Nuvei accelerates roll out of embedded payments solution

Rhea-AI Summary

Nuvei Corporation (Nasdaq: NVEI) has launched Nuvei for Platforms, a global payment solution aimed at digital platforms, marketplaces, banks, and fintechs. This customizable product enables businesses to integrate payments into their platforms, either branded or white label. It includes comprehensive functionalities like merchant onboarding, pay-in and pay-out options, and fraud management, all in a single integration. CEO Philip Fayer emphasized the solution’s role in enhancing customer retention and revenue generation through superior payment experiences.

Positive

• Launch of 'Nuvei for Platforms', a global payment solution enhancing payment flexibility.
• Product designed for various sectors, including eCommerce, banks, and fintechs, increasing market reach.
• Offers comprehensive functionalities within a single integration, improving user experience.

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• None.

Nuvei for Platforms gives digital platforms, marketplaces, banks and fintechs more flexible payment capabilities to help accelerate their business

Montreal, Nov. 15, 2022 (GLOBE NEWSWIRE) -- Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today the launch of Nuvei for Platforms, a payments solution being rolled out globally. 

The fully customizable product enables businesses to embed payments into their own platforms as either a Nuvei branded or white label offering. It has been designed to serve the payment needs of eCommerce platforms, marketplaces, banks, processors and large fintechs. 

Nuvei for Platforms comes with the complete functionality of Nuvei’s core modular platform, including merchants onboarding, pay in and pay-outs, optimization, orchestration, fraud, risk management and much more, all in a single and easy integration.  

The new payment-platform-as-a-service solution is well suited for businesses that see payments as a crucial customer retention and revenue generation priority through delivering the best possible experience for their customers. 

“We are thrilled to launch Nuvei for Platforms and help more companies accelerate their business,” said Nuvei CEO and Chair Philip Fayer.   

“It reflects our drive to further diversify our distribution across both direct merchant integrations and through channels such as platforms and banks, making our offering even more ubiquitous Our offering gives our clients access to the most cutting-edge payment processing technology, and under their own brand if they prefer,” Fayer added. 

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 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. 

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• Nuvei launches embedded payments solution

FAQ

What is 'Nuvei for Platforms' and its purpose?

'Nuvei for Platforms' is a new payment solution by Nuvei designed to help digital platforms, marketplaces, banks, and fintechs integrate payment capabilities into their platforms.

When was 'Nuvei for Platforms' launched?

'Nuvei for Platforms' was launched on November 15, 2022.

How does 'Nuvei for Platforms' benefit businesses?

It allows businesses to customize payments, improving customer retention and revenue generation through better payment experiences.

What functionalities does 'Nuvei for Platforms' include?

The solution includes merchant onboarding, pay-in and pay-out options, optimization, orchestration, fraud, and risk management.

Which markets does Nuvei serve with its new offering?

Nuvei serves over 200 markets globally, with local acquiring in 45+ markets and support for 150 currencies.