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Nuvei accelerates roll out of embedded payments solution

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.   

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Gavin Haycock
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