Shaping the future of payments

How Giesecke+Devrient and Netcetera plan to tackle the industry’s biggest challenges together

As a global security technology group, Giesecke+Devrient (G+D) is renowned for orchestrating seamless physical and digital customer payments journeys.

Its groundbreaking work on public currencies, cards and issuance, digital payment solutions and, most recently, around designing central bank digital currencies (CBDCs), are just some examples of how it’s not only shaped today‘s financial landscape but is also helping the payments industry prepare for that of tomorrow.

Recently, it’s taken a majority stake in Netcetera, a leading provider of secure digital payments, with whom G+D has worked as a key partner for several years. Together they are doubling down on G+D’s broad mission to ‘engineer the trust to secure the essential values of the world’.

The two companies’ objectives are complementary: G+D’s core value is to create confidence and to protect payments in the physical and digital worlds. Netcetera is dedicated to creating digital trust and value with a comprehensive portfolio of solutions. Together, they offer both plug and play and tailor-made products for clients’ specific needs.

Both are responding to an evolving and complex matrix of customer demands, not just to ensure payments are secure and convenient across every channel and device, but that they are also mindful of ecological costs to the planet and genuinely accessible to everyone on it.

“Payment has become a massively adopted everyday experience: whether online, on a smart device, or in-store, consumers expect a flawless experience where services are designed around their core needs,” says Carsten Wengel, CEO of Netcetera.

“The payment ecosystem faces the challenge of offering an intuitive, scalable, and secure customer experience while creating confidence in the designed payment solutions.

“G+D has more than 170 years of passion for currencies and payments, delivering solutions to the financial services industry, ranging from banks to fintechs, around the globe, while digitally born Netcetera has software-based innovation built right at the heart of its business.

“Collectively, G+D and Netcetera are the perfect match of innovation and trusted expertise.”

With Netcetera, G+D can offer an expanded set of solutions to further optimise e-commerce payments as well as elevate customer experience for digital payments and banking.

The companies’ combined development capabilities will, they say, accelerate innovation, creating a powerful force as ‘global partners supporting local flavours in the payments world‘. Netcetera has already announced that it will be making a multimillion investment in its international digital banking offering, the benefits of which will extend to G+D’s 500-plus banking clients.