Stay informed with Nuvei’s updates on payments, innovations, and strategies to accelerate your business.
Unlock seamless financial transactions with Interac and Instant Bank Transfer. Enjoy rapid, secure payments anytime, anywhere.
Enjoy effortless and rapid transactions online or via phone, with instant payment options for quick fund movement. With robust security and customizable fraud prevention, our reliable solutions offer comprehensive, transparent reporting for your convenience.
Supercharge your business by easily integrating Interac into your payment system. Experience lightning-fast payments through direct account-to-account transfers.
Join forces with the robust interbank network of Canadian financial institutions, processing billions of transactions annually.
Discover Instant Bank Transfer (IBT), your ultimate solution for secure and seamless payment verification in Canada.
IBT streamlines deposit and withdrawal processes while ensuring top-notch identity verification. Trust in IBT's cutting-edge risk management technology to safeguard your transactions and provide a hassle-free experience.
Customers and businesses can make and receive payments instantly, in a matter of seconds.
Benefit from enhanced conversion rates, an improved user path offering a smooth, and mobile-centric customer journey.
Unlock seamless financial transactions with Faster Payments and Pay with Bank Transfer. Enjoy rapid, secure payments anytime, anywhere.
Enjoy effortless and rapid transactions online or via phone, with instant payment options for quick fund movement. With robust security and customizable fraud prevention, our reliable solutions offer comprehensive, transparent reporting for your convenience.
Experience instant money transfers, bypass card network limitations, and harness the power of trusted banking connections.
Save time and money with processing through the Faster Payments network while offering a reliable and affordable alternative to credit cards.
Enjoy secure, hassle-free payments directly from your bank account with Pay with Bank transfer, powered by American Express but accessible to all.
Customers and businesses can make and receive payments instantly, in a matter of seconds.
Benefit from enhanced conversion rates, an improved user path offering a smooth, and mobile-centric customer journey.
Unlock seamless financial transactions with SEPA and SEPA Instant Credit Transfer. Enjoy rapid, secure payments anytime, anywhere.
Enjoy effortless and rapid transactions online or via phone, with instant payment options for quick fund movement. With robust security and customizable fraud prevention, our reliable solutions offer comprehensive, transparent reporting for your convenience.
SEPA (Single Euro Payments Area) transforms E.U. cashless transactions, offering rapid euro transfers, 24/7, and near-instant processing for all participants.
With a single integration, supercharge your operations, fulfill orders faster, and boost cash flow with lightning-fast, real-time payments. Providing customers with unparalleled convenience, no matter where they are.
Customers and businesses can make and receive payments in a matter of seconds using their trusted bank relationships.
Enhanced conversion rates, an improved user path offering a smooth, mobile-centric customer journey. Decreased payment processing expenses by eliminating charges associated with card networks.
Protect your customers' data and prevent fraud. Say goodbye to chargebacks with our guaranteed solution.
Discover Nuvei's U.S. Bank Transfer services for seamless, rapid, and secure payments. Leverage ACH, RTP, and FedNow networks for flexible money transfers.
Enjoy effortless transactions, instant payment options, and transparent reporting. Protect your business with our Assured Funds guarantee.
Empower your customers with a cost-effective, convenient payment solution. Debit funds directly from bank accounts for single or repeat transactions.
Save time and money with processing via Automated Clearing House (ACH), Real-time Payments (RTP®), and FedNow.
Mitigate payment risks effectively with Nuvei's Assured Funds, an insurance solution designed to protect businesses from potential losses caused by unauthorized, returned payments.
Ensures protection against unpaid transactions and fraud. We assume the risk and handle collections, letting you focus on business.
Guarantees funds on all returns, including unauthorized returns. Rapid merchant funding accelerates settlement and payment.
Prevent fraud and reduce returns with smart approval logic. We offer three validation levels for your unique business needs.
Enhanced security, real-time validation, and commercially reasonable bank account validation.
Powerful add-on that offers a deeper level of validation and greater fraud prevention.
Reduces administrative and NSF returns by providing the latest status of customer bank accounts.
Check 21+ is a cutting-edge payment solution that allows merchants to process paper checks electronically.
With this innovative technology, merchants can say goodbye to time-consuming trips to the bank and hello to faster, safer processing.
Discover Nuvei's seamless issuing payment solutions, including customizable physical and virtual cards, unified acquiring and issuing, and data-driven insights.
Just like a finely tuned race car, every marginal improvement in your payment processes can lead to big growth. Maximize your approval rates and revenue with Nuvei's issuing solution.
Elevate your brand with Nuvei’s customizable physical cards.
Put your brand in your customers’ wallets and give them ability to pay with your card for their day-to-day expenses.
Streamline vendor, consumer, and business payments with versatile virtual cards that cut costs and accelerate transactions.
Unify card issuing, acquiring, and settlement accounts on one seamless platform.
Maximize your revenue and make informed business decisions with Nuvei's data-driven insights.
Nuvei’s powerful reporting technology allows you to see holistic payments data and detailed transaction information—all on a single platform.
Propel your business to the front of the pack with Nuvei's custom tailored payments.
