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 payments swiftly and cost-effectively with Nuvei’s virtual card.
Combine card issuing with acquiring and settlement accounts, all on one platform.
Optimize your cash flow with the precision of a pit crew, supporting your business to lap the competition.
Unlike other card issuers, Nuvei’s unified payments platform bridges your acquiring and card issuing, ensuring funds flow seamlessly across your business without any delays.
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.
Drive smarter decisions with Nuvei's Analytics Dashboard. Access holistic payment data and detailed transaction insights on a single platform for improved business outcomes.
Integrate with our global data hub to maximize potential revenue. Automate data and report distribution to optimize your transactions.
Access your payment activities and manage your merchant account data across all channels. Deep-dive into analytics, including traffic optimization, leading to higher approval rates and revenues
Real-time reports, processing comparisons, and case management all help identify opportunities to increase revenue and reduce lost sales.
Convert more payment transactions through data-driven rules and innovative routing powered by advanced analytics.
Run reports and optimize payments from one central dashboard.
Designed to scale with your business, Nuvei’s Control Panel is ideal for accommodating growth and evolving requirements without loss of performance.
With robust security built in, rest assured sensitive business and customer data is protected.
Smooth our your customer journey with intelligent exemption selections.
Our proprietary and powerful engine identifies the exemption types most likely to gain approval, ensuring a hassle-free experience for your customers.
Increase revenue, plus save time and money by automating your data streams. Get more control over fees, deposits, withdrawals, account balances and chargebacks.
Plus, get timely, meaningful information that allows you to stay ahead of the competition. For wherever business takes you next.
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.
oost your transaction approval rates with Nuvei's Authorization Optimization. Benefit from advanced analytics and tailored strategies to enhance payment success and revenue.
Just like driving a finely tuned race car, every small improvement made adds up to significant gains. Maximize approval rates and revenue with features designed to guide every payment from checkout to completion.
Discover the future of optimized commerce with our AI-powered intelligent authorization solutions.
Fire up your revenue engine by boosting authorization success rates through our pre-transaction optimization tools.
Direct transactions intelligently to different banks. Increase sales and conversion rates by improving the chance of successful payment.
Generate more revenue and higher approvals by enabling virtually limitless routing possibilities. Every major payment service and gateway is supported.
Dive into a world where every transaction parameter is meticulously adjusted and optimized. Leverage artificial intelligence to ensure a smooth and successful checkout experience.
Watch your conversion rates soar as we intelligently re-attempt transactions to secure success.
Elevate your payment strategy with insight-driven authorizations. With AI-driven tools built into our analytics suite, leverage the data you need for every transaction and authentication flow.
Steer your transaction traffic towards smoother roads and higher approval rates. Tailored insights mean you're in the driver's seat, accelerating towards optimized authorizations and financial performance.
Stay updated with Nuvei's Q3 earnings call time change. Mark your calendars and join us for crucial insights.
MONTREAL, November 2, 2023 – Nuvei Corporation (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, today announced that, to better accommodate schedules, it will be moving the third quarter 2023 earnings conference call 30 minutes earlier to begin at 8:00 am ET on Wednesday, November 8, 2023.Nuvei plans to release its third quarter 2023 financial results along with a shareholder letter prior to the conference call. Hosting the earnings conference call at 8:00 am ET on Wednesday, November 8, 2023, 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 13740869. The replay will be available through Wednesday, November 22, 2023.
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 634 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.
Nuvei Investor Contact: IR@nuvei.com
Discover how KoreConX's partnership with Nuvei revolutionizes payments on its investment platform.
MONTREAL and NEW YORK, November 1, 2023 – Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today that it has been selected by KoreConX, a leading infrastructure technology platform that enables individuals to invest in private companies with regulated intermediaries, as its primary payments partner.
Through its global partnership with Nuvei, private businesses based in the U.S. that are connected to the KoreConX infrastructure platform can accept SEC-compliant investments from as little as $50 via card payments and account-to-account transactions. Nuvei’s international reach connects these businesses to potential retail investors wherever those investors are located.
In addition to investors and businesses, the KoreConX technology infrastructure connects broker-dealers, FINRA registered funding platforms, Marketplaces ATS and auxiliary investment services to the private investment sector. KoreConX’s partnership with Nuvei enables all parties in the ecosystem, including businesses and investors, to interact on a modern scalable payments technology infrastructure that is fully capable of streamlining compliant investor transactions.
The market for investment in private companies has grown exponentially since the introduction of the Jumpstart Our Business Startups (JOBS) Act in 2012, which eased the requirements for private businesses and entrepreneurs to raise capital following the 2008 financial crisis to boost economic growth. Many industry participants reacted to the new legislation by creating inefficient and non-compliant solutions that have fallen outside SEC regulations and been subject to redemptions and fines. KoreConX is the first infrastructure platform that is fully compliant with SEC regulations.
KoreConX CEO and Co-Founder Oscar A. Jofre commented on the announcement: “KoreConX is democratizing investment in private companies, enabling individuals to invest alongside institutions safely, securely, and compliantly for the first time. In 2012 this wasn’t possible at all; today the market cap for this industry is billions of dollars and still rapidly accelerating. But trust is everything, and KoreConX is leading the way in offering a mechanism for investing that is compliant with SEC regulations.”Jofre continued: “We needed a payments partner with capabilities that extend beyond our requirements from a technology, reach, and customer services standpoint. It was also critical to find a payments partner with a deep understanding of our business, and that could supplement that level of trust and comfort in the eyes of investors that underpin our platform. We’re delighted to have found a partner in Nuvei that exceeded our expectations across all of these important mandates.”
Nuvei Chair and CEO Philip Fayer added: “We’re excited to partner with KoreConX as it reshapes the investing landscape for private businesses. Facilitating SEC-compliant investments for entrepreneurs and private businesses is a game-changer for democratizing investing.”
About KoreConX
Founded in 2016, KoreConX is the first secure, All-In-One platform that manages private companies’ capital market activity and stakeholder communications. With an innovative approach and to ensure compliance with securities regulations and corporate law, KoreConX offers a single environment to connect companies to the capital markets and now secondary markets. Additionally, investors, broker-dealers, law firms, accountants and investor acquisition firms, all leverage our eco-system solution.
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 634 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
Nuvei and American Express streamline payments for merchants and customers. Dive in for a smoother transaction journey.
MONTREAL, November 2, 2023 – Pay with Bank transfer, powered by American Express (“PwBt”), announces it has selected Nuvei Corporation (“Nuvei”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, as its first acquirer authorised to promote and sell PwBt’s Open Banking-enabled payment method.
The innovative payment method enables consumers to complete transactions seamlessly from their bank accounts, without having to enter card details or complete additional authentication checks. For merchants, PwBt delivers a frictionless payment where funds are reconciled instantly, with attractive processing fees. Nuvei will be promoting PwBt to both existing and prospective UK merchants, supporting them with the integration of the Open Banking payment method into their ecommerce platforms.
In the UK, more than seven million consumers are making payments directly from their bank accounts that are powered by Open Banking. Companies in the travel and utility sectors have been early adopters, with the security benefits of PwBt making it an attractive option for high value, one off payments, such as holidays, and seamless and instant bill payments.
Nuvei customers will be able to integrate PwBt directly into their online checkout through their existing connection to Nuvei technology. Nuvei’s agile and customizable full stack payments solution enables online businesses to optimize their checkouts and back-end payments flow through one connection, streamlining relationships and giving a single view of all payments data from all customer transactions.
Philip Fayer, Nuvei Chair and CEO, commented: “We’re proud to be offering Pay with Bank transfer to our merchant partners to help them meet growing customer demand for efficient, secure payment options. “Our mission is to enable our customers to get closer to their customers through payments, wherever they are and however they want to pay. Powered by American Express, but available to anyone with a UK bank account, we know Pay with Bank transfer goes above and beyond to ensure a secure, yet frictionless, service that is available to everyone, and we’re delighted to be working together to bring these benefits to a new customer base.”
Holly Coventry, Vice President, International Open Banking Payments, said: “In today’s digital-first world, consumers are looking for simple and secure ways to make payments. Merchants that recognise this are seeing stronger conversion numbers and reduced cart abandonment. “The partnership with Nuvei will help us bring PwBt to more merchants, addressing these pain points and offering them a host of other benefits such as instant reconciliation and attractive processing fees. “This will help ramp up more widespread consumer adoption as the more frequently they’re given the option to use Open Banking payments, the more they will begin to trust and understand the benefits.”
