Nexi,  the European PayTech, and Zuora,  the leading cloud‐based subscription management platform provider, announced a  strategic partnership in the e-commerce sector:  XPay,  the gateway of  Nexi for e‐commerce,  is now powered by payment services from Zuora.  

With Zuora, which powers the full quote to cash and revenue recognition process for more than 1,000 companies worldwide, corporate customers of Nexi's partner banks will be able to offer a subscription payment experience that provides greater flexibility and security:  end customers will be able to pay for digital services online with a credit card, without having to enter their data each time. They will be able to suspend and reactivate a service with maximum convenience, pay for what they consume, and update their data in real-time.  

The partnership will enable  Nexi to expand the range of its e‐commerce services for businesses by integrating a best‐in‐class solution that offers speed and convenience while ensuring maximum security.   

"The partnership with Zuora allows us to strengthen our e‐commerce capabilities which,  according to data from the  Politecnico di  Milano,  has grown by  21 per cent in  2021,  touching  39.4  billion euros,  thanks to the online purchases of  46.1  million  Italian consumers. Our goal is to grow further in this channel, which is increasingly strategic in our country's economy," said Dirk Pinamonti, head of e‐commerce at Nexi.  

"With Zuora’s full quote to cash and revenue recognition capabilities, Nexi is able to provide  Italian subscription‐based companies with an innovative,  reliable and secure tool," commented Paulo Baptista, Zuora AVP EMEA South.