Our issuing solution enables you to benefit from simpler, faster customer payouts, innovative accounts payable features, and streamlined B2B travel.
Connect and customize with ease through Nuvei’s flexible API suite.
Get instant and insightful control over reporting, security, and global reach.
Boost your business with Nuvei's real-time payments. Experience seamless, instant transaction processing to enhance cash flow and stay compliant with secure payment solutions.
Enjoy quick, effortless transactions online or by phone, backed by our customizable fraud prevention and assured funds guarantee. Benefit from clear, detailed reporting for complete transparency.
Why wait? Experience lightning-fast fund transfers with our instant payment solutions. Streamline your financial operations with ease and speed and delight your customers.
Harness the power of instant, real-time payments with our global network of providers. Our expansive reach offers unparalleled bank and country coverage, keeping you at the forefront of the financial world.
Boost your revenue and provide exceptional convenience to customers worldwide, facilitating growth at the speed of now.
Embrace a world where intricate transaction processes are replaced by a streamlined, intuitive experience.
This shift promises not only higher conversion rates but also reduced processing costs, and a fortified security environment.
Experience cost-efficient, reliable, and fast bank transfers with Nuvei. Streamline your payment processing, elevate customer satisfaction, and boost conversion rates globally.
Meet the fast-paced needs of your organization with our rapid and instant payment options that pave the way for growth. Our Open Banking Technology and vast global partnerships offer a competitive edge. Every major market and network, all through a single integration.
Our bank transfer solutions give your customers the advantage of paying with their banking information, all within your regular checkout experience.
Say goodbye to confusing transaction flows and hello to higher conversion rates, lower processing costs, and enhanced security.
Our bank transfer solutions are designed with your customers' preferences in mind, offering them a broader range of payment options that cater to their diverse needs.
This not only simplifies transactions but also broadens your appeal to a wider audience, including those who prefer not to use credit cards or seek alternatives to traditional payment methods.
Step into a realm of unparalleled security with our zero chargeback solutions, designed to safeguard your business against fraud while securing your customers' sensitive data.
Our guaranteed solution assures that once a payment is made, it cannot be reversed by the payer. Unlike credit card payments which can be disputed by the cardholder, we make chargebacks a thing of the past.
Offer your customers a seamless payment experience while enjoying the benefits of lower processing fees compared to traditional credit card transactions.
This cost-effective solution not only makes payments more affordable but also enhances operational efficiency, allowing you to invest more in growing your business.
Get unmatched country and bank coverage with our extensive network of global providers. Stay ahead of the curve and expand your revenue streams. Delight your customers with unparalleled convenience no matter where they are.
Automated Clearing House (ACH), Real-time Payments (RTP®), FedNow
SEPA, SEPA Instant
Faster Payments, Pay with Bank Transfer
Interac®
Streamline your financial processes with Nuvei's Reconciliation Management. Automate and manage payment reconciliation effortlessly for improved accuracy and efficiency.
With a streamlined process, everything is faster, more accurate and less expensive to manage.
Automatically match and reconcile your payments across multiple service providers and data sources. We can connect, integrate and monitor any new method.
With a streamlined process, everything is faster, more accurate and less expensive to manage.
Nuvei Reconciliation Manager+ takes care of the entire process all the way from implementation to updates, and reporting.
Save more time, reduce customer support tickets, spot technical issues and save more money.
Master your payment operations with Nuvei's Payment Orchestration. Streamline and manage complex payment flows with our comprehensive tools for maximum control and insight.
Control and manage the entire payment process for optimal performance, sales and revenue.
Optimize and control your payment experience through the Control Panel of the Payment Orchestration hub.
Manage settings that can boost acceptance rates, increase security and reduce declines or capture more revenue.
Boost your transaction approval and authorization rates by managing online exemption submissions.
More detailed data points mean more authorizations, better security, and a personalized, seamless experience for your customers.
Convert more payments by avoiding declined transactions. From one dashboard, you can set and manage data-driven rules.
Advanced analytics power innovative transaction routing.
Nuvei chargeback management tools can prevent and eliminate potential chargebacks before they happen - and mitigate the damage of those that do.
Keep on top of business performance with a crystal-clear view of your payments data across all channels.
Sometimes all you need is a nudge in the right direction. Business Coach is there to highlight when you could be achieving higher sales or customer engagement.
Business Coach offers actionable tips and key business metrics to help grow your business.
Streamline your Web3 business with Nuvei's painless fiat-crypto conversion. Partner with us for seamless blockchain payment technologies and infrastructure to drive your crypto success.
Offering an unmatched range of services, we empower hundreds of partners to enable millions of people to buy billions of dollars in digital assets. We are the leading payment partner of over 450 leading exchanges, wallets, brokers, coins, NFT platforms and blockchain games.
Nuvei's fiat on-ramp and off-ramp provides a smooth experience for converting between fiat and cryptocurrencies. Accessible to both those with no blockchain experience and on-chain gaming experts through a single API.
Join hundreds of global businesses and discover the power of fiat-crypto conversion on demand delivered by fully licensed, publicly listed provider.
Stablecoins are becoming a true alternative form of payment to offer to merchants on top of more traditional payment methods.