All Nuvei partners that sell to consumers in the UK can now instantly integrate PwBt. The technology is powered by American Express but open to everyone with a UK bank account, meaning that customers can benefit from the frictionless payment method and enjoy American Express’ bank-level security.
Diving deeper into exploring what needs to happen to fully realise the potential of Open Banking payments from entering the mainstream, Nuvei and American Express are publishing a co-authored whitepaper: Reaching the tipping point: What needs to happen to realise the potential of Open Banking payments. The whitepaper examines consumer attitudes, awareness and understanding of Open Banking payments, and explores the factors which could be influencing or inhibiting merchant adoption.
Reaching the tipping point: What needs to happen to realise the potential of Open Banking payments is available to download now.
About American Express Pay By Bank Transfer
Pay with Bank transfer allows consumers to pay online or instore directly from their bank account. It unlocks the potential of open banking to deliver financial and processing benefits to merchants, while offering their customers a simple, speedy, secure way to pay. It’s powered by American Express but open to everyone. Email pwbt@aexp.com
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 634 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
Learn why Curve picked Nuvei to elevate the customer experience and spearhead its global growth.
MONTREAL and LONDON, October 19, 2023 – Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today that it has been selected by Curve, the fast-growing financial super app that consolidates your cards into one smart card, to provide card acquiring and alternative payment methods (APMs) for consumer transfer of funds to and from their Curve digital wallet.
Nuvei’s agile, customizable, full stack payments technology enables the fintech app and card issuer to accept VISA and Mastercard transactions. Card payments are optimized through Nuvei’s smart routing engine to maximize card payment acceptance and reduce operating costs. All the relevant APMs in each market Curve operates will be available to Curve customers soon.
Curve also benefits from Nuvei’s customizable, real-time reporting tools, which enables the company to monitor all transactions through a single, comprehensive analytics portal. This capability is of particularly high relevance to the financial services industry, in order to route payments traffic effectively and optimize payments flow.
Curve’s Founder & CEO, Shachar Bialick, commented on the announcement: “Our goal at Curve is to be the most customer-centric app, simplifying the way they spend, so industry-leading customer experience is critical to Curve’s service. Consumers simply will not tolerate delays or the inability to transfer funds, so we are proud to partner with Nuvei. Their proven optimized card acceptance rates, platform stability and low latency guarantees that we’re offering the peak payments service to our customers.”
In addition to providing payments services in Curve’s established markets in Europe, Curve is leveraging Nuvei’s global acquiring reach to accelerate its international growth plans.
Bialick continued: “Nuvei enables us to accelerate our growth and scale at pace without compromising the optimization of our payments function. Partnering with a global payments provider fast-tracks our growth plans. Nuvei’s agile technology and single integration access to all the global APMs we need to localize payments anywhere in the world enables us to adapt quickly to changing conditions in the payments landscape in every market we currently operate or plan to operate in the future.”
Philip Fayer, Nuvei Chair and CEO, added: “Payments play a critical role in the user experience for financial services providers, and the market is becoming increasingly competitive. We are proud to partner with Curve to enhance the product it is offering to its customers, and to enable to Curve to reach its customers, wherever they are and however they want to pay.”
About Curve
Curve is a financial super app. Its mission is to be a one-stop shop for all the financial needs of a consumer; a single point of access to a wide range of financial products and services, bundling together all your money into one smart card and an even smarter app. Unlike other services available in the market today, Curve allows customers to connect and supercharge their legacy banks to the 21st century, without leaving their bank or signing up to a new bank. Curve is live in 31 markets across the UK and European Economic Area (EEA).Curve supports Mastercard, Visa and Diners Club networks. The Curve Card and e-money, related to cards issued in the UK, is issued by CurveUK Limited, authorised in the UK by the Financial Conduct Authority to issue electronic money (firm reference number 900926). The Curve Card and e-money, related to cards issued in the EEA, is issued by Curve Europe UAB, authorised in Lithuania by the Bank of Lithuania (electronic money institution license No. 73 issued on 22 of October, 2020).For more information go to www.curve.com, follow us on LinkedIn, Twitter @imaginecurve and Instagram @imaginecurve, or like our Facebook page.
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 634 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
Mark Nov 8 for Nuvei's Q3 2023 results reveal. Get ready to uncover financial performance and growth insights.
MONTREAL, October 25, 2023 – Nuvei Corporation (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, today announced it will release its third quarter 2023 financial results before market open on Wednesday, November 8, 2023. Management will host a conference call and webcast to discuss these results at 8:30 am ET that same day. 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. An on-demand audio 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 after the live call concludes, and can be accessed by dialing 844-512-2921 (US/Canada toll-free) or 412-317-6671 (international); the conference ID is 13740869. The replay will be available through Wednesday, November 22, 2023.
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 634 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.
Nuvei Investor Contact: IR@nuvei.com
Nuvei and Esenda introduce a seamless online payment system for educators. Enhance your payment experience now.
MONTREAL and DUBAI, October 16, 2023 – Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), and Esenda, a leader in school fee management in the independent school market, announce today that they have partnered to launch an online Tuition Fee Collection and Income Management Platform.
Integrating Nuvei’s sophisticated payment technology with Esenda's comprehensive fee management platform offers education providers a groundbreaking solution that not only increases efficiency but also significantly enhances security.Payments can be made online for tuition fees, corporate debentures, extra-curricular activities, and additional student-related fees. In addition to card payments, an education provider’s single integration with Nuvei and Esenda enables it to offer every relevant global alternative payment method to its students and their families, no matter where they are located.
Nuvei’s fully customizable, modular technology stack also includes additional services to optimize payments performance. These include superior risk management, enhanced reconciliation, customer authentication compliance tools, and payment orchestration with unified reporting and data visibility to maximize operational efficiency and enhance control.
Esenda's system enhances fee collection by integrating with a school's financial systems. It offers features such as real-time invoice tracking, automated reconciliation, reminders for late payments, and easy report generation, significantly improving fee management efficiency.
Nuvei Chair and CEO Philip Fayer commented on the announcement: “Consumer expectations have changed when it comes to the convenience of making payments online in all areas of their lives, and education providers cannot afford to fall behind. Enabling education providers to upgrade their student experience by making tuition and day-to-day payments simple and convenient is a great example of the role payments can play in building customer relationships in any sector.”
Bertie Simpson, Esenda’s CEO quoted: "Partnering with Nuvei transforms how schools manage payments, making it seamless and secure. Gone are the days of parents having to drive to schools and line up to pay tuition. Now, everything can be handled online, bringing convenience to schools and families."
The partnership is already live with one of the largest educational providers in Dubai, enabling the school to accept global payments, including card payments from all major issuers in the region, online for the first time.
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
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Explore Nuvei's advanced B2B payment solutions, now available in Canada. Elevate your business payments today.
MONTREAL, October 5 2023 – Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today that it has launched its enhanced payments solution for business-to-business (B2B) payments in Canada.
B2B businesses working with Nuvei are now able to offer their customers in Canada a holistic payments solution including Card-Not-Present and account-to-account processing capabilities, Level 3 processing and Nuvei’s advanced proprietary accounts receivable (AR) solution, directly integrated with their enterprise resource planning (ERP) system. Benefits of Nuvei’s AR solution include simplified workflows and back office efficiencies, unique payment capabilities designed to handle the nuances and complexities of business to business commerce, and shortened invoice to cash cycles.
B2B payments is a rapidly growing sector of the Canadian payments landscape, as well as a requirement for the ongoing growth of many businesses focused on domestic or cross-border commerce in Canada.
Nuvei is leveraging existing deep integrations into many of the leading ERP solution providers operating in Canada through partnerships in other geographies to accelerate its launch in the country.
Nuvei’s unique B2B payment capabilities are often powered through back-end integrations with ERP software systems that allow organizations to manage day-to-day activities across operations, finance, procurement, and commerce. Additional features of Nuvei’s B2B payment function that are now available to Canadian businesses include the ability to offset the cost of card acceptance with fee recovery, automated invoicing – saving both time and money, tokenized payment account information that is stored on file and accessible, and dynamic discounting to further reduce the length of time to access cash.
