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Home»Fintech»Bokis extends Nets contract to 2029
Fintech

Bokis extends Nets contract to 2029

December 19, 2022No Comments2 Mins Read
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BOKIS, a Danish cost and card firm, and Nets, a part of the Nexi Group, have entered into a brand new settlement that runs till 31 December 2029.

BOKIS member banks will proceed to situation and course of the Danish home card, Dankort, and worldwide cost playing cards by way of Nets.

The BOKIS co-operative consists of home banks reminiscent of Sydbank, Spar Nord Financial institution, Arbejdernes Landsbank and Nykredit Financial institution. It additionally consists of 46 native, financial savings and co-operative banks in Denmark, the Faroe Islands and Greenland. Collectively, these banks signify about 45% of the Danish card cost market.​

Søren Nicolaisen, CEO of Nationwide Banks and BOKIS, says: “We’re happy to lengthen our collaboration with Nets. In instances of a quickly creating cost market, it is very important us that our member banks can provide their customers dependable and fashionable cost options in a value environment friendly method.”

Jan Kondrup, CEO of the Affiliation of Native Banks and BOKIS, provides: “Nets is knowledgeable enterprise associate that we’ve had for a few years. The settlement is prolonged by an extra interval of 5 years and is proof of our dedication to enter into long-term agreements which can guarantee our members’ safety of provide, in addition to high-quality digital providers and upkeep, together with an elevated deal with fraud administration and dispute providers.”

Settlement about Dankort and worldwide playing cards prolonged

The collaboration covers Dankort and worldwide cost card processing in addition to further providers.

Torsten Hagen Jørgensen, World Head of Issuing Options at Nexi Group, says: “We’re happy that BOKIS has chosen to increase our earlier agreements on Dankort and worldwide cost card processing. We stay up for offering our intensive digital experience and fashionable, versatile, and safe card options that can profit clients of BOKIS banks; all served with native information from our Danish buyer staff.”

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The brand new settlement will take impact in January 2023.

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