We enable real-time stablecoin transactions, easy conversion between fiat and stablecoins, and comprehensive settlement services tailored to meet your needs.
One partnership for all your crypto business needs. Enable your blockchain assets for seamless onramps with 100+ fiat currencies, globally.
Accelerate transactions and enhance data accuracy, plus boost customer loyalty through our innovative crypto payment options. Experience the confidence of partnering with a provider that goes beyond fraud prevention to offer full-scale payment processing support.
Cryptocurrency payments broaden market access and lower costs by eliminating intermediaries, offering global reach with minimal transaction fees.
Crypto is transforming gaming, offering significant advantages. Larger transaction limits, quicker payouts, and enhanced security minimize the need to share banking information.
With lower fees and global fund access, cryptocurrencies offer convenience and signals innovation. Additionally, players can receive bonuses as incentives for using crypto, enriching their gaming experience.
Nuvei leads the move to Web 3.0, making your blockchain and Metaverse projects successful. With top partnerships and tools, we help you stand out.
Our approach gives users full control over their digital assets and privacy, boosting confidence in digital exploration.
Elevate the buying experience with Nuvei's embedded financial services. Discover seamless integration today and transform your revenue streams.
Keep customers within your ecosystem by adding financial services into your payment mix. Offer bank deposits and payouts, as well as cards and financing. Make it easier for customers to buy more, more often.
Expand your global reach and optimize transactions with Nuvei Business Accounts. Deliver real-time funds access, lower fees, and seamless integration to enhance efficiency and financial control.
Streamline your financial operations with Nuvei as your single partner for acquiring, issuing, and banking services.
Elevate your brand and streamline payments with Nuvei’s customizable physical and virtual cards, offering seamless and secure transactions across all channels.
We take care of all the back-office complications including card scheme approval, global regulatory compliance, technical setup and card manufacturing.
Your business moves fast. Make sure your financing can, too.
Access funds quickly to achieve your goals and seize more opportunities. No banks or red tape involved.
Grow your business with industry-leading buy now, pay later options. Get paid upfront while offering customers flexible payment terms.
Make it easier for your customers to get what they need right now. Best of all, it's integrated seamlessly into the checkout experience.
Mitigate chargeback risks with Nuvei's effective resolution services. Streamline dispute processes, reduce fraudulent claims, and protect your revenue with our advanced tools.
Prevent the majority of would-be chargebacks before they materialize. Transactions are protected with pre-chargeback mitigation, smart fraud-screening, alerts and communications.
Reduce the costs of disputes and chargebacks with Nuvei Chargeback Resolve. Every chargeback actioned is centralized and managed through Nuvei’s Control Panel. The whole process maximizes transparency and efficiency.
Control disputes or chargebacks quickly and easily with integrated solutions from Visa and Mastercard.
Facilitate global commerce with Nuvei's Currency Management. Simplify FX transactions, enhance payment flexibility, and offer customers native currency options for improved satisfaction.
Whether your customers want to do business with you online or in-store, we make it easier to do business with and encourage return visits.
According to Insider Intelligence’s Global eCommerce report, 92% of customers prefer to buy from sites that price items in their local currency.
Make buying simple and frictionless for customers while receiving settlement and reporting in your domestic currency.
By offering customers pricing in their domestic currency, you can make card purchasing transparent and trustworthy while earning a percentage commission.
Protect your business with Nuvei's Fraud & Risk Management solutions. Minimize threats and secure data while maintaining a smooth customer experience.
From advanced fraud detection to industrial grade tokenization and KYC, Nuvei protects you and your customers.
Transaction data is our greatest weapon in the fight against fraud. Crush false positives with a powerful set of customizable tools without compromising customer experience.
Replacing sensitive data with a secure token means faster and more secure payments that can help create a better customer experience.
Through a combination of our agnostic and network tokenization features, we offer one of the most flexible and complete solutions in the market.
We recognize the need for the highest security available to protect you and your customers. In compliance with PCI Data Security Standards, we have met and surpassed all requirements set forth as a Level 1 Service Provider.
Our technology and expert staff can help you reduce risk, chargebacks and simplify PCI DSS compliance.
Optimize payment authorizations across every channel. Boost your approval rates by up to 5 points, reduce declines, and recover revenue with intelligent routing and retry.
Nuvei Optimize is your always‑on optimization engine. It quietly improves your conversions, reduces declines and recovers revenue at every stage of the transaction journey. Activate only the modules that match your strategy—so you’re always getting smarter, more efficient payments.
By optimizing your authentication strategy up front, you can balance security with speed, especially in markets with evolving regulations. Smarter authentication means your customers sail through checkout while you keep regulators and issuers happy.
Get the most out of every payment with intelligent routing that matches transactions to the best‑performing bank, network or local scheme. It’s orchestration that does the hard work for you, so you see more approvals without lifting a finger.
This is where approvals happen—or don’t. You maximize success by making transactions cleaner, more complete and easier for issuers to approve. When every detail counts, you’ll benefit from precision and smart enrichment.
Not every payment goes through the first time. With Nuvei Optimize, failed transactions don’t mean failed revenue. Retry tools quietly re‑attempt declined payments, switch banks or offer a fallback method—all without disrupting your customer’s experience.
