06 August 2025
NEXO STANDARDS ANNUAL REPORT 2024
nexo standards has released its fifth annual report, showcasing the organization's collective achievements from the past year and highlighting current and upcoming priorities , as we work to simplify payment acceptance implementation globally.
This year’s report outlines our continued ambition to create a collaborative payment ecosystem between retailers, acquirers, payment service providers, acceptors, processors, and vendors.
The report reveals key successes for nexo in 2024, including:
- Growth and diversification in our membership.
- The introduction of the Ambassador Program, helping to raise awareness of nexo’s impact in key regions across the globe.
- Strategic initiatives to meet the changing needs of the payment acceptance sector.
- Engagement with the Nordic Initiative, the ECB’s Digital Euro activities and Banque des États de l’Afrique Centrale.
- nexo's near-term technical roadmap, including Instant Payments at the POI, PP Encryption, PQC and much more.
nexo standards signs agreement with the European Central Bank to facilitate digital euro payments
Why it matters: The agreement will see digital euro payment acceptance added to nexo standards’ broader ISO 20022-based payments framework to support digital euro payment acceptance in Europe.
nexo standards has signed an agreement with the European Central Bank (ECB), alongside leading European standard-setting organisations – such as the European Card Payment Cooperation (ECPC) and Berlin...
