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Nuvei partners with BigCommerce

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Nuvei (Nasdaq: NVEI) (TSX: NVEI) has partnered with BigCommerce (Nasdaq: BIGC) to provide comprehensive omnichannel payment solutions to BigCommerce customers through its Nuvei for Platforms solution. The partnership, launching across North America, Europe, and APAC, offers a suite of services including payment acceptance, pre-authorization, refund management, advanced 3DS2 technology, multi-currency support, and embedded checkout integration.

Benefits for BigCommerce brands and retailers include bank-agnostic fast settlements, access to alternative payment methods, centralized payment management, and dedicated integration support. The collaboration aims to streamline operations, cater to diverse customer preferences, and optimize payment processing costs with same-day or next-day funding options.

Nuvei (Nasdaq: NVEI) (TSX: NVEI) ha stretto una partnership con BigCommerce (Nasdaq: BIGC) per offrire soluzioni di pagamento omnicanale complete ai clienti di BigCommerce attraverso la sua soluzione Nuvei for Platforms. La partnership, che sarà lanciata in Nord America, Europa e APAC, offre un insieme di servizi tra cui accettazione dei pagamenti, pre-autorizzazione, gestione dei rimborsi, tecnologia avanzata 3DS2, supporto multi-valuta e integrazione del checkout incorporato.

I vantaggi per i marchi e i rivenditori di BigCommerce includono liquidazioni rapide senza dipendenza da banche, accesso a metodi di pagamento alternativi, gestione centralizzata dei pagamenti e supporto dedicato all'integrazione. La collaborazione mira a semplificare le operazioni, soddisfare le diverse preferenze dei clienti e ottimizzare i costi di elaborazione dei pagamenti con opzioni di finanziamento il giorno stesso o il giorno successivo.

Nuvei (Nasdaq: NVEI) (TSX: NVEI) ha formado una alianza con BigCommerce (Nasdaq: BIGC) para proporcionar soluciones de pago omnicanal completas a los clientes de BigCommerce a través de su solución Nuvei for Platforms. La asociación, que se lanzará en América del Norte, Europa y APAC, ofrece un conjunto de servicios que incluye aceptación de pagos, pre-autorización, gestión de reembolsos, tecnología avanzada 3DS2, soporte multi-moneda e integración de pago embebido.

Los beneficios para las marcas y minoristas de BigCommerce incluyen liquidaciones rápidas sin depender de bancos, acceso a métodos de pago alternativos, gestión centralizada de pagos y soporte dedicado para integraciones. La colaboración busca optimizar las operaciones, atender a diversas preferencias de los clientes y reducir los costos de procesamiento de pagos con opciones de financiamiento el mismo día o al día siguiente.

Nuvei (Nasdaq: NVEI) (TSX: NVEI)는 BigCommerce (Nasdaq: BIGC)와 협력하여 BigCommerce 고객에게 종합적인 옴니채널 결제 솔루션을 Nuvei for Platforms 솔루션을 통해 제공합니다. 이 파트너십은 북미, 유럽, APAC에서 출시되며, 결제 수락, 사전 승인, 환불 관리, 고급 3DS2 기술, 다중 통화 지원 및 임베디드 체크아웃 통합을 포함한 다양한 서비스를 제공합니다.

BigCommerce 브랜드와 소매업체에 대한 혜택으로는 은행에 구속받지 않는 신속한 정산, 대체 결제 방법 접근, 중앙 집중식 결제 관리 및 전담 통합 지원이 포함됩니다. 이 협력의 목적은 운영을 간소화하고 다양한 고객의 선호도를 충족하며, 당일 또는 익일 자금 조달 옵션으로 결제 처리 비용을 최적화하는 것입니다.

Nuvei (Nasdaq: NVEI) (TSX: NVEI) a établi un partenariat avec BigCommerce (Nasdaq: BIGC) pour fournir des solutions de paiement omnicanal complètes aux clients de BigCommerce grâce à sa solution Nuvei for Platforms. Ce partenariat, qui sera lancé en Amérique du Nord, en Europe et en APAC, propose un ensemble de services incluant l'acceptation des paiements, la pré-autorisation, la gestion des remboursements, la technologie avancée 3DS2, le support multi-devises et l'intégration du checkout intégré.

