Nexi, the European Paytech, has recorded a 134% increase in volumes in in-store smartphone transactions in Italy in 2022. In addition, the number of Nexi cards registered on mobile payment apps such as Google Pay, Samsung Pay and Apple Pay increased by 53%.

The data was released during the presentation of results from the Innovative Payments Observatory of the School of Management of the Politecnico di Milano. According to the Observatory’s own data, the total volume of all in-store smartphone transactions in Italy has grown by 122%.

"This data confirms that flexibility and comfort are becoming increasingly important when it comes to digital payments, both for consumers and merchants. To meet these needs, we will launch SoftPOS in Italy in the coming months,” commented Vanessa Maneo, Head of Marketing Pos Italy in Nexi. “Merchants will be able to download the app to their smartphones to accept digital payments directly."