Philip Fayer, Nuvei Chair and CEO, commented on the announcement: “B2B payments is a key growth vertical for Nuvei. We’ve had tremendous success supporting our partners and their customers with leading payments solutions in the U.S., so we are thrilled to be expanding our capabilities internationally.”
Fayer continued: “We’re an international payments services provider, but our roots are in Canada, so we are particularly pleased to be bringing this much-needed holistic payments solution to businesses and our partners supporting businesses in the Canadian market.”
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 634 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
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Discover how Ubuy's partnership with Nuvei propels its international expansion. Dive in for groundbreaking solutions.
MONTREAL and KUWAIT CITY, KUWAIT, September 21 2023 – Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today that it has been selected by Ubuy, a leading international eCommerce platform based in Kuwait that specializes in connecting consumers all over the world with global brands, to enhance its customer checkout experience.
Ubuy is leveraging Nuvei’s global reach, local payments market expertise, and extensive suite of alternative payment methods (APMs), to enter new markets and offer its customers a diverse selection of payment options. Nuvei currently offers its customers access to 634 APMs, all available through a single integration. Online businesses can tailor each respective end market via the most relevant payment methods for that region to optimize the consumer checkout experience.
Alternative payment methods are increasingly critical to international expansion and accelerating growth for eCommerce businesses. Consumer payment preferences are constantly evolving, with a number of APMs such as Alipay (China), iDEAL (The Netherlands), and PIX (Brazil) now being the preferred online payment method for consumers in their region. Ubuy is enabling its customers in all three of these markets to pay using these preferred methods, as well as the most popular methods in many other markets, through its integration with Nuvei. Alternative payment methods also enable consumers to complete a purchase when a card transaction fails, ensuring customer retention and further boosting revenues.
Having access to all the leading payment methods in every market globally will enable Ubuy to scale internationally without compromising on its commitment to offering a ubiquitous consumer eCommerce experience to all its customers, no matter where they are located.
Ubuy's CTO & Founder, Dhari Al Abdulhadi, commented on the announcement: “It is important for us to offer an industry-leading eCommerce experience for our customers, including enabling them to complete purchases via any of the payment methods they are familiar with. We’re delighted to be partnering with Nuvei to offer all the relevant payment methods our customers demand in each market we operate, through a single integration, and without the need to manage many dozens of independent relationships with payments companies.”
Philip Fayer, Nuvei Chair and CEO, added: “It is our mission to enable our customers to connect more closely to their customers through payments, wherever they are based and however they want to pay. As an eCommerce business with customers all over the world, Ubuy’s global appeal is underpinned by checkouts tailored to local markets. We’re proud to support Ubuy as it continues to accelerate its growth.”
This announcement further solidifies Nuvei’s focus and commitment to pursuing growth in the Middle East and Africa region.About UbuyFounded in 2012, Ubuy is a leading cross-border retail search engine that connects customers to over 100 million unique products from top international brands. Ubuy is committed to providing the best possible shopping experience for its customers, building a connected world where quality brands are just a tap away. The platform started from Ubuy Kuwait and currently caters to their services in more than 180+ countries, fostering a global shopping community.
For more information, visit www.ubuy.com
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 634 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
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Join Nuvei's journey in APAC. Discover our new China office and how we're broadening our footprint.
MONTREAL, October 3 2023 – Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today it has opened its latest operational hub in Shanghai, China as it continues to expand its presence in the Asia-Pacific (APAC) region.Philip Fayer, Nuvei Chair and CEO, commented on the announcement: “We’re thrilled to add an office in China to our global footprint as we continue to build our services in APAC. Ecommerce businesses rely on payments partners with global reach as well as local market expertise when they scale internationally. Our increased presence will enable businesses in APAC to enter new markets as we build on our existing regional expertise.”
Nuvei is already providing cross-border payment services to many Chinese businesses as they scale internationally, including Geekbuying, Vakatrip, and Cupshe. With its new increased footprint in the region, Nuvei is extending its global reach, as well as servicing current and future clients with an enhanced local expertise and customer service.
Launching an office in China is only the latest announcement from Nuvei as it continues to demonstrate its commitment to supporting businesses with accelerating their growth through payments in APAC. Recently, Nuvei announced that it had extended its global reach in the region by obtaining its local acquiring license in Australia, following the announcement that it had obtained local acquiring licenses in Singapore and Hong Kong in 2022. Nuvei also enables businesses in APAC to connect with customers across the region by offering all the relevant alternative payment methods (APMs) to every customer from its suite of 634 APMs.
Last month Nuvei also announced that it had partnered with Mastercard to enable businesses, including trading platforms, to offer customers instant payouts to bank cards. Already available to Nuvei customers in Singapore, the Mastercard Send™ service – which powers rapid payments for merchants, acquirers, governments, consumers and more, wherever they interact worldwide – will also be available in Australia and Hong Kong SAR, starting later this year.
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 634 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
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Dive into Nuvei's latest ESG achievements and future goals. Uncover how we're shaping a sustainable future.
MONTREAL, September 8, 2023 – Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today that it has published its second annual ESG Report for 2022.The report details Nuvei’s ongoing achievements across the key pillars of its ESG strategy, including sound corporate governance and business ethics, strong information security standards around cybersecurity and data privacy, team member well-being, diversity, equity, and inclusion, and environmental stewardship. Nuvei continues to deliver on its vision of being a people-first, technology-led global payments enablement platform.
“Last year we embarked on an important first step on our ESG journey by publishing our inaugural ESG report. This year we have built upon that foundation, including offering more comprehensive details on new activities and key initiatives the business undertook,” said Philip Fayer, Chair and CEO of Nuvei. “Our latest report underscores our commitment to extending our ESG program further as we continue to grow.”
Data in this report has been aligned with the Sustainability Accounting Standards (SASB) Technology and Communications standards for the Software and IT Services Industry and the United Nations Sustainable Development Goals (UNSDGs).The full report is available to read and download https://nuvei.com/esg2022.
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 634 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
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Unlock instant cash-outs in APAC with Nuvei and Mastercard Send™. Ensure swift transactions for your trading needs.
SINGAPORE & MONTREAL – August 28, 2023 – Canadian fintech company Nuvei (Nasdaq: NVEI) (TSX: NVEI) and Mastercard today announced that they will enable near instantaneous payout capabilities for online trading platforms and investors in the Asia Pacific region via Mastercard Send™. Already available to Nuvei customers in Singapore, the Send™ service – which powers rapid payments for merchants, acquirers, governments, consumers and more, wherever they interact worldwide – will also be available in Australia and Hong Kong SAR, starting later this year. Nuvei customers will then be able to process payouts, including business to consumer disbursements, and funding transactions between over 1.5 billion debit, credit, and prepaid Mastercard cards.
In the Asia Pacific region, the increasing prevalence of remote working, triggered by the pandemic, has encouraged the parallel growth in the number of new online retail investors, especially younger, first-time users of online trading platforms. According to a recent report by Fortune Business Insights, the global online trading platform market is projected to grow from USD9.94 billion in 2023 to USD15.34 billion by 2030. This trend is driven in part by technological advancements and the integration of trading platforms on smartphones, with Asia Pacific being one of the fastest-growing regions.
One business in Singapore that is already utilizing Mastercard Send™ to offer an enhanced payout experience to its customers is trading platform Plus500. With this new service, online traders will enjoy a simpler and more convenient method of cashing out their investments, backed by Mastercard’s best-in-class fraud protection. Whenever they wish to cash out, users only need to input their card details and make a request via Mastercard Send™. This option is easily located in the platform cashier, and funds are immediately accessible.“
Trading platforms rely on fast, secure deposits and payouts to optimize user experience. Partnering with Mastercard Send™ enables us to offer our partners another trusted, instant payout method that will win new traders and generate revenue growth,” said Nuvei Chair and CEO Philip Fayer.
“In today’s always-on world, faster payments are the foundation for accelerated growth,” said Sandeep Malhotra, Executive Vice President, products & innovation, Asia Pacific, Mastercard. “Given the boom in online trading in the Asia Pacific region, Mastercard Send™ presents Nuvei’s customers with the opportunity to improve the payments experience for their users while standing to grow their own revenues – a win-win. Meeting consumers’ expectations for greater speed, wider choice, and tighter security in their payments is no longer negotiable.”
