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  "documentTitle": "2026 Capital Markets Day Full",
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  "notes": "The slide uses two bar charts to demonstrate higher take rates for APMs and bundled collecting services.",
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      "text": "Notes: APMs net take rates based on 2025 revenue data blended across relevant Nexi countries. Debit Cards net take rate includes Visa, Mastercard, Bancomat, and Dankort blended across card present and card not present and relevant Nexi countries.",
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      "text": "Good APM economics and margins\n\"Complexity barrier\" vs new entrants\nAPM bundling opportunity with collecting",
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