Les avantages pour les marques et détaillants de BigCommerce incluent des règlements rapides indépendants des banques, l'accès à des méthodes de paiement alternatives, une gestion centralisée des paiements et un support dédié à l'intégration. Cette collaboration vise à rationaliser les opérations, à répondre aux diverses préférences des clients et à optimiser les coûts de traitement des paiements avec des options de financement le jour même ou le lendemain.

Nuvei (Nasdaq: NVEI) (TSX: NVEI) hat eine Partnerschaft mit BigCommerce (Nasdaq: BIGC) geschlossen, um BigCommerce-Kunden umfassende Omnichannel-Zahlungslösungen über die Nuvei for Platforms-Lösung anzubieten. Die Partnerschaft, die in Nordamerika, Europa und APAC eingeführt wird, bietet eine Reihe von Dienstleistungen an, darunter Zahlungsakzeptanz, Vorabgenehmigung, Rückerstattungsmanagement, fortschrittliche 3DS2-Technologie, Unterstützung für mehrere Währungen und eingebettete Checkout-Integration.

Die Vorteile für BigCommerce-Marken und Einzelhändler umfassen bankunabhängige, schnelle Abrechnungen, Zugang zu alternativen Zahlungsmethoden, zentralisiertes Zahlungsmanagement und dedizierte Integrationsunterstützung. Die Zusammenarbeit zielt darauf ab, die Abläufe zu optimieren, verschiedene Kundenpräferenzen zu berücksichtigen und die Kosten für die Zahlungsabwicklung mit gleichen oder nächsten Finanzierungsmöglichkeiten zu senken.

Positive
  • Partnership expands Nuvei's reach in the global eCommerce SaaS market
  • Offers comprehensive omnichannel payment solutions to BigCommerce customers
  • Provides access to alternative payment methods and fast settlements
  • Enables same-day or next-day funding for quick access to revenue
  • Expands Nuvei's presence in North America, Europe, and APAC markets
Negative
  • None.

Insights

This partnership between Nuvei and BigCommerce is a strategic move that could significantly impact Nuvei's market position and revenue streams. By integrating its payment solutions into BigCommerce's platform, Nuvei gains access to a vast customer base of fast-growing B2C and B2B brands. This expansion into the global eCommerce SaaS market, one of the fastest-growing subsectors of eCommerce, positions Nuvei for potential revenue growth.

The collaboration offers several key benefits:

  • Expanded market reach across North America, Europe and APAC
  • Diversification of revenue sources
  • Enhanced product offering through omnichannel payment solutions
  • Potential for increased transaction volume and processing fees

While the immediate financial impact is not quantified, this partnership aligns with Nuvei's growth strategy and could lead to improved long-term financial performance. Investors should monitor for future updates on transaction volumes and revenue contributions from this partnership.

Nuvei's integration with BigCommerce represents a significant technological advancement in the eCommerce payments landscape. The Nuvei for Platforms solution offers a comprehensive suite of features that address critical needs in modern eCommerce:

  • Omnichannel capabilities bridging online and in-store experiences
  • Advanced 3DS2 technology for enhanced security
  • Multi-currency support for global transactions
  • Embedded checkout integration for seamless user experience

This tech stack positions Nuvei competitively in the market, especially with features like same-day or next-day funding, which can be a significant draw for merchants. The ability to offer enterprise-grade payment solutions to businesses of all sizes through BigCommerce's platform is a notable technological democratization that could drive adoption and growth.

Collaboration brings Nuvei's comprehensive Nuvei for Platform integrated payments solution to BigCommerce customers, including seamless omnichannel experiences

MONTREAL and AUSTIN, Texas, Oct. 22, 2024 /PRNewswire/ -- Nuvei Corporation ("Nuvei" or the "Company") (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, today announced it has partnered with BigCommerce (Nasdaq: BIGC), a leading open SaaS and composable ecommerce platform for fast-growing and established B2C and B2B brands and retailers. This partnership, launching internationally across North America, Europe and APAC, enables BigCommerce customers to access Nuvei's comprehensive suite of omnichannel payment solutions through its Nuvei for Platforms solution, bridging the gap between online and in-store experiences through a single payment processing partner.

