nexo's messaging protocols and specifications adhere to ISO20022 standards, are universally applicable and freely available globally. The
"It is an honor to be given the opportunity to take a leadership position within nexo and to advance universal payment interoperability standards," said Croteau. "The nexo standards benefit stakeholders across the payments value chain, including merchants struggling to support numerous interface protocols and multiple certifications. Based on the nexo standardisation process, merchants will no longer need to support multiple proprietary payment interfaces, resulting in cost savings and the ability to rapidly bring to market new services and innovations."
ACI has been at the forefront of championing the nexo messaging protocols and specifications, which enable fast, interoperable and borderless card payments by standardising the exchange of payment acceptance data between merchants, acquirers, PSPs and other payment stakeholders. nexo's protocols and specifications are being adopted by a growing number of retailers and organisations across
"This is a really exciting time for nexo," adds
nexo Standards enables fast, interoperable and borderless payments acceptance by standardising the exchange of payment acceptance data between merchants, acquirers, payment service providers and other payment stakeholders. nexo's messaging protocols and specifications adhere to ISO20022 standards, are universally applicable and are freely available globally.
nexo Standards is an
open, global association dedicated to removing the barriers present in today's fragmented global card payment acceptance ecosystem. Headquartered in
nexo was established in 2014, when three historical contributors of card payment standards and specifications were merged: EPASOrg, the OSCar consortium and the CIR SEPA-Fast technical working group.
For more information, please consult www.nexo-standards.org
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Dan Ring ACI Worldwide+1 (781) 370-3600 firstname.lastname@example.org Christopher Taine (EMEA) ACI Worldwide+49 (0) 89 45230 557 email@example.com Katrin Boettger (EMEA) ACI Worldwide+44 (0) 7776 147910 firstname.lastname@example.org Kirsty Blackburnnexo standards +44 (0) 113 350 1922 email@example.com
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