Nuvei - CEO, Philip Fayer.
CEO, Philip Fayer.
Source: Nuvei.
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  • Nuvei Corporation (NVEI) is partnering with Multi Wholesale Supplies for card processing, global card acquisition, and fraud management services
  • Nuvei and Multi Wholesale Supplies is moving B2B merchants away from invoice billing to real time payments
  • Nuvei’s (NVEI) 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 currently in the green by 6.11 per cent on the day, trading at C $43.92 per share at 1:15 pm ET

Nuvei Corporation (NVEI) is partnering with Multi Wholesale Supplies for card processing, global card acquisition, and fraud management services.

Multi Wholesale Supplies is a Prague-based, top business-to-business retailer for medical equipment, and Nuvei is calling itself “tomorrow’s payment platform.”

Nuvei envisions its revenue to ramp up with this partnership in supporting a leading B2B medical retailer with card acquiring and anti-fraud tools to boost conversion.

Nuvei and Multi Wholesale Supplies is moving B2B merchants away from invoice billing to real-time payments, driving the medical supply industry forward. Due to Nuvei’s flexible acquiring services, Multi Wholesale Supplies can initiate consistent transactions to increase its B2B conversion rates. Nuvei also has a very effective anti-fraud system that quickly identifies risky transactions with potential chargebacks, increasing revenue within the medical supply industry.

The CEO and Chair of Nuvei remarked on the partnership.

“We’re continually growing our Europe-focused B2B payments offering. As a company that believes in technological innovation and exceptional service, we’re delighted to work with Multi Wholesale Supplies.”

Leveraging Nuvei’s more than 550 alternative payment methods and local acquiring in 46 markets, Multi Wholesale Supplies can now facilitate seamless payments for medical professionals with payment methods of their choice.

The Director of Multi Wholesale Supplies added,

“We pride ourselves on superior customer service that helps our clients’ patients and customers live healthier, happier, more comfortable lives. Working with Nuvei has allowed us to enhance our approach to payments as we focus on growing our business in and beyond Europe.”

Multi Wholesale Supplies is a top provider of medical products and equipment. The company’s target market includes private offices, wholesalers, medical and dermatology clinics, medical spas, stores and more.

Nuvei (NVEI) is tomorrow’s payment platform. 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 currently in the green by 6.11 per cent on the day, trading at C $43.92 per share at 1:15 pm ET.

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