Amazon Italy and the Italian payments company Nexi have partnered to enable BANCOMAT Pay payments for users of the online store.
Filippo Signoretti, Merchant Solutions Director of Nexi Italy, confirmed the partnership in a statement.
According to Nexi, as part of their partnership, Amazon will make use of Nexi’s technology to let users make purchases using this extra payment option.
Bancomat Pay claims it provides users with a quick, easy, and safe way to pay at the register.
“The agreement with Amazon demonstrates, once again, how Nexi’s international scale and strong local presence make it the ideal choice for global players who need to have partners with a solid positioning in local markets,” Signoretti said in the release.
The interbank network Bancomat in Italy, which also runs a domestic card programme and a large number of ATMs, offers Bancomat Pay as its mobile and online payment option.
Users can establish peer-to-peer payments directly between accounts by connecting their bank accounts and phone numbers to the mobile app.
“Together, Mastercard and Nexi will build an integrated digital payment ecosystem by advancing Mastercard Open Banking-powered solutions that offer secure, seamless payment experiences with more choice for consumers when shopping online,” the companies said in a press release announcing their partnership.
In March, Nexi announced that it has partnered with Mastercard to enable open banking account-based payments throughout Europe.
This relationship is expected to streamline eCommerce payments across Nexi’s gateways that cater to merchants around the continent.
We earlier reported that Formula 1 and Amazon have partnered to launch Statbot, an AI model that processes race data in real time to offer commentary during broadcasts.