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Nuvei (TSX:NVEI) selected by Arcadier to enhance payment processing capabilities

Technology
TSX:NVEI
08 September 2022 10:45 (EDT)
Nuvei Corp.

(Source: Nuvei Corp.)

Nuvei Corporation (NVEI) has been selected by Arcadier as its preferred payment partner in the U.S., Latin America, Europe, the Middle East, and Africa.

Arcadier’s merchants will benefit from customizable reporting and reconciliation dashboards to track seller accounts, volumes, chargebacks, and transactions. With one click, Arcadier’s marketplace sellers can add more than 570 alternative payment methods into their check-out flows and immediately start selling online to local customers.

Arcadier’s portfolio of merchants will also use Nuvei’s fast and frictionless onboarding and API capabilities, conversion optimization technology, and built-in smart routing, tokenization, streamlined know-your-customer (KYC) and know-your business (KYB) processes.

Arcadier Chief Commercial Officer Gary Ramsell, commented on the news.

“Flexibility is power, so sophisticated engineering is at the heart of our platform’s success, Nuvei’s payment solution has allowed us to give our customers access to innovative payment technology that adapts to the needs of every marketplace. An API-based approach to our marketplace platform allows merchants to flex and adapt. This agility is important as we work with a global network of certified development partners, like Nuvei, to customize any solution.”

Nuvei President Yuval Ziv, commented on the partnership with Arcadier.

“Arcadier is a forward-focused technology company at the forefront of the latest marketplace trends. At Nuvei, we are trusted for our local and global payment solutions that are designed specifically to relieve merchants of the complexities inherent to multi-channel payments. We’re delighted to support Acadier’s push into new markets.”

Through the partnership with Nuvei, Arcadier’s merchants will experience quick and simple approval processes to get their eCommerce offerings up and running.

Asia-based Arcadier is a leading SaaS B2C and B2B marketplace platform.

Nuvei Corp is a provider of payment technology solutions to merchants and partners. The solutions provided are mobile payments, online payments, and In-store payments.

Nuvei Corporation (NVEI) is up 1.85 per cent on the day, trading at C$39.17 per share at 10:30 am ET.


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