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February 26, 2021

Nets adds PayPal as merchant payment option in Nordics

Denmark-based payment solutions provider Nets Group has added PayPal as a payment option for its merchants in Nordic countries.

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The move will enable Nets customers in Denmark, Finland, Norway and Sweden pay for their purchases using PayPal on the Nets e-commerce platform NetsEASY.

The launch of PayPal is expected to particularly benefit the merchants in these countries which have an international customer base.

Nets e-commerce expert Patrik Müller said: “Our online checkout – with PayPal as an integrated part of our range of available payments – continues to become more complete and accommodating.

“This is especially important for merchants with an international customer base and will support their further growth with international consumers shopping on Nordic websites.”

Notably, Nets already provides PayPal as a payment option in Germany.

As agreed, Nets offers the payment method, integrated into its online payment checkout, in local currencies.

Headquartered in Copenhagen, Denmark, Nets provides digital payment processing solutions.

Last month, Paytrail, the Finnish e-commerce arm of Nets Group, signed a deal to acquire Checkout Finland.

A part of OP Financial Group, Checkout Finland offers a range of payment options, along with mobile payment solutions, to both e-commerce and physical stores.

On the other hand, PayPal, one of the largest online payment brands in the world, is reportedly planning to make its crypto products available in the UK.

Once launched, the move will allow its customers in the UK to purchase, hold and sell virtual currencies.

Free Report
img

Prepare for changes in the Payments market

 The Payments market has seen drastic changes in the past few years, with this only expected to continue. What does your company need to do to prepare for what’s to come? GlobalData’s Payment Trends for 2022 report explores the key trends in technology, consumer habits, and regulations shaping the market. We also identify the leading companies in this changing market, giving you a competitive market outlook. This report covers the impact of:
  • ESG
  • E-commerce
  • Mobile payments
  • Alternative payment rails (Real-Time Payments, Blockchain, BNPL)
  • Fraud & Cybersecurity
  • Regulations
Download the report now to learn essential strategies to maximize your growth in the face of rapid change.
by GlobalData
Enter your details here to receive your free Report.

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