“In an unpredictable trading environment where price fluctuations happen in seconds, Mastercard Send™ provides online traders with the peace of mind that that they can cash-out instantly, at the click of a button. With easy, fuss-free access to their money, investors can make quick decisions and enjoy full visibility over the real-time availability of their funds,” said Alon Cohen Naznin, COO, Plus500.Learn more about Mastercard Send™: https://b2b.mastercard.com/mastercard-send/
*Actual posting times for approved transactions will depend on the receiving financial institution.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 634 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.
About Mastercard (NYSE: MA), www.mastercard.com
Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.
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Mastercard Communications Contact
Sarah Guldin, +65 6390 6199
Agency Communications Contact
Louisa Lau, +852 6644 9615
Experience the revamped iDEAL by Nuvei in the Netherlands. Embrace cutting-edge payment solutions for your business.
MONTREAL, September 19, 2023 – Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today that it is one of the first payments services provider to integrate the new iDEAL, an enhanced solution for the leading alternative payment method in the Netherlands that enables consumers to complete transactions effortlessly through their online banking app.
Nuvei already offers direct connectivity to iDEAL, but is now enabling merchants to enhance their eCommerce checkout experience for Dutch consumers through the introduction of the latest upgrade to the iDEAL solution. The collaboration will leverage Nuvei’s agile, full stack payments technology and iDEAL's strong market presence to enable Dutch eCommerce merchants to offer a seamless payment experience to consumers.
The new iDEAL unburdens the merchant of much of the user experience by having the bank selection page directly integrated into the payment method, and gives customers more control over the payment experience through a unified and streamlined checkout experience.
iDEAL is the premier online payment method in the Netherlands with 70% market share, making its integration into eCommerce stores essential for Dutch merchants and international brands targeting the Dutch market. Secure transactions are processed through integrations to major Dutch banks through Currence.
Nuvei's CEO and Chair, Philip Fayer, commented: “iDEAL is already one of the most popular payments methods in the Netherlands, and this upgrade will make it an even attractive proposition for both merchants and consumers. Integrating the new iDEAL will be critical to success in the Dutch market for eCommerce businesses, so we are pleased to be one of the first acquirers to offer this to solution to our partners.”
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
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Discover how Stuvia partners with Nuvei to drive international growth in the education marketplace.
MONTREAL, August 23, 2023 – Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today that it has partnered with Stuvia, a leading marketplace enabling consumers to buy and sell educational material, to optimize its payments capabilities and expand its target consumer base internationally.Stuvia is harnessing Nuvei’s global reach, agile technology, and expertise via local acquiring capabilities in 47 markets to win new customers, accelerate revenue growth, and reduce costs through payments. Stuvia is also capitalizing on Nuvei’s enhanced risk management engine to maximize its card payment acceptance rates, while also identifying fraudulent transactions before they can occur.
In addition to branded credit card and debit card payments, Stuvia is offering its customers in each regional market all local relevant payment acceptance options from Nuvei’s suite of 634 alternative payment methods (APMs), including iDEAL, Giropay, Sofort, and Bancontact, through a single integration.
Jaap van Nes, co-founder of Stuvia, commented on the announcement: “We are based in the Netherlands but have rapidly grown our customer base internationally, so we needed a payments partner that could support our global ambitions. We determined that Nuvei was uniquely equipped to take our business to the next level. Nuvei’s technology and deep knowledge of local markets will enable us to reach more customers and connect them to sellers in our marketplace.”
Philip Fayer, Nuvei Chair and CEO, added: “We’re proud to be enabling Stuvia to connect to its new and existing customers, wherever they are in the world. Nuvei has a rich history of supporting marketplaces to accelerate revenue growth, as well as facilitating the gig and creator economies, which are underpinned by payments.”
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 634 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
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Learn how 888 collaborates with Nuvei to enrich its payment experience in the United States.
MONTREAL, August 3 2023 – Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today that it has been selected by 888, a leading global iGaming operator, to boost its card acquiring and local payment method capabilities to accelerate its growth in the large and expanding U.S. iGaming landscape. 888 is leveraging Nuvei’s superior technology platform, extensive acquiring reach, instant bank-to-bank payments, and deep knowledge of regulated iGaming markets to maximize payments acceptance and optimize its risk management.
Supporting its growth in the U.S. is the latest expansion of Nuvei’s longstanding global partnership with 888, including an existing relationship driving enhanced player experience at the cashier. In addition to enabling 888 to accept deposits, players can instantly withdraw funds from their 888 account directly to their bank card or via Nuvei Instant Bank Transfer, the U.S. iGaming industry’s first payment method for instant account-to-account deposits and payouts.
Nuvei has provided payments services to 888 in Europe since 2017 and enabled 888 to launch in Ontario, Canada, once the province launched its newly regulated iGaming market in April 2022.888 VP of U.S. Marketing, Noam Klivitzky, commented on the announcement: “Enabling players to deposit and withdraw funds from their iGaming accounts seamlessly and securely is critical to the overall platform experience. At 888 we’re committed to offering the most comprehensive iGaming experience in the market, so we’re excited to add Nuvei’s card acquiring capabilities alongside its Instant Bank Transfer solution. Nuvei has a rich heritage of enabling iGaming operators to maximize their payments’ performance in regulated markets across the globe.”
Nuvei Chair and CEO Philip Fayer added: “We’re thrilled to continue to grow our relationship with 888 and support its global expansion in the U.S. and beyond. Instant, convenient, and secure deposits and payouts are critical to winning players in the rapidly expanding U.S. iGaming landscape. Optimizing card payment acceptance is a key component of the cashier experience, and Nuvei has decades of experience supporting operators maximize their revenue growth.”
The announcement is the latest from Nuvei as it continues to demonstrate why it is the global leader for payments in the iGaming industry. Offering iGaming operators optimized conversion rates to accelerate growth and maximize revenues, as well as unparalleled experiences for players, is why so many operators rely on Nuvei technology in their cashier.
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
About 888/Sports Illustrated Sportsbook
888 partnered with Authentic Brands Group (ABG) and Sports Illustrated to help launch SI Sportsbook back in 2021. Since then, the partnership has successfully launched its sportsbook brand in three states, and launched its first casino brand, SI Casino, earlier this year in the state of Michigan. Dedicated to providing a first-class betting experience powered by 888’s world-class casino and gambling technology, both sportsbook and casino brands offer a wide variety of gaming options for all players. They work to blend the history of the Sports Illustrated brand into the world of sports’ newest and most exciting mediums that is sports betting.
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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
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Explore how CloudPay partners with Nuvei to elevate payment processes with greater speed and agility.
MONTREAL and RALEIGH, NC, July 26, 2023 – Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, and CloudPay, a leading global employee pay provider, are today announcing a strategic partnership that enables CloudPay customers to access faster, more flexible payroll solutions.Nuvei’s market-leading agile technology and global reach through a unified solution provide significant advantages for CloudPay customers that demand the ability to make payroll fast, flexible, and certain. The partnership also supports a broad range of global salary payment solutions, including the capability to push salary payment to cards through Visa Direct, reducing payment times from days to 30 minutes or less.
These expanded capabilities generated through the partnership are currently live in the U.S., and an expansion into new regions including Europe and APAC is expected to launch before the end of the year.
“This partnership enables us to meet the growing global demand for innovative payment solutions that are transforming the end-to-end employee pay process and providing new ways of attracting and retaining talent,” said CloudPay Strategic Initiatives Director Nick Newman.
Nuvei Chair and CEO Philip Fayer commented on the announcement: “We’re excited to be demonstrating yet another fantastic use case for our cutting-edge payments technology. Our mission is to enable our partners to offer a market-leading payments experience for pay ins and payouts, bringing businesses closer to their customers, or in this case employees. Enabling CloudPay to offer a transformative payroll solution is just the latest example of how our agile, customizable platform is revolutionizing online payments globally.”
CloudPay data finds 95% of employees who use the CloudPay NOW app choose to use their debit card to receive salary payments because the transaction is instant and available 24/7. Traditional salary payment structures rely on banks and limited hours of operation. There are no waiting periods when transactions are processed through Nuvei. In some instances, this allows companies to move from a biweekly pay cycle to a monthly cycle, saving time, money, and resources.“
The next generation of global money movement is one where companies may soon say goodbye to the traditional, biweekly pay cycle,” said Anastasia Serikova, Head of Visa Direct, Europe. “CloudPay and Nuvei are at the forefront of providing solutions that help workers access their pay faster. With Visa Direct, CloudPay’s clients can eliminate inefficiencies associated with traditional ways that employees are paid, and provide quick access to the money they’ve already earned.”
