Nexi Payments

E-money or payment institution · Milan, Italy

Nexi Payments S.p.A. is the operating company of the Nexi group, registered at Corso Sempione 55 in Milan and entered in the Bank of Italy register of electronic money institutions at number 32875.7. It acquires card payments for Italian shops and online merchants across Visa, Mastercard, Maestro, PagoBANCOMAT, JCB and UnionPay, sells POS terminals and e-commerce gateways, and issues and processes cards on behalf of Italian banks. The listed parent Nexi S.p.A. reported revenue of EUR 3,583 million and EBITDA of EUR 1,901 million for 2025, manages about 140 million cards and roughly 3 million terminals and serves around 250 banks and corporate clients in more than 25 European countries.

Legal name: Nexi Payments S.p.A.
Regulated by: Banca d'Italia (Albo IMEL, article 114-quater of Legislative Decree 385/1993, number 32875.7)
Licence confirmed: yes, on a regulator's own list
Established: 1939
Website: www.nexi.it

Scores, 0 to 10

8.0Europe (EU, EEA, Switzerland)

Bank of Italy electronic money institution number 32875.7 in the Albo IMEL, part of a group operating in more than 25 European countries with about 140 million cards and 3 million terminals. · source

7.0Customer satisfaction

Trustpilot rates Nexi Italia 4.0 out of 5, while on the Italian App Store Nexi Pay scores 4.6 from 349,942 ratings, Nexi POS 4.7 from 17,686 and Nexi Business 4.5 from 8,348. · source

6.5Business cards (Visa, Mastercard)

Nexi Payments issues and manages about 140 million cards on Visa and Mastercard for Italian banks and runs the Nexi Business app for company cardholders, rated 4.5 from 8,348 ratings. · source

6.0Fintech companies that need a partner bank

Nexi serves around 250 banks and corporate clients with issuing, processing and digital payment platforms, which is the closest thing it offers to partner infrastructure, but it publishes no safeguarding account for EMIs. · source

6.0Financial strength & stability

EUR 3,583 million of revenue and EUR 1,901 million of EBITDA in 2025 with USD 23.76 billion of total assets, but ratings of BBB- from Fitch and S&P and Ba1 from Moody's put it at the edge of investment grade. · source

5.0Online businesses: e-commerce and SaaS

One merchant contract covers Visa, Mastercard, Maestro, PagoBANCOMAT, JCB and UnionPay for shops and online sales, though there is no multi-currency collection account or marketplace payout product. Nexi supplies e-commerce acceptance and POS software but publishes no receiving account, accounting integration or recurring-revenue financing for software companies. · source

4.5Fast digital onboarding

Nexi publishes no time to activate a merchant contract; the transparency sheet states only that commissions apply from the month the services are activated. · source

4.0Lowest fees

The transparency sheet publishes maximum acquiring commissions of 8.00% to 9.00% for international schemes and 3.50% for PagoBANCOMAT plus EUR 0.03 a transaction, with a EUR 1.15 charge for a paper statement. · source

4.0On-ramp: buy crypto with fiat

Nexi's November 2024 high-risk category sheet lists crypto currency sellers under code 6051 as merchants it can acquire after extra legality checks and a USD 500 yearly scheme fee, so card payments to exchanges are possible but gated; evidence on business card spending at exchanges is thin. · source

3.5Cross-border payments, FX and multi-currency accounts

Settlement is in euro and there is no multi-currency account; the only currency term published is a 3.00% surcharge on cards issued outside the EEA. There is no multi-currency account, cash pooling or hedging product; Nexi settles euro card receipts and sells terminals and gateways. · source

3.5Startups & VC-backed companies

The product range is acquiring, terminals, issuing and processing; there is no startup programme, venture debt or pre-revenue path. · source

3.0Crypto-friendly bank

Nexi publishes no policy on crypto businesses; its merchant, bank and consumer product pages name no digital-asset service or onboarding path. · source

3.0Foreign-owned & non-resident companies

Nexi publishes no onboarding path for companies registered outside Italy; the merchant terms are Italian contracts published under Bank of Italy transparency rules. · source

3.0High-risk verticals (iGaming, cannabis, adult, forex)

Nexi publishes no policy on gambling, cannabis, adult or forex merchants, and no onboarding path for those verticals appears in its merchant material. · source

2.0Best interest on business balances

Merchant proceeds are settled net of commissions and Nexi publishes no interest, sweep or treasury yield product for business balances. · source

2.0Off-ramp: crypto to fiat in a business account

Nexi offers companies no current account to receive crypto sale proceeds, since merchant settlement goes to the client's own bank, and it publishes no source-of-funds process for crypto money, so evidence is thin. · source

1.5Trade, manufacturing & import-export

Nexi issues no letters of credit, guarantees or supply-chain finance; it is an electronic money institution barred from taking deposits and lending them out. · source

1.0Crypto wallet and custody for a business

Nexi Payments is an Italian e-money institution for card issuing and acquiring and holds no crypto for any client; its only digital-money work is the ECB digital euro pilot set for the second half of 2027, which is not crypto, checked September 2026. · source

1.0Accept crypto payments

Nexi's merchant products take cards, Wero and other fiat methods, and a 2023 Nexi article describes crypto payments only in general terms without offering them, so merchants cannot accept crypto through Nexi, checked September 2026. · source

1.0Bitcoin

No bitcoin buying, holding or transfer is offered by Nexi to any client, checked September 2026. · source

1.0Ethereum

No ether or token service is offered by Nexi to any client, checked September 2026. · source

1.0Stablecoins (USDC, USDT and others)

No stablecoin accounts, acceptance or payouts; Nexi's 2026 digital-money activity is the ECB digital euro pilot, a central bank currency rather than a stablecoin, checked September 2026. · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.