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Nets signs three-year agreement with Finnish retailer Kesko

Press release

​Nets has signed a new agreement providing payments services for Finnish retailer, Kesko, which is Northern Europe’s third biggest retailer. The three-year agreement is a renewal of the existing agreement and includes acquiring services, e-commerce and collecting PSP–services.

​Kesko has a new growth strategy with increased focus on the customer experience related to mobile and online sales. Nets' ability to provide a strong expertise in payment and a proactive approach towards new payment methods is a key driver behind the new agreement.

 

The card settlement services offered by Nets are competitive and based on high availability and security. Nets was able to meet Kesko's requirements by offering competitive pricing, short settlement times, a gross settlement feature and a comprehensive customer service.

 

"Kesko expects our payment services to be reliable and cost efficient, but above all easy and smooth for consumers to use. We have made significant investments in the development of our merchant services," says Nets Account Director Jesse Partinen and continues, "Nets is a Nordic organization with a strong local foothold and long-term customer relationships. We want to further develop our cooperation with Kesko and offer them the best possible payment services. "

 

For futher information

Søren Winge, Head of Press Relations in Nets,
T: +45 29482646
E: swing@nets.eu  

 

 

About Kesko

Kesko is a Finnish listed trading sector company. Kesko operates in the grocery trade, the building and technical trade and the car trade. Its divisions and chains act in close cooperation with retailer entrepreneurs and other partners.

 

Kesko has over 1,500 stores engaged in chain operations in Finland, Sweden, Norway, Estonia, Latvia, Lithuania, Poland, Russia and Belarus. Kesko and K-retailers form the K-Group, whose retail sales totalled about €11 billion (VAT 0%) in 2015. The K-Group is the third largest retailer in northern Europe and it employs around 45,000 people.

 

Kesko's shares are listed on Nasdaq Helsinki. The company's domicile and main premises are in Helsinki.

http://www.kesko.fi/en/company/kesko-in-brief/