Nexi, a European PayTech company has announced a strategic collaboration with shopreme, a pioneer in advanced checkout technology. The partnership will see Nexi integrate shopreme’s self-checkout solutions into its merchant propositions. The move underscores Nexi and shopreme’s shared commitment to reshaping the in-store payments landscape. Nexi says this will lead to an era of convenience, efficiency and innovation for European consumers and retailers.
As part of the strategic partnership, Nexi will integrate shopreme’s self-checkout solutions into its merchant propositions. By embedding its secure payment technology within shopreme’s mobile self-checkout and kiosk solutions, Nexi will provide retailers with a fully integrated and frictionless in-store payment experience. Such integrations will support merchants to offer seamless and efficient self-checkout experiences to consumers. This is expected to reduce wait times and queues while allowing staff to prioritise more complex and rewarding customer interactions.
Digital payments as enablers of customer journeys
“We strongly believe in digital payments as enablers of engaging, frictionless and efficient customer journeys. Furthermore, we are fully committed to supporting merchants in innovating store formats and shopping experiences,” said Roberto Catanzaro, Chief Business Officer, Merchant Solutions at Nexi Group. “Combining Nexi’s digital payment acceptance capabilities with shopreme’s cutting-edge checkout solutions is an important step in this journey. We will continue to provide customers with world-class revenue and efficiency-enhancing solutions, together with deeply local capabilities, knowledge, and support.”
Nico Müller, Chief Commercial Officer for shopreme said, “We are dedicated to delivering the best and most seamless shopping experience. As this comprises all elements of the customer journey, a great payment experience is essential. In Nexi, we have found an excellent partner bringing extensive expertise in navigating the complexities of the European payments market.”
The self-service solutions enabled by the Nexi and shopreme partnership will roll out progressively in 2024. Deployment across Nexi’s key markets will start in Germany, Austria, and Switzerland, with Italy and the Nordics to follow.
Enterprise Times: What this means for businesses
As European nations transition from cash to digital payments, consumer preferences are moving toward more convenient and innovative shopping journeys. This is resulting in growing demand for self-service solutions. Solutions such as self-checkout options and mobile checkout technologies across a range of retail verticals, including grocery, fashion, home design, travel retail and beauty/wellness. Moreover, retailers are continuously innovating and exploring new store layouts to increase reach and customer convenience. At the same time maximising cost efficiency in terms of store size.
As a result, Nexi decision to integrate shopreme’s self-checkout solutions into its merchant propositions is a sensible move. The partnership is expected to meet consumer preferences for more convenient and innovative shopping journeys. It will support retailers to offer consumers seamless and efficient self-checkout experiences. Reducing queues and wait times while allowing staff to prioritise more complex and rewarding customer interactions. The partnership aims to reshape the in-store payments landscape, offering convenience, efficiency and innovation for European consumers and retailers.
