Businesses can now offer the popular
alternative payment method in their checkout through their existing
integration with Nuvei
MONTREAL, Feb. 1, 2024
/PRNewswire/ -- Nuvei Corporation ("Nuvei" or the "Company")
(Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces
today that is has partnered with Cash App, a fast and simple
payment method that enables U.S. customers to make online payments
either by scanning a simple QR code or by tapping Cash App Pay
during the checkout process. Partners in the U.S. can seamlessly
add Cash App Pay to their online checkout through their existing
integration with Nuvei.
Cash App Pay's simple, intuitive
payment experience encourages customers to return to repeat shop,
as well as appeals to younger consumers by providing them with a
convenient way to pay using their Cash App balance or linked debit
card. In addition to winning new customers, diversifying away from
a reliance on card payments also boosts overall payment acceptance
rates and optimizes costs, boosting revenue acceleration
further.
Philip Fayer, Nuvei Chair and
CEO, commented on the announcement: "Cash App Pay is being rapidly
adopted as a payment method in the U.S., especially with younger
consumer demographics. Our mission is to support our partners to
engage with their customers, wherever they are and however they
want to pay. This partnership enables businesses to integrate Cash
App Pay into their online payments experience effortlessly,
attracting new customers and accelerating revenue growth in the
process."
This announcement is the latest from Nuvei as it continues to
build out its industry-leading portfolio of alternative payment
methods (APMs) for its partners to access through a single
integration. Nuvei's agile, customizable platform enables
businesses to effortlessly tailor their online checkouts with all
the relevant APMs in each market they operate.
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
About Cash App
Cash App is the money app. It's the easy way to spend, send, and
store money. Sending and receiving money is free and fast, and most
payments can be deposited directly to a bank account in just a few
seconds. With Cash App, customers can also buy and sell
Bitcoin instantly, get a paycheck deposited right to
the app, create a unique $cashtag to share with anyone to get paid,
and use the Cash App Card to spend the money anywhere VISA is
accepted. Download Cash App for free at cash.app/download.
Debit cards issued by Sutton Bank
pursuant to a license from Visa U.S.A., Inc. Visa is a registered trademark of
Visa U.S.A., Inc. All other
trademarks and service marks belong to their respective owners.
NVEI-IR
Contact:
Public Relations
alex.hammond@nuvei.com
Investor Relations
IR@nuvei.com
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SOURCE Nuvei