Together with its partners, CloudPay is defining the modern pay experience. Through strategic partnerships that extend capabilities and increase speed, the company is elevating pay from an operational function to a business driver. Employers looking for ways to elevate the employee experience now have the ability to do so at scale across the globe.
About CloudPay
Employee pay processes have broad business consequences, requiring modern solutions and trusted experts across the globe. CloudPay connects all employee pay processes – including payroll, payments, and on-demand pay – through a unified platform available across 130+ countries, and 168 currencies. CloudPay’s experts help global companies implement best practices, navigate change, optimize operations, and improve employee experiences, guiding them with vision and care toward the comprehensive pay experience employees deserve.
Media Contact:
Abbey Hogan
ahogan@clearedgemarketing.com
(847) 858-4354
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
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Discover how Nuvei and Plaid broaden their partnership to encompass new regions and e-commerce verticals.
MONTREAL and SAN FRANCISCO, July 18, 2023 – Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, and Plaid, a data network that enables consumers to connect their bank accounts to more than 8,000 apps and services, announce today an extension of their existing global partnership to support a wider range of businesses with accepting bank-based payments for multiple use cases, including recurring payments and payouts, and to serve additional verticals within the eCommerce landscape, such as utilities and B2B.
Nuvei and Plaid are also announcing an intention to scale their partnership globally before the end of the year. Nuvei’s global reach, including local acquiring in 47 markets, combined with the Plaid network which covers 12,000 financial institutions across the US, Canada, UK and Europe, will enable businesses in multiple regions across the globe to enhance their online checkout through offering best-in-class, pay-by-bank experiences.
The growing demand for a streamlined user experience
In recent years the demand for bank-based payments has grown steadily from both consumers and merchants. According to proprietary data compiled for Nuvei, bank-based payments is already the third most popular online payment method in the U.S. behind credit and debit cards, and almost a quarter (23%) of all U.S. consumers are considering using bank-based payments for general eCommerce payments in the next 12 months. This rises to 44% of all U.S. consumers that have chosen bank-based payments for any type of transaction previously.
For merchants, the benefits of bank-based payments are clear and revolutionary. Faster settlement times, reduced disputed transactions, and reduced operating costs result in higher profit margins and accelerated revenue growth. Frictionless payment methods boost conversion rates, accelerating revenues even further. While bank-based payments are typically not guaranteed, the Nuvei, Plaid partnership offers merchants the ability to assess transaction risk in real time and reduce return rates through Plaid Signal, a network-based machine learning model. This includes confirming the consumer has available funds to complete a transaction, eliminating transactions that are falsely declined by banks and further benefiting top line performance.
Historically, adoption of bank-based payments have been hamstrung by the cumbersome manual experience of entering account and routing numbers, as well as general security concerns around consumers providing sensitive bank details online. In the study conducted for Nuvei, 35% of consumers expressed security concerns as a key barrier to bank-based payment adoption
.These hurdles are overcome with the Nuvei Instant Bank Transfer solution. Nuvei's Instant Bank Transfer combines Nuvei's speed of bank payment processing with Plaid's seamless and secure user experience for bank account linking, which has been used by approximately 1 in 3 US consumers with a bank account to connect to digital financial services. The combination of these leading technologies results in a consumer payment experience that is as easy as a click of a button, and merchants receive their funds instantly.
Nuvei CEO and Chair Philip Fayer commented: “We want to support merchants with payment solutions with lower processing costs and quicker access to funds. Consumers are increasingly turning to online bank transfer payments, but their user experience has often been poor. Nuvei Instant Bank Transfer eliminates the barriers to adoption, democratizing this payment method for consumers and offering merchants a genuine revenue-driving alternative to card payments. Our partnership with Plaid makes online bank transfer payments even more seamless for millions of U.S. consumers, which is why we’re excited to be expanding our partnership to target a broader range of eCommerce verticals.”
“The shift to bank-based payments is a natural, inevitable progression and will become a seamless part of most payments experiences in the next few years,” said John Anderson, Head of Payments at Plaid. “Plaid and Nuvei have a proven track record of helping companies streamline account funding experiences through bank transfers. We are excited to extend our partnership with Nuvei to bring safe, secure and seamless bank-based experiences to more companies and industries within the eCommerce realm.”
About Plaid
Plaid is a data network that powers the tools millions of people rely on to live a healthier financial life. Nearly 1 in 3 US consumers with a bank account have connected via the Plaid network, which covers more than 12,000 financial institutions across the US, Canada, UK and Europe, and connects to an ecosystem of more than 8,000 leading digital finance apps and services. Headquartered in San Francisco, the company was founded in 2013 by Zach Perret and William Hockey.
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
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Plaidpress@plaid.com
Stay updated as Nuvei unveils its second quarter 2023 results on August 9, 2023
MONTREAL, July 25, 2023 – Nuvei Corporation (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, today announced it will release its second quarter 2023 financial results before market open on Wednesday, August 9, 2023. Management will host a conference call and webcast to discuss these results at 8:30 am ET that same day. 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. An on-demand audio 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 approximately one hour after the live call concludes, and can be accessed by dialing 844-512-2921 (US/Canada toll-free) or 412-317-6671 (international); the conference ID is 13739016. The replay will be available through Wednesday, August 23, 2023.
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.
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Discover how InDrive chooses Nuvei as its payment partner for expansion into Latin America.
MONTREAL, July 5 2023 – Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today that it has been selected by inDrive, a global mobility solutions provider available across 47 countries, as its payments provider for payouts to its drivers in Latin America.Nuvei is enabling inDrive to offer a comprehensive range of payout options, including payments to cards and all relevant alternative payment methods (APMs) in the Latin America region through a single integration. With Nuvei's cutting-edge payments technology and extensive acquiring reach, inDrive is integrated to a robust payments infrastructure for seamlessly processing transactions that will accelerate its growth.
Nuvei's collaboration with inDrive is particularly significant for the Latin American market, where businesses face unique payment challenges including lower card acceptance rates and a significant unbanked population that relies on alternative payment methods for financial inclusion. With its deep understanding of the region's payments landscape, Nuvei is an established leading payments provider in countries across Latin America.
"We are thrilled to partner with inDrive to elevate the payment experience for rideshare drivers in Latin America," said Phil Fayer, CEO at Nuvei. "By combining inDrive's local expertise with Nuvei's payments technology, we’re bringing inDrive closer to its drivers through payments."
Alexander Akhmataev, Director of Latin America Countries, inDrive commented: "Our partnership with Nuvei represents another critical step forward in advancing the payments landscape in Latin America. By seamlessly and securely enabling our drivers to receive payments through their preferred methods, InDrive remains steadfast in its commitment to consistently enhance the ridesharing experience, empowering its users with unprecedented freedom of choice”
inDrive is a global mobility and urban services platform headquartered in Mountain View, California, USA. The inDrive app has been downloaded over 175 million times, and was the second most downloaded mobility app in 2022. In addition to ride-hailing, inDrive provides an expanding list of urban services, including intercity transportation, freight delivery, task assistance, courier delivery and employment search.inDrive operates in 614 cities across 47 countries. It supports local communities via its peer-to-peer payment model and community empowerment programs, which help advance education, sports, arts and sciences, gender equality and other vital initiatives.
For more information visit www.inDrive.com
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
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Explore the transformative partnership between Nuvei and CNBS Software, reshaping payment processing within the SAP ecosystem.
MONTREAL, June 29, 2023 – Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today a new commercial partnership with CNBS Software (CNBS), a leading provider of B2B/B2C eCommerce and accounts receivable solutions for enterprises running SAP ERP. This collaboration will greatly enhance payment processing capabilities for businesses utilizing SAP ECC and S4 systems through seamless integration, enhanced security, and expanded payment options.
CNBS Software’s partnership with Nuvei enables it to offer its customers an integrated payment solution that seamlessly aligns with their existing SAP environment. Nuvei's advanced payment solution, including card acquiring and ACH online bank transfers, provides a modern, robust and secure payment infrastructure for businesses utilizing SAP solutions. CNBS will also benefit from Nuvei’s experience gleaned from decades of servicing ERP payment customers.
