Fintech Company Nuvei has announced today that it is now alive as a prompt payment buyer in Canada.
This launch authorizes Canadian companies to localize domestic transactions via Nuvei, eliminating the need for third -party processors and allowing significantly higher rates of payment approval.
By processing transactions directly through Nuvei, traders can now record more sales, reduce lost transactions and provide a smoother experience to customers.
This milestone further promotes Nuvei’s global strategy to establish immediate acquisition in every major market, reinforcing its commitment to building local infrastructure that supports its vision to allow payments everywhere.
With this announcement, Nuvei provides Canadian businesses:
- Significantly higher rates of approval through local processing and smart routing
- Reduced complexity of payments by eliminating intermediaries
- Support for important card brands and real -time payment options
- Access to over 700 alternative payment methods and 150 coins for international development
- Single report, easier reconciliation and improved exchange cost prediction through a single world platform
- Enhanced capabilities omnichannel to serve customers seamlessly in store and internet
- Increased conversions and better overall payment performance.
“The existence of an immediate buyer in Canada reflects our strategy for building immediate acquisition in every major market,” said Phil Fayer, president and chief executive of Nuvei. “There is no better place to show this than Canada, where our journey began, combining local acquisition with our world platform, helping traders to achieve higher approval rates, develop better conversions and more predictable exchange costs.