Nexo standards, the international association dedicated to enabling fast, interoperable and borderless payment acceptance, has announced that it has welcomed business IoT company and payment solution provider, Sunmi, as an Associate Member.
As an Associate Member, Sunmi will be able to share its unique insights and experience to contribute to the development of nexo specifications and participate in technical working groups. Looking to expand into new markets such as Europe and North America, Sunmi plans to utilise the nexo FAST Specifications and nexo retailer protocol to strengthen its offering with the creation of universal, interoperable payments acceptance solutions for its customers across geographies. It will promote the use of nexo standards by implementing them into its mobile, desktop and tablet-based payments acceptance solutions for merchants.
Patrice Le Marre, Corporate Chief Strategy Officer and Europe/North America General Manager, Sunmi commented: “Harmonisation, standardisation and convergence between business processes and payments resonates closely with our vision.
“As a leader in the digital transformation of brick-and-mortar merchants, we see nexo standards as a means to remove artificial complexity and promote global interoperability within payments acceptance in Europe and beyond.
“Capitalising on nexo‘s work, we will provide a future-proof application development framework with our Android ecosystem, removing the complexities of legacy systems and easing the integration of merchant payment solutions.”
Jacques Soussana, Secretary-General, nexo standards, added: “Sunmi’s commitment to a standardised and harmonised approach to payment acceptance perfectly embodies the work of nexo standards.
“As leaders in powering innovation for retailers, we’re delighted to see the value they recognise in nexo protocols to simplify the launch of omnichannel solutions and ease integration in new geographies. Continued adoption from diverse players such as Sunmi is key to demonstrating to the ecosystem why standardisation is valuable to both payments vendors and their merchant customers.”