Nexi Greece

What Nexi Greece does

Nexi Greece is the Greek operating entity of Nexi Group, one of Europe's largest merchant acquiring and payment solutions providers. Headquartered in Athens (Charilaou Trikoupi 15, 10678) with a second site in Kryoneri for processing services, the company operates as a regulated Greek payment institution under the legal name NEXI ELLAS IDRYMA PLYROMON A.E. It sells and operates the Nexi SmartPay unified payment platform alongside the XPay e-commerce platform, a full POS hardware lineup (fixed, wireless, and smart-routing terminals), and a suite of value-added services including Everyday Pay (365-day fund availability at €5/month), Nexi DCC (Dynamic Currency Conversion with commissions reduced up to 70% on non-Eurozone cards), IRIS Payment, Pay-by-Link, Smart Converter, and a combined POS/cash-register device.

The company serves Greek SMEs, restaurants and bars, tourism operators, freelancers, large enterprises, and financial institutions/EMIs, supported by a Nexi Hospitality channel for the accommodation sector. Distribution combines direct enterprise sales, a self-serve eMerchants portal, website and iOS/Android apps, and partner/reseller channels. As of early 2025 it served approximately 130,000 merchants, and its parent Nexi Group operates ~3 million merchant terminals, ~140 million cards, ~250 bank relationships, ~9,600 payment specialists, and 60+ offices across 25+ European countries, ranking #1 in European acquiring by merchant count and transaction value and #1 in issuing by cards managed.

Nexi Greece generates revenue predominantly from transaction-based fees on POS acquiring and e-commerce processing, plus a recurring Everyday Pay subscription and DCC spread on cross-border transactions. The company is privately held and is a wholly-owned subsidiary of Nexi Group; no public listing or ticker exists for the Greek entity and no revenue, funding, or M&A activity is disclosed in the available data. No AI/ML capabilities, API platform, or third-party integrations are documented in the source material.

Name

Nexi Greece

Legal name

NEXI ΕΛΛΑΣ ΙΔΡΥΜΑ ΠΛΗΡΩΜΩΝ Α.Ε.

Website

https://nexigreece.gr

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Nexi Greece is a licensed payment institution and Greek subsidiary of Nexi Group, providing integrated card acquiring, POS terminals, e-commerce payments, and value-added services (DCC, Everyday Pay, IRIS Payment) to approximately 130,000 Greek merchants across SMEs, hospitality, tourism, and financial institutions.

Ownership category

akta.pro rank

Product category

Payment Processing Services

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

akta.pro primary industry

Integrated Payment Processors (PSP/Acquirer) (FSAMABAA)

akta.pro secondary industries

Card-Not-Present / eCommerce Acquirers (FSAMABAD), Payments, Billing & Invoicing (THALACAJ)

Keywords

• Payment processing
• POS terminals
• E-commerce payments
• Merchant acquiring
• Digital payments infrastructure

Headquarters

HQ city

Ágios Stéfanos

HQ country

Greece

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales

Revenue model

1. POS Terminal Services: Transaction-based revenue from POS terminal services processing card payments at physical retail locations
2. E-commerce Payment Processing: Fees from online payment processing through XPay platform for e-commerce merchants
3. Everyday Pay Subscription: Monthly subscription service at €5/month providing immediate fund availability 365 days/year
4. DCC Services: Dynamic Currency Conversion fees for cross-border transactions, offering up to 70% lower commissions for non-Eurozone card transactions

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels3 records

Core offering

Nexi Greece delivers end-to-end digital payment acceptance for Greek businesses, combining physical POS terminals, an online e-commerce platform (XPay), and a unified SmartPay orchestration layer. Its portfolio spans fixed, wireless, and Smart Routing POS devices, the XPay e-commerce platform (with and without e-shop), mobile payment apps for iOS/Android, and value-added services such as Dynamic Currency Conversion (DCC), Everyday Pay (365-day same-day funds availability), IRIS Payment, Pay-by-Link, and the all-in-one POS & Cash Register. The offering is targeted at SMEs, hospitality, tourism, freelancers, large enterprises, and banks/EMIs operating in Greece.

Product overview

Nexi Greece operates as a digital payments company offering a unified platform architecture combining multiple payment acceptance methods. The core product portfolio centers on Nexi SmartPay as the unified payment solution, supported by XPay e-Commerce Platform for online payments and a range of POS terminals (fixed, wireless, and smart routing) for in-store payments. The offering includes specialized add-on services such as Nexi DCC for dynamic currency conversion, Everyday Pay for daily fund availability, IRIS Payment, Pay-by-Link, Smart Converter, and the combined POS & Cash Register solution. Nexi Hospitality provides industry-specific solutions for the hospitality sector, while the eMerchants Portal enables real-time transaction monitoring. The platform serves diverse market segments including SMEs, large corporations, freelancers, tourism, and hospitality businesses.