Nuvei's offering for BigCommerce customers provides comprehensive transaction processing capabilities, including payment acceptance, pre-authorization, refund management, advanced 3DS2 technology, multi-currency support, stored card processing, and embedded checkout integration. BigCommerce brands and retailers benefit from bank-agnostic fast settlements, access to all the relevant alternative payment methods, centralized payment management, and dedicated integration support. This single, seamless solution empowers businesses to streamline operations, cater to diverse customer preferences, and optimize payment processing costs while ensuring quick access to revenue through same-day or next-day funding.

Philip Fayer, Nuvei's Chair and CEO, commented on the announcement: "We are thrilled to partner with BigCommerce to bring our cutting-edge Nuvei for Platforms payment solutions to their global customer base, beginning in the North American, European and Australian markets. This partnership aligns perfectly with our mission to connect businesses to their customers more deeply through payments, offering tailored solutions that cater to the specific needs of eCommerce businesses that are focused on scaling their business."

Fayer added: "By combining Nuvei's expertise in unified payment solutions with BigCommerce's robust platform, we're providing customers with the tools they need to succeed in both digital and physical marketplaces."

Shannon Ingrey, Vice President and General Manager, APAC, at BigCommerce, stated: "Our partnership with Nuvei further illustrates our commitment to providing customers access to the highest-caliber technologies and service providers available in the industry. Nuvei shares our desire to help brands and retailers sell more and grow faster to maximize success, and we look forward to working together to mutually support customers."

Nuvei For Platforms: Accelerating growth through integrated payments

This partnership is the latest announcement from Nuvei as it continues to strengthen its global reach in the global eCommerce SaaS market, one of the fastest growing subsectors of eCommerce. Nuvei for Platforms, Nuvei's suite of integrated payments solutions, empowers businesses to accelerate growth and drive revenue by providing them with a fully customizable solution to embed enterprise-grade payments technology into their own platforms. This solution enables platforms to offer complex, high-performance payment solutions that were once only available to large enterprises, now accessible to businesses of all sizes.

About BigCommerce

BigCommerce (Nasdaq: BIGC) is a leading open SaaS and composable ecommerce platform that empowers brands and retailers of all sizes to build, innovate and grow their businesses online. BigCommerce provides its customers sophisticated enterprise-grade functionality, customization and performance with simplicity and ease-of-use. Tens of thousands of B2C and B2B companies across 150 countries and numerous industries rely on BigCommerce, including Burrow, Coldwater Creek, Francesca's, Harvey Nichols, King Arthur Baking Co., MKM Building Supplies, United Aqua Group and Uplift Desk. For more information, please visit www.bigcommerce.com or follow us on X and LinkedIn.

BigCommerce® is a registered trademark of BigCommerce Pty. Ltd. Third-party trademarks and service marks are the property of their respective owners.

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 50 markets, 150 currencies and 716 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

NVEI-IR

Contact: 

Public Relations
alex.hammond@nuvei.com

Investor Relations
IR@nuvei.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/nuvei-partners-with-bigcommerce-302283070.html

SOURCE Nuvei

FAQ

What services does Nuvei offer to BigCommerce customers through this partnership?

Nuvei offers comprehensive transaction processing capabilities, including payment acceptance, pre-authorization, refund management, advanced 3DS2 technology, multi-currency support, stored card processing, and embedded checkout integration to BigCommerce customers.

How does the Nuvei partnership benefit BigCommerce brands and retailers?

BigCommerce brands and retailers benefit from bank-agnostic fast settlements, access to relevant alternative payment methods, centralized payment management, dedicated integration support, and quick access to revenue through same-day or next-day funding.

In which regions is the Nuvei and BigCommerce partnership launching?

The partnership is launching internationally across North America, Europe, and APAC (Asia-Pacific) regions.

What is Nuvei for Platforms and how does it relate to the BigCommerce partnership?

Nuvei for Platforms is Nuvei's suite of integrated payments solutions that enables businesses to embed enterprise-grade payments technology into their platforms. This solution is being offered to BigCommerce customers through the partnership.

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