Through leveraging Nuvei’s enhanced payment services, CNBS is optimizing its payment workflows, ensuring efficiency and accuracy. Nuvei’s wide range of payment methods offers CNBS a comprehensive array of options to meet the diverse needs of their global customer base, including a suite of alternative payment methods to maximize revenue and accelerate growth as well supporting payouts in the future. Nuvei’s security framework enhances data security and fraud prevention, safeguarding transactions through CNBS software and protecting sensitive payment information.
CNBS President and CEO, Ravi Manchala, commented on the announcement: “We’re thrilled to be partnering with Nuvei to enhance the payments solutions we can offer our customers. Nuvei’s deep knowledge in integrated payments and global reach enables us to provide a best-in-class service and user experience across all the payments functionalities of our platform. Nuvei has a deep knowledge and experience in integrated ERP & B2B payments, and we feel that our collaboration will bring vast enhancements to our services.”
CNBS has established itself as a leader in AR automation and invoice management solutions, catering to a wide range of industries including manufacturing, distribution, and services. With its flagship product, ePay, CNBS Software delivers comprehensive invoice management functionalities to streamline workflows and improve operational efficiency for SAP users worldwide.
"Nuvei’s historical expertise in ERP and B2B payments combined with CNBS' deep understanding of the SAP ecosystem creates a best-in-class experience for CNBS’ customers globally," commented Phil Fayer, CEO and Chair at Nuvei. "Together, we are optimizing payment processing within the SAP ecosystem, empowering businesses with enhanced capabilities and greater convenience to maximize revenue growth and operating efficiency. We’re honored to formally enter the SAP ecosystem after years of servicing and integrating multiple ERPs – our knowledge and experience in this sector will help optimize CNBS’ functionalities across the globe."
About CNBS Software
Founded in 2009, CNBS Software helps enterprises running SAP ERP with B2B/B2C eCommerce and Accounts Receivable solutions. Customers use our WECO eCommerce, ePay AR solutions to increase Sales, improve Collaboration, as well as a platform for digital process automation. Headquartered in Cincinnati, Ohio, our team of SAP functional consultants and developers blends traditional SAP expertise with cutting edge design and delivery approaches like Design Thinking and Agile Engineering to build reliable solutions that customers love to use.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
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Explore how Sage and Nuvei collaborate to enhance integrated payments, streamlining operations, and enhancing visibility.
MONTREAL, June 29, 2023 – Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today that it is a recommended payments partner of Sage, the leader in accounting, financial, HR, and payroll technology, for small and mid-sized businesses (SMBs).
After being directly integrated for more than a decade, and successfully supporting thousands of businesses, Sage will now be offering Nuvei as a Recommended Solution for its ERP platform. Nuvei’s platform is uniquely connected to the entire Sage ecosystem, including its Sage 50, 100, X3, 300, 500, and Intacct solutions.
Nuvei’s ERP payments solution delivers seamlessly integrated payment acceptance and disbursement solutions to its customers, as well as single-view visibility of the data and insights needed to make faster, better-informed decisions. By leveraging Nuvei’s robust integration and deep ERP payments expertise, and delivering near-real-time payment information, Sage customers will be able to reconcile financial information across systems and improve visibility more efficiently. At the same time, they are empowered to reconcile paid invoices into their business management system and shorten DSO or receivables cycles.
Sage VP and Global Commercial Head of Fintech, Payments & Banking Chip Mahan commented on the announcement: “Our relationship with Nuvei is one of the longest existing partnerships we have with any payments services provider, and is comprehensively connected to our entire product suite. We’ve been working together seamlessly for over a decade, so we are thrilled to name Nuvei as a Sage Recommended Solution. We continue to look to expand this partnership based on Nuvei’s global reach that includes an extensive acquiring network in 47 global markets. Sage will continue to innovate and optimize payments capabilities for our customers, and our partnership with Nuvei will assist in delivering an improved customer experience.”
Nuvei Chair and CEO Philip Fayer added: “Our mission is always to bring our customers closer to their customers through payments technology and solutions, and to enable them to accelerate their growth. We also have a long and proven history of supporting our customers’ international expansion plans through our global acquiring reach and expertise in local markets. We’re excited to be recognized as a Sage Recommended Solution, which we view as a testament to continually achieving these goals for one of our most highly valued partners.
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
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Learn about Nuvei's latest appointment of Laura Miller as Chief Revenue Officer and Global Head of E-commerce.
MONTREAL, June 9, 2023 – Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today the appointment of Laura Miller to a newly created role of Chief Revenue Officer and Global Head of eCommerce, reporting directly to Nuvei President Yuval Ziv.
An inspirational leader in the financial services industry with a proven track record of delivering success at the highest level, Miller joins Nuvei immediately to spearhead the company’s global commercial strategy across many of its key high growth target verticals. Her primary responsibilities will include developing Nuvei’s strengthening relationships with the leading enterprises in global eCommerce, as well as heading up its eCommerce commercial organization in North America, Europe, MEA, APAC and LATAM.
Miller joins at an exciting time for Nuvei as the company continues to demonstrate its enhanced proposition across diversified use cases in global eCommerce, B2B, ISV and Government. Recent Nuvei large enterprise commercial wins include Radisson Hotel Group, Sabre, Virgin Atlantic, Cart.com, and Shein.
Miller commented on the announcement: “I am thrilled to be joining Nuvei at such an important moment. The company is establishing great momentum with many of the world’s most significant eCommerce businesses, and I am eager to support accelerating its growth further. Nuvei is uniquely positioned to enable global businesses to scale internationally while optimizing their payments in regional markets, so I am looking forward to leveraging my experience working with many leading enterprise businesses as we go on this journey.”
Miller brings almost 25 years of expertise in strategic planning, sales leadership, and business development within the payments industry. Her deep understanding of the payments ecosystem will support Nuvei’s mission to provide innovative payment solutions that are tailored to the unique needs of global businesses and built to accelerate eCommerce growth.
Prior to joining Nuvei, Miller held prominent positions at several leading, global financial institutions. Most recently, she served as President, JPMorgan Merchant Services, overseeing the bank’s commercial relationships with its largest global customers. Before joining JPMorgan Chase & Co., Miller held senior leadership positions at American Express, where she played a key role in driving sales growth and client management in the commercial card segment. Throughout her esteemed career, Laura has demonstrated expertise in leading large sales organizations, implementing sales strategies, and expanding client relationships.
“We are excited to welcome Laura to the Nuvei team,” commented Nuvei’s President Yuval Ziv. “Laura is a highly skilled and experienced leader with a deep understanding of the payments industry. She is also a strong advocate for businesses and has a proven track record of success in helping them accelerate growth which matches our mission at Nuvei. I have every confidence that Laura will be a key contributor to helping Nuvei achieve our ambitious goals.”
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
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Sylogist partners with Nuvei to elevate its payments solution. Explore the seamless integration and enhanced capabilities driving efficiency and growth.
MONTREAL, June 8, 2023 – Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today its new partnership with Sylogist, a global software company providing solutions for nonprofit, education, and other government and non-governmental organizations. Nuvei’s payments solution for Software-as-a-Service platforms is enabling Sylogist to offer its customers an enhanced payment experience and accelerate its own growth.
Rusty Butler, VP of Development at Sylogist commented on the announcement: “We pride ourselves on providing our customers with best-in-class services for their sector through our platform, including payments. We had previously worked with various payments providers resulting in a complex and costly environment, so we were aware that we needed to upgrade and simplify our offering. The lack of modern functionalities, inconsistent brand experiences, and varying customer service levels left us searching for a unified and innovative payment partner to orchestrate a payments program. We’re thrilled to partner with Nuvei as its solution meets all our needs.”
Sylogist selected Nuvei to power its new cross-platform payment solution, SylogistPay. Leveraging Nuvei's managed payment facilitation technology, SylogistPay ensures seamless customer onboarding and opens the door to other white-label payment capabilities. Partnering with Nuvei has eliminated complexity within Sylogist's software ecosystem. By consolidating multiple payment providers into a single, committed partner, Sylogist is now able to enhance customer experiences, drive their profitability and continue a positive trajectory of growth.
Examples of this enhanced payments function include support for popular mobile wallets such as Apple Pay and Google Pay and dramatically improved onboarding. Nuvei’s solution has drastically reduced the onboarding time for new software users by over 98% since launch, from one and a half business days to just minutes. This new onboarding process enables Sylogist's clients to accept donations and payments in near-real time.
