European PayTech firm Nexi has entered into a partnership with Illimity Bank to support its digital store of financial services for SMEs ‘b-ilty’. 

Illimity will take advantage of Nexi’s digital collection of solutions to further expand its offering to customers. SMEs will be able to rent or purchase Nexi’s products by now accessing the b-ilty platform, allowing them to accept a range of payment options. 

Through the b-ilty portal customers will be afforded the opportunity to connect with tailor-made offerings designed to support their needs through Nexi’s technology. SMEs can also sign digital contracts without the need to exert any physical effort, enhancing the overall user experience. 

Carlo Panella, Head of Direct Banking at Illimity, commented: “The partnership with Nexi allows us to further expand the b-ilty offering by making available, once again, a simple solution that provides real support to businesses. 

“b-ilty was, indeed, created to simplify SMEs’ activities – the constant evolution of the offering will therefore continue along this path to keep ahead of the ever-changing and diverse needs of businesses.”

Furthermore, the range of Nexi products alongside the b-ilty platform will help create an “innovative and unique offering” dedicated to SMEs in order to support them in the market, which has been hampered by the current economic downturn. 

Nexi will provide a POS terminal and all technical support for digital payments to customers of both companies, along with the ability to access a personal relationship manager b-ilty customers can connect with 24/7. 

“The penetration of digital payments is growing significantly throughout Europe, including in Italy where they now account for about one-third of all payments and are steadily gaining momentum,” added Giulio Vasconi, Head of Marketing Merchant Services & Solutions in Nexi. 
“The partnership with Illimity allows us to take another fundamental step towards the spread of digital collection solutions capable of tapping into the needs of SMEs and guaranteeing them tangible advantages in terms of efficiency, speed, reliability, increased business, as well as compliance with the latest regulatory requirements.”