The agreement, that can be extended to include additional services, increases Nets' scope beyond card processing and payment services to include joint innovation and a variety of value-added payment and card services.
Benjamin Golding, Executive Vice President, DnB, comments: "As the largest bank in Norway we depend on being able to offer innovative, secure and stable services, and our ongoing partnership with Nets supports this. We have closely collaborated with Nets for many years and this new chapter deepens our relationship."
Thomas Jul, Group Executive Vice President, Financial and Network Services, Nets, adds: "We are delighted not just to be continuing, but expanding, our partnerships with DNB, and in the process confirming our role as the leading enabler of Norway's payment infrastructure. We continue to make payments easier and more convenient, as well as safe and secure, for our customers' end users. These collaborative partnerships, focused on product development, will ensure that the Nordics remain at the forefront of payments innovation."