Nuvei CEO and Chair Philip Fayer commented: “We are excited to enable Sylogist to provide their customers with a comprehensive payment solution that meets the evolving needs of their U.S. and Canadian customers. By leveraging our technology and expertise, we’re confident that this partnership will deliver outstanding value for years to come.”
About Sylogist
Sylogist provides mission-critical SaaS solutions to over 2,000 public sector customers globally across the government, nonprofit, and education verticals. The Company's stock is traded on the Toronto Stock Exchange under the symbol SYZ. Information about Sylogist, inclusive of full financial statements together with Management's Discussion and Analysis, can be found at www.sylogist.com.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
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Discover seamless payment solutions driving growth and success in online markets.
MONTREAL and LONDON, May 31, 2023 – Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today that it has extended its partnership with leading UK online marketplace, OnBuy, to support the innovative eCommerce platform’s ambitious plans for 2023.
OnBuy launched its integration of Nuvei for Platforms, Nuvei’s industry-redefining integrated payments solution for marketplaces, in 2022. Nuvei for Platforms provides access to enterprise-level payments solutions to small and medium-sized businesses by packaging the complete functionality of Nuvei’s core modular platform into a single seamless integration. This includes merchant onboarding, pay-ins and payouts, optimization, orchestration, fraud prevention, risk management, and more.
To further its impressive growth trajectory, OnBuy set out to deliver a series of major updates this year, powered by Nuvei’s next-generation technology and a promise that customers could now enjoy the payment solutions they want, wherever they are.
Commenting on the partnership, OnBuy’s Founder and CEO, Cas Paton, said: “With our rapid growth at significant pace, we needed a partner that understood both our challenges today and could see our vision for tomorrow – and after meeting with most major players in payments, we knew that partner was Nuvei.
Paton continued: “Nuvei’s extensive connectivity and our passion to be the best for customers mean our objectives and values are aligned. We have a huge array of synergies, and have been able to launch the first phase of updates unbelievably quickly. Nuvei’s customer support team is exceptional, helping us to achieve in months what could have otherwise taken years.”
OnBuy was recently named as Europe’s number one fastest-growing eCommerce company by the Financial Times, just months after placing 11th overall at the Deloitte Fast 50 awards. It attributes much of this recognition to prioritizing its customers and sellers, which has been further demonstrated through recent enhancements to its payments capabilities and customer experience.Since deploying with Nuvei, the once PayPal-only marketplace has already launched Visa, Mastercard, PayPal, Klarna, Clearpay, Google Pay and Apple Pay. This has allowed OnBuy to offer its customers more payment options than its competitors in a climate of growing consumer demand for choice and convenience.Paton added: “Nuvei has not just delivered a fantastic gateway, but unparalleled experience with risk mitigation, acceptance rate optimization, and conversion rate optimization. Even in the first month after launching, we saw over 35% revenue growth from a 13% increase in conversion rate - and we're only just getting started!”
As part of the transition to Nuvei, OnBuy has also introduced direct payments for sellers, meaning they can now withdraw directly into their WorldFirst, Payoneer, or UK bank account, on a day that suits them.
Helping to remove third-party costs, high international payment fees and complex policies, this move has also opened the marketplace’s doors to more international sellers and made onboarding even easier.
OnBuy and Nuvei have confirmed the partnership upgrades will continue throughout the remainder of 2023, with focus switching to OnBuy’s global expansion plans.Yuval Ziv, President of Nuvei, commented: "OnBuy is an exciting marketplace, and being recognized as Europe's fastest-growing eCommerce business is a major feat for any scale-up business - especially considering that they only operate in the UK currently. Nuvei’s broad local acquiring network, connectivity to over 200 local markets, access to over 600 local alternative payment methods, and vast experience supporting global expansion positions us perfectly to meet OnBuy’s international growth agenda. We look forward to seeing our partnership develop and to take advantage of the exciting opportunities that are available to us in the near future."Paton concluded: “We set out to do something massive for both our sellers and customers this year, and we’ve only just begun.“Nuvei has unlocked a future eCommerce leader in OnBuy, and OnBuy has evidenced how execution can be simplified with a leading global payment partner – and I can’t wait to see what else we can achieve together as we go on the next wave of our journey.“
Together, OnBuy and Nuvei have many more opportunities to harness and a lot to play for, with internationalisation at the heart of what’s next for OnBuy.”
About OnBuy
Founded in the UK in 2016 by Cas Paton, OnBuy has a simple vision: to be the best choice for every customer, everywhere. The brand has established itself in the eCommerce sector as a pure online marketplace that doesn’t compete with retailers. This fair and transparent approach provides an exceptional experience for buyers by levelling the playing field for sellers.Offering 35 million products, OnBuy gives thousands of verified online retailers the platform to provide competitive prices and exceptional value to customers. From household names to independent sellers, buyers can shop securely for products from a wide range of categories, such as electricals, beauty, home and garden, toys, and baby supplies.Trusted by millions of consumers and world leading brands, OnBuy’s mission is clear; it doesn’t compete, it partners with retailers. By understanding customers, OnBuy continues to deliver the shopping experience that they want again and again. www.onbuy.com
Media Enquiries: Rosie Fitzgerald | Head of Brand | rosie.fitzgerald@onbuy.com
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
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Explore innovative solutions driving growth and market success through streamlined payment processes.
MONTREAL, June 27, 2023 – Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today a new partnership with Geekbuying, a leading Chinese online retailer selling consumer products to a global customer base.
Geekbuying is leveraging Nuvei's global acquiring reach to expand internationally and deliver a seamless and secure shopping experience. Through Nuvei, the eCommerce platform is optimizing payments through enhanced acceptance rates and lower chargebacks, as well as reducing operating costs to accelerate revenue growth.Geekbuying was established in 2012 and has rapidly grown into a trusted brand channel ecosystem, catering to millions of consumers. With a strong commitment to customer satisfaction, Geekbuying provides a wide range of innovative products to over 200 countries and regions.
Apple Zou, Vice President of Geekbuying, commented on the announcement: “Partnering with Nuvei to enhance our global acquiring capabilities not only helps us to reach more customers in markets in every corner of the globe, it also supports our overarching mission to exceed customer expectations through best-in-class service at every stage of the purchasing journey. To celebrate our 11-year anniversary, we’ll be introducing $58 coupons for new customers, promotional activities and a new G-coin system, which will save users money. Nuvei’s expertise will help us maintain our core values of respecting people, exceeding expectations, and pursuing excellence. We’re excited to begin exporting the new Geekbuying platform.”
Philip Fayer, Nuvei CEO and Chair, added: “We are thrilled to partner with Geekbuying to support its ambitious international expansion and help achieve the objective of exceeding its customers’ expectations at the checkout. Our global reach and single integration enable our partners to scale rapidly while continuing to optimize their payments.”This announcement is the latest from Nuvei as it continues to support Chinese companies reach global consumers.
About Geekbuying
Geekbuying is an award-winning eCommerce platform that sells a wide range of consumer products and smart home electronics. Founded in 2012, Geekbuying has over 5 million registered users with 300,000 products sold in over 200 countries. Geekbuying boasts 24-hour customer service and keeps excellence in customer service as its core value.
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
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Explore seamless payment solutions driving enhanced user satisfaction and efficiency.
MONTREAL and ATLANTIC CITY, June 6, 2023 – Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today that it is partnering with Resorts Digital Gaming (RDG) to enable the iGaming operator to offer Nuvei Instant Bank Transfer to online casino players across all of its brands.Based in New Jersey, Resorts Digital Gaming is the digital arm of Resorts Casino and operates several iGaming platforms in the state including ResortsCasino.com and MoheganSunCasino.com.
“We’re dedicated to offering the best user experience in New Jersey to our players, and Nuvei Instant Bank Transfer is one of the most popular and convenient deposit and payout payment methods in the U.S. iGaming market,” said RDG CEO Ed Andrewes
.Andrewes continued: “Integrating Nuvei into our cashier supports our mission to provide all the relevant payment methods our players demand. We’re looking forward to working closely with Nuvei and expanding our partnership where we see opportunities to accelerate our growth.”
Nuvei CEO and Chair Philip Fayer added: “U.S. iGaming operators understand the importance of seamless and relevant payments options for player acquisition and revenue growth. Nuvei Instant Bank Transfer was the first payment method to bring truly instant payouts to the U.S. iGaming market. This enhanced user experience has eliminated the need for players to wait hours or even days when they request to withdraw funds from their gaming accounts.“
RDG is a pillar of the iGaming industry in New Jersey, so we are looking forward to working together to maximize the benefits that our market leading platform and deep knowledge of the industry will bring to their player experience, and ultimately revenues.”
