Nexi has reached an agreement with local and nationwide banks in Denmark to provide SEPA Direct Debit (SDD) services, enhancing their access to the European payments system.

Under the agreement, Nexi will supply the infrastructure and operational services required to process SEPA Direct Debit collections, allowing the Danish banks to manage their participation in the SEPA scheme through Nexi’s payment infrastructure.

The collaboration gives banks access to scalable and reliable infrastructure connected to European clearing systems and strengthens the integration of Danish banks with the wider European payments network.

Christian Segersven, Chief Business Officer, Issuing Solutions, Nexi Group, said:

“We are committed to helping banks navigate the rapidly evolving payments landscape and, through our collaboration, we are providing Danish banks with an infrastructure which integrates with their existing payment environment and helps them remain relevant and competitive across their full payment ecosystem.”

Søren Nicolaisen, CEO of National Banks and BOKIS, said:

“This agreement ensures that participating Danish banks get access to a scalable and future-proof international infrastructure that enables the exchange of payments among countries within the SEPA landscape in a secure and stable way, which, in turn, will strengthen their services and competitiveness.”

Nexi already has agreements with local and nationwide banks covering card and payment services, including support for secure payments with international cards and the domestic Dankort scheme.

Featured image credit: Edited by Fintech News Switzerland, based on image by rawpixel.com via Freepik