Country for PR: China
Contributor: PR Newswire Asia (China)
Wednesday, September 15 2021 - 15:57
AsiaNet
NETS and Verrency enter into a long-term agreement to deliver new consumer services for European card issuers – with carbon offset as a first consumer service to launch
COPENHAGEN, Denmark, Sept. 15, 2021 /PRNewswire-AsiaNet/ --

Verrency, the global payments innovation platform, has entered into a long-term 
delivery agreement with Nets to deliver payments innovation and value-added 
consumer services to card issuers across Europe.  Nets will be providing a 
significantly expanded set of services focused on real-time innovation around 
the moment of payment to its issuing bank clients who can surprise and delight 
their end-customers with the newest in payments technology innovation.

Nets, a part of Nexi Group and one of Europe's leading paytech companies, plan 
to use the Verrency services in a white label manner to deliver fast and 
exciting innovation to their European issuing bank clients.    Nets Climate 
Action Service is one of the first of the new Nets services to be powered by 
Verrency.

David Link, Verrency founder and CEO said, "Verrency is delighted to have Nets 
as a client and to support their delivery of new value-added services to Nets 
issuing bank clients in Europe. We admire Nets' dedication to delivering 
strategic value to their clients and are proud to support this with our 
technology.   We also couldn't be more pleased to be partnering together to 
launch Nets Climate Action Service as a first service together, enabling banks 
and their customers to take action to mitigate their carbon footprint."

Brian Harris, Global Head of Product for Issuer Services at Nets, said, "As one 
of the leading players within European PayTech, we aim to provide the best 
payments services to our clients and inspire them with fast and exciting 
payments innovation that our customers can offer to their end customers. Nets 
Issuer & eSecurity Services are always open to innovate, and the partnership 
with Verrency will help us to meet customers specific needs, to consolidate 
across platforms and countries gradually forming a common and cashless payment 
landscape in Europe.

ABOUT VERRENCY:

Verrency is a leading global SaaS cloud-based API platform that provides a 
powerful Customer Experience Personalisation Engine that delivers 
hyper-personalised payments services for the end-customers of Verrency's 
financial services clients. Verrency's platform is uniquely designed to 
leverage and enhance existing core payments systems.  Verrency has been 
recently recognised as the number #1 fastest growing technology company in 
Australia (and #15 in the Asia Pacific region) in the Deloitte Technology Fast 
500 Asia Pacific rankings.

Verrency's white-label API platform enables services such as of the 
personalisation and inividualisation of flexible card benefits including saving 
while spending, offsetting of carbon on purchases, delivery of highly 
configurable loyalty & rewards benefits, spend of digital currency, use of 
merchant offers and pay-with-points without the need for POS integration. All 
delivered on an industry grade technology with bank-grade compliance and 
security that also enables standardized 3rd party fintech connections. 

For more information, please visit www.verrency.com 

ABOUT NETS:

Believing in simplicity and security as the foundation for growth and progress, 
Nets powers payment solutions for an easier tomorrow for banks, businesses and 
consumers across Europe. Nets is a part of Nexi Group - a leading European 
PayTech. 

For more information please see: www.nexigroup.com. 

SOURCE  Verrency