Nuvei Introduces Omnichannel Payments Solution for Global Merchants

Wednesday, 07/02/2024 | 13:51 GMT by Tareq Sikder
  • The technology combines CP and CNP capabilities, serving diverse industries.
  • The firm operates in 50 countries with local acquiring and 680 online payment methods.
Nuvei
Nuvei

Nuvei Corporation, a Canadian fintech company, has unveiled its latest innovation in the payments industry, announcing the launch of its enhanced omnichannel payments solution tailored for merchants and platforms worldwide.

Omnichannel Technology Reshapes Payment Experiences

Breaking ground beyond its North American base, Nuvei's unified commerce offering empowers businesses to revolutionize customer payments experiences with heightened control and unified analytics.

Philip Fayer, Nuvei Chair and CEO
Philip Fayer, Nuvei Chair and CEO, Nuvei, Source: LinkedIn

The proprietary solution, now accessible to customers operating internationally for the first time, is set to redefine the landscape of global payments integration.

Philip Fayer, Nuvei's Chair and CEO, highlighted the significance of a unified payments approach across channels: "A unified approach to payments across channels is increasingly critical for businesses to meet customer expectations, optimize revenues, and accelerate growth."

Nuvei's omnichannel technology seamlessly merges card-present (CP) and card-not-present (CNP) capabilities, catering to various industries including consumer retail, restaurant and hospitality, travel, and iGaming. This integration allows merchants to deliver enhanced, tailored payment experiences across online, mobile, and in-store transactions.

Customization and Flexibility for Businesses

The enhanced solution offers businesses the flexibility to customize pricing, loyalty programs, and incentives across both online and physical channels. Furthermore, consumers can enjoy a cohesive shopping experience, seamlessly transitioning between channels to amend purchases or request refunds.

Nuvei's platform provides comprehensive reporting analytics and insights for CP and CNP transactions, equipping businesses with actionable data to optimize their payment strategies holistically. The streamlined operations, facilitated by a common API, enhance payment processing efficiency, while tokenizing transactions ensures enhanced security across channels.

Merchants can leverage Nuvei's flexible retail payments hardware, including its in-house Verifone Android terminals or opt for a 'bring your own device' model, tailored to their specific requirements. Nuvei's global footprint, spanning local acquiring capabilities in 50 countries and connectivity to 680 alternative online payment methods, enables businesses to seamlessly scale their omnichannel payments internationally.

Nuvei Corporation, a Canadian fintech company, has unveiled its latest innovation in the payments industry, announcing the launch of its enhanced omnichannel payments solution tailored for merchants and platforms worldwide.

Omnichannel Technology Reshapes Payment Experiences

Breaking ground beyond its North American base, Nuvei's unified commerce offering empowers businesses to revolutionize customer payments experiences with heightened control and unified analytics.

Philip Fayer, Nuvei Chair and CEO
Philip Fayer, Nuvei Chair and CEO, Nuvei, Source: LinkedIn

The proprietary solution, now accessible to customers operating internationally for the first time, is set to redefine the landscape of global payments integration.

Philip Fayer, Nuvei's Chair and CEO, highlighted the significance of a unified payments approach across channels: "A unified approach to payments across channels is increasingly critical for businesses to meet customer expectations, optimize revenues, and accelerate growth."

Nuvei's omnichannel technology seamlessly merges card-present (CP) and card-not-present (CNP) capabilities, catering to various industries including consumer retail, restaurant and hospitality, travel, and iGaming. This integration allows merchants to deliver enhanced, tailored payment experiences across online, mobile, and in-store transactions.

Customization and Flexibility for Businesses

The enhanced solution offers businesses the flexibility to customize pricing, loyalty programs, and incentives across both online and physical channels. Furthermore, consumers can enjoy a cohesive shopping experience, seamlessly transitioning between channels to amend purchases or request refunds.

Nuvei's platform provides comprehensive reporting analytics and insights for CP and CNP transactions, equipping businesses with actionable data to optimize their payment strategies holistically. The streamlined operations, facilitated by a common API, enhance payment processing efficiency, while tokenizing transactions ensures enhanced security across channels.

Merchants can leverage Nuvei's flexible retail payments hardware, including its in-house Verifone Android terminals or opt for a 'bring your own device' model, tailored to their specific requirements. Nuvei's global footprint, spanning local acquiring capabilities in 50 countries and connectivity to 680 alternative online payment methods, enables businesses to seamlessly scale their omnichannel payments internationally.

About the Author: Tareq Sikder
Tareq Sikder
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A Forex technical analyst and writer who has been engaged in financial writing for 12 years.

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