Differentiator

Problem solved

Functional benefit

Brands

• Nexi SmartPay: Unified payment solution platform integrating all digital payment methods for businesses.
• XPay
• Nexi Hospitality
• Everyday Pay
• Nexi DCC
• Nexi GO
• IRIS Payment

Products and services

• XPay e-Commerce Platform Comprehensive online payment platform enabling Greek businesses to accept online payments through multiple channels (with existing e-shop, via payment links for merchants without an e-shop, and via iOS/Android apps).
• POS Terminals In-store payment terminals for accepting card transactions at physical retail locations, available as fixed wired terminals, portable wireless terminals (POS on the go), and Smart Routing POS that optimizes transaction routing.
• Nexi SmartPay Unified digital payments solution that integrates all payment types (in-store POS, online, and mobile) into a single platform, simplifying acceptance for businesses.
• Nexi DCC (Dynamic Currency Conversion) Dynamic Currency Conversion service enabling Greek merchants to let international cardholders pay in their local currency, with commissions up to 70% lower than standard rates for non-Eurozone transactions.
• IRIS Payment Payment service integrated with the IRIS system, enabling seamless instant transfers through IRIS rails.
• Everyday Pay Subscription service at €5/month (final price) that provides merchants with funds in their account 365 days a year, including weekends and holidays, available from early morning.
• Nexi GO New payment capabilities and features introduced by Nexi Greece as a packaged offering on top of its core payments stack.
• POS & Cash Register Combined (All-in-One) Integrated all-in-one device combining a payment terminal and cash register functionality, issuing a single unified receipt for each transaction.
• Nexi Hospitality Specialized payment and transaction management solution for the hospitality sector, including hotels, lodging, and food service, designed for comprehensive digital payment and PMS-compatible operations.
• eMerchants Portal Online self-service portal providing Greek merchants with real-time transaction monitoring and detailed analytics for each transaction.

Quantifiable outcome

• Up to 70% lower commissions for non-Eurozone card transactions through DCC service
• +3 more outcomes

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

One partnership is on record.

• Nexi HospitalitycoreChannel Partner/ Reseller/ DistributorSpecialized hospitality solution for accommodation sector providing comprehensive transaction management and digital payment solutions for hotels and other lodging establishments. Offers tailored features for the hospitality industry including integrated property management system compatibility.

Scale indicators10 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Viva Wallet: Greek-founded PSP/acquirer serving SMEs with POS terminals, online acquiring, and merchant accounts across Southeast Europe; directly competes with Nexi Greece in the same geography with overlapping products.
• SumUp: European mPOS and merchant acquiring provider focused on micro-merchants and SMEs with portable payment terminals; competes with Nexi Greece's wireless POS and SME acquiring offerings.
• Cardlink: Greek card-acceptance network and POS-based acquiring services for local merchants; competes directly with Nexi Greece within the domestic Greek acquiring and POS market.
• Ingenico (Worldline): POS terminal and payment acceptance vendor now part of Worldline; directly comparable hardware and full-stack acquiring competitor to Nexi Greece's terminal business.

Regional players

• Mollie: European PSP serving SMEs and mid-market with multi-method online checkout; comparable online-acceptance offering to Nexi's XPay, primarily serving Western/Northern Europe but crossing over into Greek merchants selling cross-border.

Broad incumbents

• Nexi Group: Italian-headquartered parent of Nexi Greece and one of Europe's largest payment processors; provides product, processing infrastructure, and issuing capabilities to the Greek entity and is the natural strategic benchmark.
• Stripe: Global online payment processor with strong developer-led e-commerce acquiring; directly competes with XPay in card-not-present acquiring for Greek merchants selling online.
• Worldline: Europe's largest payment processor (post-Ingenico and Ingenico/Equens tie-ups) offering merchant acquiring, POS, and digital payment services across Europe; competes head-to-head with Nexi in cross-border acquiring and POS.
• Adyen: Global unified-commerce PSP serving large merchants with POS and e-commerce acquiring; competes with Nexi's XPay platform and large-enterprise acquiring across Europe.

Others

• Verifone: Global POS terminal hardware and integrated payment solutions provider; supplies the underlying terminal technology that powers much of Nexi Greece's in-store POS footprint and competes at the hardware layer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Nexi Greece