Define: Nexi

Nexi
Nexi
Quick Summary of Nexi

In ancient Rome, Nexi referred to individuals who were indebted to others. If they were unable to repay their debts, they would be enslaved by the creditor until the debt was settled. This practice was known as “nexum”.

Full Definition Of Nexi

During ancient Rome, individuals known as nexi were individuals who were indebted to creditors and were compelled into servitude until their financial obligations were settled. This practice was referred to as nexum. For instance, if an individual in ancient Rome borrowed money but was unable to repay it, they could be designated as a nexi. Consequently, they would be obligated to labor for the creditor until the debt was fully repaid. This system served as a means for creditors to guarantee the retrieval of their funds.

Nexi FAQ'S

Nexi is a leading Italian payment service provider that offers innovative and secure payment solutions for businesses and consumers.

Yes, Nexi is regulated by the Bank of Italy and operates in compliance with all applicable laws and regulations.

Yes, Nexi provides a range of online payment solutions, including credit card processing, digital wallets, and mobile payments.

Nexi prioritizes the security of its payment platform and employs advanced encryption and fraud prevention measures to ensure the safety of transactions.

Yes, Nexi offers easy integration options for businesses to incorporate their payment solutions into their websites or mobile applications.

Nexi caters to a wide range of businesses, including retail stores, restaurants, hotels, e-commerce platforms, and service providers.

The account setup process with Nexi typically takes a few business days, depending on the complexity of your business requirements.

Nexi’s fees vary depending on the specific services utilized and the volume of transactions. It is recommended to contact Nexi directly for detailed pricing information.

Yes, Nexi supports international payments and offers multi-currency processing capabilities for businesses operating globally.

Nexi provides dedicated customer support through various channels, including phone, email, and online chat, to assist businesses and consumers with any inquiries or issues they may have.

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This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.

This glossary post was last updated: 17th April 2024.

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