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.
Nets A/S premium industry data and analytics
Products and Services
Services | Brands |
---|---|
Card Processing | nets |
Mobile Wallet Services | |
Financial Transactions Settlement | |
XYZ | |
XYZ | |
XYZ |
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. |
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 |
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Bo Nilsson | Chairman | Executive Board | - | - |
Torsten Hagen Jorgensen | Chief Executive Officer; Director | Executive Board | - | - |
Francesco Gaini | Chief Financial Officer | Senior Management | - | - |
Thomas Kolber | Executive Vice President - Human Resources | Senior Management | 2017 | - |
Frode Asheim | Executive Vice President - Corporate Services | Senior Management | - | - |
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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