaping the future of digital payments.

Separately, PPRO has also joined the initiative. The company will provide acquirers, issuers, and merchants with a platform to manage different parts of the payment process. This includes adding payment methods, optimizing acceptance, handling onboarding, and managing funds.

Nexi Expands Payment Services and Strengthens European Presence

Motie Bring, leader of PPRO, said that the company’s strong ties with the European Payments Initiative allow it to offer full e-commerce and mobile commerce functions. He explained that clients would only need to set up the system once to access different local payment options.

Wero is already available in Belgium, France, and Germany. Other countries, including the Netherlands, will follow later. At present, Wero supports payments between individuals. Online shopping integration will come next, followed by a feature for small merchants. Physical stores will gain access afterward.

Nexi S.p.A., previously known as Istituto Centrale delle Banche Popolari Italiane S.p.A. (ICBPI), is an Italian bank that focuses on payment systems. The bank operates Nexi Payments, which was formerly called CartaSi. It served as a central institution for Italian Popular Banks.

The bank expanded its services by acquiring Key Client Cards & Solutions, a former part of Deutsche Bank. It later activated an Automated Clearing House (ACH) system in partnership with ICCREA Banca. The system follows SEPA standards.

Further expansion followed when the bank incorporated Seceti, a joint-stock company specializing in centralized services. In Vienna, ICBPI signed an agreement with Equens SE to create Equens Italia, a joint venture handling Automated Clearing House operations in Italy. This partnership provided clearing services for ICBPI and ICCREA.