MONTREAL, August 7 2025 – Nuvei today announced a global strategic partnership with Tripleseat, a leading event management platform used by more than 18,000 hospitality venues worldwide. As the first step in this global partnership, Tripleseat and Nuvei have combined to launch Tripleseat PartyPay, a purpose-built payment processor designed to cater exclusively to the needs of the hospitality industry, in the United Kingdom, Canada, Australia and Europe.
Tripleseat PartyPay brings together Tripleseat’s intuitive event management software and Nuvei’s global acquiring infrastructure, real-time transaction optimization, and local alternative payment method (APM) support.
The solution enables venues and hospitality companies to manage events and take payments through a single seamless platform, eliminating the need for third-party providers, reducing complexity, and improving the customer experience.
Businesses using PartyPay additionally benefit from Nuvei’s Control Panel, which provides real-time visibility into transactions and customizable reporting. These insights help venues optimize performance, increase authorization rates, and make data-driven decisions to grow revenue.
This launch comes at a time of strong growth across the hospitality and catering sectors. The global hospitality industry is projected to expand from US $5.38 trillion in 2024 to US $7.23 trillion by 2029 (6.1% CAGR)1. In the UK alone, the industry was valued at approximately US $69.5 billion in 2024 with expected 4.5% CAGR through 2030.2
The global catering services market is also expanding, from US $154.7 billion in 2024 to US $229.9 billion by 20333, led by contract catering – including private and corporate dining – which is growing at nearly 4.8% annually4. In the UK, contract catering alone is forecast to grow from £12 billion in 2023 to £18.7 billion by 20315 (6.5% CAGR). PartyPay is designed to help venues capture more of this demand through frictionless, secure, and scalable payment experiences.
“For busy event professionals, time and efficiency are everything. That’s why we created Tripleseat PartyPay – to deliver a frictionless experience from planning to payment,” commented Drew Pierce, Chief Operating Officer at Tripleseat. “With Nuvei as our trusted payments partner, we’re expanding PartyPay’s footprint to more markets, helping venues simplify operations, increasing event revenue, and elevating the customer experience.”
“We are proud to partner with Tripleseat to bring PartyPay to the UK, Canada, Australia and across Europe and help hospitality businesses grow and reach more customers. By combining Tripleseat’s innovative event management with Nuvei’s global payment capabilities, we make it easier for businesses to expand and deliver seamless experiences. This reflects our strategy to empower partners to accept every payment, everywhere, no matter how their customers choose to pay,” said Phil Fayer, Nuvei Chair & CEO.
This is the latest announcement from Nuvei as it continues to enable global technology platforms with tailored integrated payment solutions. Platforms are increasingly leveraging Nuvei’s global reach, enhanced infrastructure, and Authorization Optimization suite, as well as locally optimized solutions and industry leading APM connectivity, to reach more customers, no matter where they are or how they want to pay.
About Tripleseat
Tripleseat is a sales and event management platform used by more than 18,000 venues globally, enabling event managers to streamline the planning process and increase sales. To date, the Tripleseat platform has helped venues book over 10 million events and capture £13.5 billion in event leads. To learn more, please visit www.tripleseat.com.
Contact:
John Karemy
Tripleseat
+44 7447 798849
About Nuvei
Nuvei is accelerating the business of clients around the world. Nuvei’s modular, flexible and scalable technology allows leading companies to accept next-gen payments, offer all payout options and benefit from card issuing, banking, risk and fraud management services. Connecting businesses to their customers in more than 200 markets, with local acquiring in 50 markets, 150 currencies and 720 alternative payment methods, Nuvei provides the technology and insights for customers and partners to succeed locally and globally with one integration.
For more information, visit www.nuvei.com
Contact:
Public Relations
alex.hammond@nuvei.com
1 Hospitality Market Size, Competitors & Forecast to 2029
2 United Kingdom Hospitality Market Size, Trends & Forecast 2032
3 Catering & Food Service Contract Market to Reach $497.7 Billion, Globally, by 2032 at 5.3% CAGR: Allied Market Research
4 Contract Catering Market Size, Share & Forecast to 2029
5 Report Enquiry For Download Sample - Verified Market Research
