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  • Nuvei Corporation (NVEI) is partnering with hospitality brand Selina to expand its frictionless next-gen payment experiences, no matter their location
  • Nuvei is Selina’s payments provider offering local card acquiring services in Europe and Israel, and soon coming to the US, Latin America, and Australia
  • This was developed to specifically target Millennial and Gen Z travellers who, according to Selina estimates, spend approximately $350 billion per year on travel
  • Selina uses its proprietary technology to identify underperforming hotels and works to transform them into cultural hubs through partnerships with local artisans, designers, and food and beverage providers
  • Nuvei (NVEI) is up 2.39 per cent, trading at C$45.83 per share at 12:00 pm ET

Nuvei Corporation (NVEI) is partnering with hospitality brand Selina to expand its frictionless next-gen payment experiences, no matter their location.

Nuvei is Selina’s payments provider offering local card acquiring services in Europe and Israel, and coming soon to the US, Latin America, and Australia. The team is working on adding alternative payment methods later this year.

This was developed to specifically target Millennial and Gen Z travellers who, according to Selina estimates, spend approximately $350 billion per year on travel.

Nuvei Chair and CEO Phil Fayer stated that we are all experiencing first-hand how the Millennial and Gen Z populations are redefining “what good looks like” when it comes to payments across a variety of key verticals.

Selina uses its proprietary technology to identify underperforming hotels and works to transform them into cultural hubs through partnerships with local artisans, designers, and food and beverage providers.

Nuvei’s (NVEI) payment platform is designed to accelerate customers’ business, 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.

Nuvei (NVEI) is up 2.39 per cent, trading at C$45.83 per share at 12:00 pm ET.


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