Nuvei whitepaper surveyed 300 international
enterprise-level businesses to discover how incremental payment
wins drive revenue gains
MONTREAL, Feb. 15,
2024 /CNW/ -- Nuvei Corporation ("Nuvei" or the
"Company") (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech
company, announces today the launch of its latest research
whitepaper, Accelerating revenue growth: How incremental
payment optimization can drive up to 30% revenue gains,
which places a spotlight on the role that strategic payment
optimization can play in significantly enhancing eCommerce
business' revenue.
To compile the whitepaper data, Nuvei commissioned research to
survey more than 300 global merchants and interviewed payments
leaders from worldwide brands. Key takeaways from the research
include:
- 30-40% of authenticated transactions for eCommerce merchants
are declined
- 20-40% of those declines result in a fully lost
transaction
- 70% of overall cart abandonment happens after the customer
enters the checkout flow
The extensive research offers a wealth of insights, practical
strategies, case studies, and convenient scorecards for businesses
seeking to harness the full power of their payments to combat these
issues and optimize their revenue growth.
Philip Fayer, Nuvei Chair and
CEO, commented on the announcement: "Payment optimization is key to
helping our customers accelerate their revenue. Our latest research
highlights the reasons it should be at the core of any payment
strategy. At Nuvei, we're not just enhancing payment processing;
we're revolutionizing it. By understanding the nuances of payments
optimization, we intelligently apply functionality and features at
every stage; pre-transaction, during transaction routing, and
post-transaction to achieve the highest approval rates
possible."
Accelerating revenue growth: How incremental payment
optimization can drive up to 30% revenue gains is
available to download now.
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 680
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
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SOURCE Nuvei