Single API integration provides Adobe Commerce
customers access to Nuvei's full payment suite
Key highlights
- Adobe Commerce customers can now access Nuvei's payment
suite through a single API
- Nuvei's global reach and connectivity provides Adobe
Commerce customers with access to card payment acceptance and 680
local alternative payment methods
- Full suite of payment types are available to Adobe Commerce
customers, including online, offline, mobile, in-app, ACH,
one-click and recurring payments
MONTREAL, Jan. 23,
2024 /PRNewswire/ -- Nuvei Corporation ("Nuvei"
or the "Company") (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech
company announces today that they are partnering with Adobe to
provide customers access to their payments technology through their
existing integration with Adobe Commerce, which is part of Adobe
Experience Cloud, and enables businesses to create, manage and
scale their commerce offerings. The partnership enables B2B and B2C
businesses operating on Adobe Commerce to simplify payments
relationships and expand into new markets.
B2B and B2C businesses specializing in a wide spectrum of
verticals including retail and consumer products, manufacturing,
technology, and healthcare, can benefit from the reduction in
complexity of a single integration to Nuvei's agile, full stack
technology.
Nuvei's API integration to over 680 regional alternative payment
methods (APMs) enables Adobe Commerce merchants to reach their
customers, where they are and however they want to pay, through
local, tailored payment experiences. Businesses are also able to
expand internationally through the same, single integration.
In addition to offering APMs in markets across the globe, Adobe
Commerce customers can also enable Automated Clearing House (ACH)
account-to-account transactions in the U.S.
Growth in both volume and value of account-to-account payments
continues to be rapid in the U.S. for both B2C and B2B
transactions, and this trend is set to continue as consumer
adoption accelerates alongside the introduction of the FedNow
instant payment infrastructure to the existing Clearing House Real
Time Payments network.
"After a record-setting holiday season for eCommerce, businesses
are having to adapt quickly to keep up with customer demand for
personalized and convenient online shopping experiences," said
Jason Knell, Senior Director of
Content and Commerce Partnerships at Adobe. "By working with Nuvei,
Adobe Commerce provides merchants greater flexibility in the
payment experience, for consumers shopping online, as well as
across B2B channels."
"We want to enable our customers to reach their customers,
wherever they are in the world and however they want to conduct
ecommerce," said Philip Fayer, Nuvei
Chair and CEO. "For businesses, an effective, personalized approach
to payments strategy is key, and that is what this partnership is
delivering for users of Adobe Commerce."
NVEI-IR
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
Contact:
Public Relations
alex.hammond@nuvei.com
Investor Relations
IR@nuvei.com
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SOURCE Nuvei