Stay in control of your performance with the data, tools and expert support needed to keep things moving forward—even as the payment landscape evolves. Real‑time insights and hands‑on guidance help you make data-driven decisions, quickly.
Nuvei Corporation (Nasdaq: NVEI) (TSX: NVEI), today reported its financial results for the third quarter ended September 30, 2021
Nuvei reports in U.S. dollars and in accordance with International Financial Reporting Standards (“IFRS”)
MONTREAL, November 9, 2021 – Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the global payment technology partner of thriving brands, today reported its financial results for the third quarter ended September 30, 2021.
“We achieved a number of significant milestones in the third quarter including financial results that exceeded the outlook previously provided, releasing new innovative product solutions, growing our portfolio of alternative payment methods (“APMs”), announcing several exciting new customer wins, and completing three acquisitions that enhance and expand our addressable market, product capabilities, and geographic footprint,” said Philip Fayer, Nuvei’s Chair and CEO. “The third quarter also marked our one year anniversary as a public company trading on the Toronto Stock Exchange, which was followed by our successful initial public offering in the United States on the Nasdaq in early October. I want to thank the entire Nuvei team for their tireless contributions and for making all of this possible. Looking at the business, our performance is driven by our unrelenting focus on helping our customers connect further with their customers regardless of country, currency, or payment type through our single integrated platform. We continue to experience significant momentum in the business and are well-positioned for sustainable and profitable growth. We are proud of our results and raising our financial outlook for the full year 2021 and reiterating our previously announced medium and long-term growth targets.”
For the three months and the year ending December 31, 2021, Nuvei anticipates total volume(1), revenue and Adjusted EBITDA(2) to be in the ranges below. Considering the strong performance during the three months ended September 30, 2021, where Nuvei exceeded the previously anticipated revenue and Adjusted EBITDA(2) outlook, as well as continuing momentum in the business, management is raising the financial outlook for the year ending December 31, 2021. The updated financial outlook and specifically the Adjusted EBITDA(2) reflects the Company’s strategy to accelerate its investment in distribution, marketing, innovation, technology as well as the infrastructure resulting from the recent acquisition of Mazooma. The Company expects these investments will support its growth plan. The financial outlook also includes the recently completed acquisitions of Simplex and Paymentez.
The financial outlook is fully qualified and based on a number of assumptions described under the heading “Forward-Looking Information” of this press release. Nuvei’s outlook also constitute “financial outlook” within the meaning of applicable securities laws and is provided for the purposes of assisting the reader in understanding the Company’s financial performance and measuring progress toward management’s objectives and the reader is cautioned that it may not be appropriate for other purposes.
Nuvei’s medium-term(3) annual growth targets for total volume(1) and revenue, as well as its longer-term target for Adjusted EBITDA margin(2), are shown in the table below. The Company expects to achieve its medium(3) and long-term(3) targets through continuing momentum and performance of its core business driven by geographic expansion, product innovation, growing wallet share with its existing merchant customers, new merchant customer wins through its direct sales channel and growing sales pipeline, and the favorable tailwinds of the industries it serves.
(1) Total volume does not represent revenue earned by the Company, but rather the total dollar value of transactions processed by merchants under contractual agreement with the Company. Total volume is explained in further detail in the Company’s most recent Management’s Discussion and Analysis of Financial Condition and Results of Operations.
(2) Adjusted EBITDA, Adjusted EBITDA margin and Adjusted net income are non-IFRS measures. See “Non-IFRS Measures”.
(3) “Medium-term” and “long term” have not been defined by Nuvei nor does Nuvei intend to define them. These targets should not be considered as projections, forecasts or expected results but rather goals that may result from the execution of our strategy. These growth targets are fully qualified and based on a number of assumptions described under the heading “Forward-Looking Information” of this press release.
Nuvei will host a conference call to discuss its third quarter 2021 financial results today November 9, 2021 at 8:30 am ET. Hosting the call will be Philip Fayer, Chair and CEO, and David Schwartz, CFO.
The conference call will be webcast live from the Company’s investor relations website at https://investors.nuvei.com under the “Events & Presentations” section. A replay will be available on the investor relations website following the call.
The conference call can also be accessed live over the phone by dialing 877-425-9470 (US/Canada toll-free), or 201-389-0878 (international). A replay will be available one hour after the call and can be accessed by dialing 844-512-2921 (US/Canada toll-free), or 412-317-6671 (international); the conference ID is 13724346. The replay will be available through Tuesday, November 23, 2021.
We are Nuvei (Nasdaq: NVEI) (TSX: NVEI), the global payment technology partner of thriving brands. We provide the intelligence and technology businesses need to succeed locally and globally, through one integration – propelling them further, faster. Uniting payment technology and consulting, we help businesses remove payment barriers, optimize operating costs and increase acceptance rates. Our proprietary platform provides seamless pay-in and payout capabilities, connecting merchants with their customers in 204 markets worldwide, with local acquiring in 45 markets. With support for over 500 local and alternative payment methods, nearly 150 currencies and 40 cryptocurrencies, merchants can capture every payment opportunity that comes their way. Our purpose is to make our world a local marketplace.
