Source: Nuvei Corporation
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  • Nuvei (NVEI) announced a global partnership with VTEX that will provide greater flexibility and customization for retailers
  • VTEX is the enterprise digital commerce platform where global brands and retailers run their world of commerce
  • Nuvei is the Canadian fintech company providing modular, flexible and scalable technology to companies to accept next-gen payments
  • Nuvei Corporation (NVEI) is down 1.25 per cent, trading at C$43.48 per share at 10:35 am ET

Nuvei (NVEI) announced a global partnership with VTEX that will provide greater flexibility and customization for retailers.

VTEX is the enterprise digital commerce platform where global brands and retailers run their world of commerce. It puts its customers’ businesses on a fast path to growth with a complete Commerce, Marketplace, and OMS solution.

VTEX is expanding deeper into Latin America and new markets across Asia Pacific, North America and Europe. With this new partnership, retailers and brands will benefit from Nuvei’s advanced acceptance rate optimization capabilities, seamless onboarding, and a fully customized approach to accelerate their revenues.

Nuvei was selected by VTEX for its local payment technology expertise in key markets with cross-border payment capabilities. VTEX has more than 2,400 customers and over 3,200 online stores in 38 countries. It works with blue-chip clients such as Sony, AbInbev, L’Oreal, Carrefour, Mazda, Motorola, Black & Decker, Levis, and Whirlpool.

Philip Fayer, Chair and CEO of Nuvei, commented on the partnership.

“We help businesses grow and connect with their customers. VTEX is a global technology company that values collaboration and innovation. We’re proud to be supporting them amid their global expansion.”

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

Nuvei Corporation (NVEI) is down 1.25 per cent, trading at C$43.48 per share at 10:35 am ET.


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