With Nuvei Instant Bank Transfer, players can deposit instantly into their gaming account directly from their bank account. Nuvei’s exclusive relationship and integration with Plaid simplifies this process further; after verification of an initial deposit, funds can be uploaded to a gaming account seamlessly through a single click.Nuvei was also the first payments provider to enable instant withdrawals through an integration with The Clearing House’s Real Time Payments (RTP) Network. All player payout requests where the player’s bank is connected to the RTP Network are settled instantly.
About Resorts Digital Gaming
Resorts Digital Gaming LLC is the digital arm of Resorts Casino Hotel, an Atlantic City favorite offering world-class casino action and sports betting in a relaxed environment that keeps the focus on fun. Resorts Casino Hotel made history as the first American casino outside of Nevada and Resorts Digital Gaming has continued the revolution by offering the most comprehensive online casino in New Jersey. Boasting hundreds of online slots and table games, live dealer games and virtual sports —all through an integrated single sign-on—Resorts Digital Gaming continues to raise the benchmark for iGaming in New Jersey.
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
Explore how this collaboration enhances payment solutions for a better experience.
MONTREAL and COPENHAGEN, May 24, 2023 – Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today it has partnered with Wonderful Copenhagen, the non-profit tourism organisation of the Capital Region of Denmark, to power comprehensive payment services for The Official Copenhagen City Card.
The partnership will enable the optimization of payments for both web and app bookings, allowing users who purchase The Official Copenhagen City Card to enjoy a seamless and efficient payment experience. Wonderful Copenhagen is utilizing Nuvei’s global acquiring reach and unmatched access to over 600 local payment methods to enable its customers in countries across the world to make payments the way they prefer. In addition to enabling traditional online card-based payments for all the major card schemes, Nuvei will enable Wonderful Copenhagen customers to use MobilePay, a popular mobile payment app in Denmark.
Nuvei CEO and Chair Philip Fayer commented on the announcement: ”We are excited to partner with Wonderful Copenhagen and provide payment services for The Official Copenhagen City Card. Our mission is to enable online businesses to connect with a global customer base through payments.”
The Official Copenhagen City Card offers two options: the Copenhagen Card – Discover and the Copenhagen Card – Hop. The Discover card provides access to over 80 attractions, and free public transportation in Copenhagen. The Hop card offers access to over 40 attractions in the city, and free use of Stromma’s Hop-on-Hop-off busses.
About Wonderful Copenhagen
Wonderful Copenhagen is a non-profit organization dedicated to promoting Copenhagen as a destination for tourism and business. The organization works closely with local partners and stakeholders to ensure that visitors to Copenhagen have a positive and memorable experience.
For more information, visit https://www.wonderfulcopenhagen.com.
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
Nuvei, the Canadian fintech company, announces today that it has partnered with one of the world’s most prominent airlines, Virgin Atlantic
MONTREAL, November 28, 2022 – Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today that it has partnered with one of the world’s most prominent airlines, Virgin Atlantic. Nuvei builds on its exceptional technology with customized solutions designed for some of the largest companies in the industry.
By partnering with Nuvei, Virgin Atlantic will provide customers with a frictionless payment experience; enabling them to pay using the methods they know and trust, globally. The agreement gives Virgin Atlantic access to Nuvei’s proprietary modular platform designed to boost acceptance rates and accelerate revenue. This agreement is the latest in a series of partnerships with leading travel companies such as Air Transat, Scott Dunn, Selina, and others.
“We have always shown a commitment to accelerating business for the travel industry and our recent partnerships in the space are reflective of this,” said Philip Fayer, Nuvei Chair and CEO.
“We’re looking forward to providing Virgin Atlantic customers with seamless, localized and intuitive digital payment experiences, fit for a modern world,” Fayer added.
The global travel industry is projected to have a market volume of US$992.10bn by 2026. 73% of the total revenue will be generated through online sales by 2026, making digital payments instrumental to industry growth.
Commenting on the partnership, Keli Sandeman, Payment Strategy Manager at Virgin Atlantic stated: “We chose to work with Nuvei because we too believe that strategic payments can accelerate revenues; they are a key touchpoint with our customers – another chance to impress.
“From the outset, we formed a true partnership with the Nuvei team. Their deep global payment expertise is complemented by their human approach to doing business and desire to work with us to accelerate our business growth. We’re looking forward to taking our payment strategy to new heights, by working with Nuvei,” Sandeman said.
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 45+ markets, 150 currencies and more than 585 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.
Investor Relations
Virgin Atlantic was founded by entrepreneur Sir Richard Branson in 1984, with innovation and amazing customer service at its core. In 2021, Virgin Atlantic was voted Britain’s only Global Five Star Airline by APEX for the sixth year running in the Official Airline Ratings. Headquartered in London, it employs 6,500 people worldwide, flying customers to 27 destinations across four continents. Alongside shareholder and Joint Venture partner Delta Air Lines, Virgin Atlantic operates a leading transatlantic network, with onward connections to over 200 cities around the world. On 3 February 2020, Air France-KLM, Delta Air Lines and Virgin Atlantic launched an expanded Joint Venture, offering a comprehensive route network, convenient flight schedules, competitive fares and reciprocal frequent flyer benefits, including the ability to earn and redeem miles across all carriers. Sustainability remains central to the airline and since September 2019, Virgin Atlantic has welcomed seven brand new Airbus A350-1000 aircraft, helping to transform the fleet into one of the youngest, quietest and most fuel efficient in the sky. By 2022, the airline will operate a streamlined fleet of 38 twin engine aircraft following the retirement of its B747-400s and A340-600s, making its simplified fleet 10% more efficient than before the Covid-19 crisis impacted. For more information visit www.virginatlantic.com or via Facebook, Twitter and Instagram @virginatlantic.
Nuvei has extended its partnership with Holland Casino Online, a leading iGaming operator in the Netherlands, to provide instant payouts to Holland Casino Online players by integrating SEPA Instant Credit Transfer into its cashier.
MONTREAL and AMSTERDAM, December 14, 2022 – Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today it has extended its partnership with Holland Casino Online, a leading iGaming operator in the Netherlands, to provide instant payouts to Holland Casino Online players by integrating SEPA Instant Credit Transfer into its cashier.
Dutch players are now able to immediately access funds from their iGaming account when a request for payout is made via an instant bank transfer. With players no longer prepared to wait hours or even days for payout requests to be settled, offering SEPA Instant transfers is a significant upgrade to an already market-leading deposit and payout experience.
Enabling players to request instant payouts via SEPA is the latest upgrade Nuvei and Holland Casino Online have integrated into the operator’s cashier in 2022. Nuvei partnered with Holland Casino Online earlier this year as the operator’s principal payments provider, and supported the operator as it launched as the first live platform in the newly regulated Dutch iGaming market.
Nicolas Fleiderman, Manager of Holland Casino Online, commented on the announcement: “We’re thrilled to launch SEPA Instant Credit Transfer, a significant upgrade for our players who want direct access to their funds when they request a withdrawal from their iGaming account at Holland Casino Online.
“We have always been determined to offer Dutch players the best iGaming experience in the market, including superior deposit and payout experiences, which is why we chose to partner with Nuvei to launch our iGaming platform. Being able to offer our players SEPA instant payouts via the same single integration with Nuvei strengthens our cashier proposition even further,” Fleiderman added.
Nuvei President Yuval Ziv said: “Giving players instant access to their funds once they request a payout is a critical element of a market-leading payments experience in the iGaming industry. Enabling Holland Casino Online to customize its cashier to offer this to its players demonstrates yet again why Nuvei is the leading payments provider for the global iGaming industry.
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 45+ markets, 150 currencies and more than 580 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.
Public Relations
Paya will add more verticals, deep space for growth: Nuvei CEO
Philip Fayer, chair and CEO of Nuvei, joins BNN Bloomberg to discuss the rationale behind acquiring Atlanta-based digital rival, Paya Holdings for U.S. $1.3B. He says the deal will enhance Nuvei's ability to execute on high-growth integrated payment opportunities. Watch it here
Meet Nuvei. Our future-proof technology allows businesses to accept cutting-edge payment options, optimize new revenue streams, and get the most out of your existing stack—all on one platform.
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