Nuvei - CEO, Philip Fayer.
CEO, Philip Fayer.
Source: Nuvei.
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  • Nuvei Corporation has partnered with Air Transat
  • Nuvei (NVEI) will offer Air Transat customers an enhanced payment experience while providing Air Transat with approval rate optimization and fraud management
  • Under its partnership with Nuvei, Air Transat has secured card acquiring capabilities with enhanced payment processing in 39 markets globally
  • Air Transat has achieved worldwide recognition as a leisure airline
  • Nuvei Corp is a provider of payment technology solutions to merchants and partners
  • Nuvei Corporation (NVEI) opened trading at C$38.72

Nuvei (NVEI) will offer Air Transat customers an enhanced payment experience while providing Air Transat with approval rate optimization and fraud management.

Air Transat is Canada’s third largest airline, with hubs in Toronto and Montreal. The company offers domestic and connecting flights between Europe, the Caribbean, Mexico, the US and Central America. 

Under its partnership with Nuvei, Air Transat has secured card acquiring capabilities with enhanced payment processing in 39 markets globally. This number is expected to grow as the partnership progresses with the addition of more payment options and upcoming support planned.

Annick Guérard, President and CEO at Air Transat, commented on the partnership with Nuvei.

“We believe our relationship with Nuvei goes far beyond that of a typical payment service provider. From the beginning of our engagement, the Nuvei team has shown deep knowledge of payments and the airline sector, as well as a desire to understand our challenges and help us find solutions to them.”

“By choosing to partner with Nuvei, we are not only expanding the payment options we can offer to our travellers but also improving the management of our working capital. Both can have a direct positive impact on our business,” Guérard added.

Nuvei Chair and CEO Philip Fayer added,

“We are seeing, time and time again, that payments, when done right, are a formidable revenue accelerator for our customers, whether that’s through payment orchestration, customized solutions or offering the payment method consumers want.”

“We’re happy to work with Air Transat, a fellow global organization with a shared Canadian heritage, as we help them evolve and expand their payment capabilities internationally,” Fayer added.

Transat has achieved worldwide recognition as a travel provider, particularly as a leisure airline under the Air Transat brand. Air Transat flies to international and Canadian destinations.

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) opened trading at C$38.72.


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