Nexi to participate in the digital euro pilot phase
78 pts · High·Finextra Payments·17h ago · Jul 14, 10:50 UTC·1 min read
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Nexi will participate as a Payment Service Provider in the digital euro pilot phase.
The pilot is scheduled to begin in the second half of 2027 and will run for 12 months.
Key takeaways
- ▸Nexi is among the PSPs selected for the digital euro pilot.
- ▸The pilot is scheduled to begin in the second half of 2027.
- ▸The pilot will run for a duration of 12 months.
Why this matters
Nexi’s early involvement in the digital euro pilot gives it a first-mover advantage in shaping CBDC‑based payment products and gaining familiarity with the ECB’s infrastructure. This positions the firm ahead of rivals that may wait for broader rollout, potentially influencing merchant adoption and payment‑processing strategies. For the ECB, securing participation from a major PSP like Nexi validates the distribution model that relies on private providers, boosting confidence in the digital euro’s eventual market uptake.
Entities
Companies: Nexi
Products: Digital Euro
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