nexo retailer - Quick Starter Guide
Since its foundation, nexo standards aim to create specifications and protocols to ensure interoperability for financials transactions in the acceptance domain.
Sales System are connected to the acceptance domain. Sales System need to interface themselves with terminals and gateways to process financial transaction without manual data entry.
Retailers struggle to deploy Sales System and Terminals/Gateway seamlessly on a large scale or territory.
Sales System must integrate themselves with many different systems using different proprietary protocols.
Sales System must update their integration as the Terminals/Gateway evolve.
Supply Specifications and Protocols to ensure interoperability that cover the market needs.
Supply Protocols that allow Sales System to use the same messages and same integration with multiple Acquirer / Terminals / Gateway.
Support all types of Payment Instruments and Customer Journey
To ensure interoperability that will last and evolve accordingly with the Industry, nexo standards choose to follow ISO 20022 standard to create its messages.
nexo standards submit annual Changes Request to ISO for Protocols evolution
Nexo Retailer Protocol V4 and up are based on ISO 20022 data dictionary.