Nets A/S - Company Profile

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Nets A/S (Nets) is a provider of digital payments and related solutions. It offers a range of services such as account-based payments and card-based payments and other related solutions. It facilitates digital payments across all major channels including in-person, on mobile, and online. The company operates and processes national debit card schemes such as Dankort in Denmark, and BankAxept in Norway; and international debit and credit card schemes. Nets offer alternative payment methods, mobile wallet services, card digitalization, and information services, financial transaction settlement services, consumer management services, fraud and dispute services, direct debit services, recurring payment services, and credit transfers. It has a presence in Denmark, Finland, Sweden, Norway, Poland, and Baltics region. Nets is headquartered in Ballerup, Denmark.

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Headquarters Denmark

Address Klausdalsbrovej 601, CVR-nr. 37427497, Ballerup, 2750


Telephone 45 44 684468

No of Employees 3,188

Industry Financial Services

Revenue (2022) $1.5B

   

   

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Nets A/S premium industry data and analytics

2

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Nets A/S (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Nets A/S’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Services Brands
Card Processing nets
Mobile Wallet Services
Financial Transactions Settlement
XYZ
XYZ
XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2023 Contracts/Agreements In March, the company entered into an agreement with Visa and Mastercard to view customer and shopper payments made with Visa and Mastercard.
2022 Contracts/Agreements In December, the company entered into a new agreement with BOKIS to continue to issue and process the Danish domestic card, Dankort, and international payment cards through Nets.
2022 Contracts/Agreements In August, the company and National ITMX announced the expansion of their cross-border QR payment collaboration.
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Competitor Comparison

Key Parameters Nets A/S Visa Inc PayPal Holdings Inc Mastercard Inc Radius Ltd
Headquarters Denmark United States of America United States of America United States of America United Kingdom
City Ballerup San Francisco San Jose Purchase Crewe
State/Province - California California New York England
No. of Employees 3,188 28,800 27,200 33,400 2,545
Entity Type Private Public Public Public Private
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Executives
Name Position Board Since Age
Bo Nilsson Chairman Executive Board - -
Torsten Hagen Jorgensen Director; Chief Executive Officer Executive Board - -
Francesco Gaini Chief Financial Officer Senior Management - -
Frode Asheim Executive Vice President - Corporate Services Senior Management - -
Thomas Kolber Executive Vice President - Human Resources Senior Management 2017 -
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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