For more information, visit www.nuvei.com
Nuvei’s unaudited condensed interim consolidated financial statements have been prepared in accordance with IFRS as issued by the International Accounting Standards Board. The information presented in this press release includes non-IFRS financial measures, namely Adjusted EBITDA, Adjusted EBITDA margin, Adjusted net income, Adjusted net income per basic share, and Adjusted net income per diluted share. These measures are not recognized measures under IFRS and do not have standardized meanings prescribed by IFRS and are therefore unlikely to be comparable to similar measures presented by other companies. Rather, these measures are provided as additional information to complement IFRS measures by providing further understanding of the Company’s results of operations from management’s perspective. Accordingly, these measures should not be considered in isolation nor as a substitute for analysis of the Company’s financial information reported under IFRS. Adjusted EBITDA, Adjusted EBITDA margin, Adjusted net income, Adjusted net income per basic share, and Adjusted net income per diluted share are used to provide investors with a supplemental measure of the Company’s operating performance and thus highlight trends in Nuvei’s core business that may not otherwise be apparent when relying solely on IFRS measures. The Company’s management also believes that securities analysts, investors and other interested parties frequently use non-IFRS measures in the evaluation of issuers. Nuvei’s management also uses non-IFRS measures in order to facilitate operating performance comparisons from period to period, to prepare annual operating budgets and forecasts and to determine components of management compensation. The Company’s management believes Adjusted EBITDA, Adjusted EBITDA margin, Adjusted net income, Adjusted net income per basic share and Adjusted net income per diluted share are important supplemental measures of Nuvei’s performance, primarily because they and similar measures are used widely among others in the payment technology industry as a means of evaluating a company’s underlying operating performance. See the “Non-IFRS Measures” section of our management’s discussion and analysis for a description and reconciliation of these measures.
This press release contains “forward-looking information” within the meaning of applicable securities laws, including Nuvei’s outlook on total volume, revenue and Adjusted EBITDA for the three months and the year ending December 31, 2021 as well as medium and long-term targets on Total volume, Revenue and Adjusted EBITDA. In some cases, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “targets”, “expects” or “does not expect”, “is expected”, “an opportunity exists”, “budget”, “scheduled”, “estimates”, “outlook”, “forecasts”, “projection”, “prospects”, “strategy”, “intends”,“anticipates”, “does not anticipate”, “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might”, “will”, “will be taken”, “occur” or “be achieved”, the negative of these terms and similar terminology. In addition, any statements that refer to expectations, intentions, projections or other characterizations of future events or circumstances contain forward-looking information. Statements containing forward-looking information are not historical facts but instead represent management’s expectations, estimates and projections regarding future events or circumstances. Nuvei’s outlook and targets, as the case may be, on revenue, Adjusted EBITDA and Adjusted EBITDA margin also constitutes “financial outlook” within the meaning of applicable securities laws and is provided for the purposes of assisting the reader in understanding the Company’s financial performance and measuring progress toward management’s objectives and the reader is cautioned that it may not be appropriate for other purposes. Forward-looking information involves known and unknown risks and uncertainties, many of which are beyond the Company’s control, that could cause actual results to differ materially from those that are disclosed in or implied by such forward-looking information. These risks and uncertainties include but are not limited to those described under the “Risks Factors” section of the Company’s annual information form filed on March 17, 2021. Forward-looking information is based on management’s beliefs and assumptions and on information currently available to management. Particularly, management’s assessments of, outlook for, and targets for, total volume, revenue, Adjusted EBITDA and Adjusted EBITDA margin set out herein are generally based on the following assumptions: (a) Nuvei’s results of operations will continue as expected, (b) the Company will continue to effectively execute against its key strategic growth priorities, despite the current COVID-19 pandemic and measures taken to contain the virus, (c) the Company will continue to retain and grow its existing customer base while adding new customers, (d) the Company will not complete any acquisitions or divestitures (e) economic conditions will remain relatively stable throughout the period, (f) the industries Nuvei operates in will continue to grow consistent with past experience, (g) there will be no fluctuations in currency exchange rates and volatility in financial markets, (h) there will be no material changes in legislative or regulatory matters, and (i) current tax laws will remain in effect and will not be materially changed. Although the forward-looking information contained in this press release is based upon what management believes are reasonable assumptions, you are cautioned against placing undue reliance on this information since actual results may vary from the forward-looking information. Unless otherwise noted or the context otherwise indicates, the forward-looking information contained in this press release is provided as of the date of this press release, and the Company does not undertake to update or amend such forward-looking information whether as a result of new information, future events or otherwise, except as may be required by applicable law.
Investors
Anthony Gerstein
Vice President, Head of Investor Relations
anthony.gerstein@nuvei.com
(in thousands of U.S. dollars except for shares and per share amounts)
(In thousands of U.S. dollars)
This milestone enables Nuvei's partners and merchants to benefit from Ingenico's advanced new line of payment devices on Nuvei’s powerful processing platform
MONTREAL, January 22, 2019 – Nuvei, a leading provider of global fintech solutions and the first-ever community of payment experts, has announced it has completed certification to the new Telium Tetra suite of smart terminals from Ingenico Group in Canada. This milestone enables Nuvei’s partners and merchants to benefit from Ingenico’s advanced new line of payment devices on Nuvei’s powerful processing platform.
