• Italian payments group Nexi reports 7.1% increase in the first quarter revenue

    10 days ago - By Travel and Tourworld

    Italian payments group Nexi stuck to its 2022 viewpoint after reporting a 7.1% increase in the first quarter revenue,with recovering tourist streamsdriving “higher impact” transactions like hotel bills.
    Nexiis among Europe's biggest payments firms along with France's Worldline. It said that volumes at its merchants' transactions business increased 38% in April, which is a 162% surge in big ticket items majorly connected with travel.
    The travel component in Nexi's merchant acquiring business bounced back in the first quarter accounting for three-quarters of the group's prior to the pandemic...
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