MILAN (Reuters) – Italian payments group Nexi said it had signed a partnership with Amazon’s local arm allowing clients of the e-commerce giant to shop on its Italian website paying with a local debit card service dubbed BANCOMAT Pay.
Italy’s ATM machine operator BANCOMAT, owned by more than 100 Italian banks, has been working to expand its online payment service BANCOMAT Pay following an investment by Italian private euquity fund FSI which is now the biggest single shareholder.
At present, Italians mostly use the 34 million BANCOMAT cards in circulation…