The Tetra certification rolls out on Nuvei’s proprietary front-end authorization platform and presents a state-of-the-art, PCI compliant solution for standalone or integrated merchant environments. It also marks the launch of Nuvei’s fully redesigned POS terminal interface. The combined solution is aimed at improving ease of use, dependability and flexibility across multiple business settings, while offering the highest level of security at the point-of-sale.
Nuvei’s front-end acquiring switch provides direct connectivity with major credit card brands and Interac for secure and reliable authorization, processing and bankcard settlement. The company’s in-house team also developed and maintains the next-generation terminal’s core payment application and provides direct integration support to its ISV and VAR partners.
“Ingenico is pleased that Nuvei has adopted the new Telium Tetra platform for deployment in Canada,” said Richard Giannini, senior vice president of product development at Ingenico Canada. “The new platform seamlessly integrates payments with easily deployable business applications. This will allow Nuvei merchants to provide additional services to their customers in the constantly evolving retail environment.”
“It’s crucial for Nuvei’s clients to have access to the latest payment technology. The Tetra certification allows us to bring a superior transaction experience to merchants and their customers,” said Philip Fayer, Nuvei’s chairman and CEO. “In addition to offering the most advanced hardware and software solutions, we are constantly enhancing the capabilities of our front-end platform, allowing us to further add value to the payments ecosystem. This not only encourages adoption of newer payment technologies in the Canadian marketplace, it’s an important driver for our reseller and integrated partnerships.”
Initial hardware roll-out includes Ingenico’s Desk/5000 countertop model and the Move/5000 model for payments on-the-go.
Ingenico Group (Euronext: FR0000125346 – ING) is the global leader in seamless payment, providing smart, trusted and secure solutions to empower commerce across all channels, in-store, online and mobile. With the world’s largest payment acceptance network, we deliver secure payment solutions with a local, national and international scope for our customers. We are the trusted world-class partner for financial institutions and retailers, from small merchants to several of the world’s best known global brands. Our solutions enable merchants to simplify payment and deliver their brand promise.
We are Nuvei, the first-ever community of payment experts. We provide fully-supported payment solutions designed to promote and advance our partners’ success. We work with ISOs, ISVs, payment facilitators, developers, and eCommerce platforms, supporting them with the technology, expertise, and customer service they need to stand out. Backed by our full-service, globally connected platform, our vision is to build a network in which our partners can truly thrive. Our goal is to create bigger and better payment opportunities for all, paving the way to great partnerships. Learn more at www.nuvei.com
With local acquiring across 50+ markets Nuvei delivers unparalleled coverage, expanding its infrastructure for every payment, everywhere.
MEXICO CITY, April 21, 2026 – Nuvei, the global fintech building the infrastructure for every payment, everywhere, today announced the launch of direct acquiring in Mexico, enabling businesses to process card transactions locally through Nuvei’s own licensed infrastructure.
The launch marks the latest step in Nuvei's strategy to operate directly inside domestic payment ecosystems, giving businesses the ability to improve approval rates, increase visibility into transaction data, and reduce the complexity of managing payments across markets, all through a single platform.
Phil Fayer, Chair & CEO of Nuvei, said: "Commerce is global, but payment performance is local. Our direct acquiring expansion into Mexico advances our Every Payment Everywhere strategy — building infrastructure inside domestic payment ecosystems so customers can scale globally while performing like a local.”
Mexico represents one of the fastest-growing digital commerce markets globally. Its payments ecosystem processed more than $676 billion in transaction volume in 2024, while eCommerce reached approximately $97 billion, making it the second-largest online market in Latin America. Growth is expected to accelerate further, with eCommerce projected to expand at a compound annual rate of 24% through 2027.
Yet, despite its scale, Mexico remains a complex payments market, where local payment methods, regulatory requirements, and uneven financial access continue to shape how transactions perform. Approval rates, fraud outcomes, and customer experience are determined not by global reach, but by how payments are processed within the domestic ecosystem.
Improving payment performance through a complete local ecosystem
Nuvei now processes card transactions in Mexico through direct integrations with domestic infrastructure and global card networks, removing reliance on intermediary acquiring partners and reducing the number of payment relationships businesses need to manage across markets.
Processing locally gives businesses access to complete, real-time transaction data, enabling more precise fraud detection, stronger authorization performance, and more consistent customer experiences. By handling transactions within the domestic ecosystem, businesses benefit from improved approval rates, greater visibility into payment performance, and more control over how transactions are managed at the point of payment.
This local acquiring capability forms the foundation of Nuvei’s broader offering in Mexico. Through a single integration, businesses can also access highly adopted local payment methods such as OXXO Pay and SPEI, alongside payouts, risk management, and real-time reporting.
By bringing these capabilities together on one platform, Nuvei enables businesses to expand payment coverage while simplifying how they operate. Instead of managing multiple acquiring relationships, integrations, and reporting environments across markets, businesses can access local acquiring, alternative payment methods, payouts, and risk management through a single connection. This reduces operational overhead, improves visibility, and allows companies to scale internationally without increasing the complexity of their payments stack.
Building infrastructure for every payment, everywhere
Mexico is part of a broader strategy: building infrastructure within domestic ecosystems, not around them, so customers remain locally connected in each market while operating globally through a single platform. Nuvei now holds local acquiring licenses in 52 markets and supports more than 720 alternative payment methods globally. Recent expansions in Canada and Colombia follow the same approach, establishing direct connections to domestic payment ecosystems to improve authorization performance, increase data visibility, and reduce operational complexity.
Mexico represents the continuation of that model: infrastructure built locally, designed to perform in-market, and scaled globally.
A long-term investment in market infrastructure
Securing a local acquiring license requires regulatory approval, domestic connectivity, and sustained investment in local operations. It signals something more than market access — long-term participation and accountability.
As more providers seek to serve high-growth regions through cross-border models, Nuvei's approach is different: build the infrastructure inside each market, not above it. That means combining global reach with in-market expertise, regulatory alignment, and direct connectivity to domestic payment systems, across a broad footprint of markets.
About Nuvei
Nuvei is the global fintech building the infrastructure for every payment, everywhere. Its modular,flexible, and scalable technology enables leading companies to accept next-generation 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 52 markets, 150 currencies, and over 720 alternative payment methods, Nuvei provides the technology and insights for customers and partners to succeed locally and globally through one integration.
For more information, visit www.nuvei.com
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Public Relations
Selection driven by Nuvei’s extensive local payment coverage and pan-European reach
MONTREAL, February 24, 2026 – Nuvei, the global fintech providing the infrastructure for every payment, everywhere, today announced that it has been selected by MediaMarktSaturn to support online marketplace payments across its European markets.
MediaMarktSaturn is Europe’s leading retailer of consumer electronics and related services, serving millions of customers across multiple countries through its MediaMarkt and Saturn brands. The company combines strong local market presence with its online shops and a growing digital marketplace model, connecting customers with a broad ecosystem of brands and sellers across Europe through its online channels.
The partnership, which focuses on MediaMarktSaturn’s digital marketplaces, enables localized, high-conversion payment experiences for customers and sellers across Europe. Nuvei provides MediaMarktSaturn with access to a broad range of locally preferred payment methods through a single, scalable payments platform.
“For large online marketplaces, payments are not just a transaction layer, they are a growth enabler,” said Philip Fayer, Chair and CEO of Nuvei. “MediaMarktSaturn operates at significant scale across a highly-fragmented European payments landscape. Our ability to support local payment preferences across markets, combined with our international reach, service model, and strong focus on complex B2B commerce, made Nuvei a natural partner for their online marketplace strategy.”
Nuvei offers an extensive portfolio of local payment methods (LPMs), including global wallets such as Apple Pay and Google Pay, and leading European methods such as Klarna, Wero, BLIK, Bizum, and others. This breadth enables MediaMarktSaturn to offer customers familiar and trusted payment options in each local market, improving conversion and reducing checkout friction across its online platforms.
In addition to its LPM coverage, MediaMarktSaturn selected Nuvei for its broad international market reach, deep local acquiring capabilities, and enterprise-grade service and support. Nuvei’s platform is designed to meet the needs of large, multi-market businesses, enabling centralized management while maintaining local optimization across countries and payment methods.
“Supporting our online marketplaces across Europe requires payments infrastructure that is both locally relevant and operationally consistent,” said Christian Kollesch, Vice President and CEO of MediaMarktSaturn Marketplace. “Nuvei’s coverage, service capabilities, and experience supporting complex, cross-border marketplace environments give us the flexibility and reliability we need as we continue to scale our digital business.”
The partnership further strengthens Nuvei’s position as a trusted payments partner for large enterprise retailers and online marketplaces operating across Europe’s diverse and evolving payments ecosystem.
Nuvei is building the infrastructure for every payment, everywhere. Its modular, flexible, and scalable technology enables leading companies to accept next-generation 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 over 720 alternative payment methods, Nuvei provides the technology and insights that help customers and partners succeed locally and globally through one integration.
For more information, visit Nuvei's website.
Contact:
Public Relations
Global partnership commences with rollout of Tripleseat PartyPay in the UK, Canada, Australia and Europe
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
1 Hospitality Market Size, Competitors & Forecast to 2029
2 United Kingdom Hospitality Market Size, Trends & Forecast 2032
4 Contract Catering Market Size, Share & Forecast to 2029
5 Report Enquiry For Download Sample - Verified Market Research
Discover how Vakatrip's strategic partnership with Nuvei drives a 20% increase in conversion rates.
MONTREAL, July 31, 2023 – Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today that it has been selected by VakaTrip, a leading online travel booking platform that aggregates data from over 80 budget airlines, as its payments partner to support its international expansion.Based in China, VakaTrip is leveraging Nuvei’s global reach, including its local acquiring capabilities in 47 countries, to optimize card payment acceptance from its international customer base. This includes optimized settlement to enable smooth and efficient fund transfer, and best-in-class risk management solutions to secure transactions and minimize fraud.
Nuvei’s ubiquitous access to over 600 alternative payment methods, available through a single integration, is also enabling VakaTrip to offer all the relevant payment methods to its customers, in every market that it operates.
Since partnering with Nuvei, VakaTrip has witnessed substantial improvements in its business performance. Conversion rates for successful payments have increased by 20%, and VakaTrip has achieved a 15% reduction in total payment costs, optimizing payments performance further.
Muwa Yang, CEO of Vakatrip, commented on the announcement: “VakaTrip prides itself on its commitment to customer service, and is known for its efficient and convenient booking services for hotels and airlines. By utilizing Nuvei’s market-leading payments technology, Vakatrip is ensuring its customers enjoy a frictionless payment experience.
”Muwa Yang continued: “Nuvei is our trusted partner, supporting us as more than just a payment processor. They are the foundation of our connection with consumers.”
“We’re delighted to expand our partnership with VakaTrip to support its international expansion and accelerate its growth”, added Philip Fayer, CEO and Chair of Nuvei. “We’ve already started to see the results of VakaTrip’s utilization of our technology to optimize its payments. We look forward to maximizing revenues for VakaTrip as our partnership continues.”
About VakaTrip
Since 2018, VakaTrip has been steadily building the capabilities in aggregating and providing quality and competitive airline content to its B2B and B2C partners. In particular, it has built a reputation for aggregating directly connected content that offers accessibility, stable connectivity, and greater depth in air content, especially Low Cost Carrier content, globally.
VakaTrip now processes over 150,000 air bookings per month and 550 million search queries each day. Based on the self-developed multi-supply system, VakaTrip leverages the strength in air content aggregation to offer the most competitive fare and route solutions for customers.
About Nuvei
Nuvei (Nasdaq: NVEI) (TSX: NVEI) is the Canadian fintech company 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 47+ markets, 150 currencies and more than 600 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
Investor Relations
Six-week integration of a typically six-month project strengthens member experience across in-gym and digital channels in time for the New Year fitness surge
MONTREAL, February 17, 2026 – Nuvei, the global fintech providing the infrastructure for every payment, everywhere, today announced a new partnership with Nautilus Plus, one of Quebec’s premier fitness brands, to power its full omnichannel payments experience across its gym network and its integrated digital platform, Ultime Fit.
Nautilus Plus has built a loyal community through its holistic approach to health and wellness in Canada. Its gyms across Quebec offer professional support with university-educated trainers and nutritionists, as well as other services, such as osteopathy and physiotherapy, and its well-known Boomerang membership that rewards members for staying active. Ultime Fit extends the experience digitally through high-quality workout videos and programs, nutritionist-approved recipes and meal plans, and audio meditation and running sessions giving members a complete wellness platform that travels with them.
After facing limited flexibility and support challenges with its previous provider, Nautilus Plus selected Nuvei to deliver a unified and more reliable solution across both in gym transactions and digital payments. While integrations of this scope typically require at least six months, the Nuvei and Nautilus teams completed the end-to-end implementation in just six weeks.
Phil Fayer, Chair and CEO of Nuvei, said the speed of delivery reflects a shared focus on improving member experiences. “The Nautilus Plus team knew exactly what they wanted for their members and their business. Their clarity helped our teams move in lockstep from the first meeting. Delivering a fully omnichannel integration at this pace is extremely rare, and it shows what is possible when both teams are equally committed and aligned. We are proud to support a Canadian brand that brings real innovation and meaningful lifestyle change to the fitness community.”
With Nuvei’s platform, Nautilus Plus and Ultime Fit now offer a consistent and streamlined omnichannel payment experience across point of sale, mobile and online channels. Funding is faster and more predictable. Billing and reconciliation processes are unified. New members can join and engage across the entire ecosystem with less friction, positioning Nautilus Plus for the annual surge of Canadians investing in their fitness at the start of the year.
Martin Légaré, President and CEO at Nautilus Plus, said the partnership is already delivering value. “Our commitment is to help people transform their lives through fitness. Whether someone is training in one of our gyms or following a program on Ultime Fit, the experience needs to feel seamless from the moment they join. Nuvei understood that right away. Their professionalism, flexibility and speed gave us confidence from day one, and the fact that they delivered such a complex omnichannel integration in just six weeks confirmed we made the right choice. Partnering with another Canadian company that shares our values and focus on member experience has made this an exceptional fit.”
As Nautilus Plus continues expanding its footprint and enhancing both physical and digital offerings, Nuvei’s payments infrastructure provides a scalable foundation for long term growth.
About Nautilus Plus
Nautilus Plus is a leading Quebec-based fitness brand offering gym facilities, personal training, nutrition services and its innovative Boomerang rewards membership. For 48 years, the company has focused on transforming members’ lives through evidence-based fitness and wellness, supported by university-educated professionals. Ultime Fit is its digital platform, offering video workouts and programs, nutrition recipes and plans, to support a complete wellness journey.
About Nuvei
Nuvei is building the infrastructure for every payment, everywhere. Its modular, flexible, and scalable technology enables leading companies to accept next-generation 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 over 720 local payment methods, Nuvei provides the technology and insights that help customers and partners succeed locally and globally through one integration.
For more information, visit www.nuvei.com
Contact:
Public Relations
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