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Nuvei Corporation, a Canadian fintech company, has announced that Australian businesses can now access its entire suite of market-leading payment solutions, including processing and acquiring.
Nuvei’s innovative technology, which is designed to accelerate growth, will be a benefit to Australian businesses. Nuvei’s payment platform allows businesses to optimize operating costs and increase conversion rates. It maximizes payments acceptance, minimizes risk and enhances the consumer experience with payments. This includes all relevant and local payment methods.
Nuvei’s latest initiative is to launch in Australia. This follows its success in Hong Kong and Singapore in 2022.
“Our mission is help our customers connect with customers, regardless of their location, payment method, or currency. “We are pleased to launch in Australia, as we have a strong presence in APAC,” Philip Fayer, CEO of Nuvei Chair.
Nuvei Australia is now open after securing regulatory and scheme licences that will allow customers to acquire local goods in Australia.
We understand the importance of local acquiring in payment optimization. This is why Nuvei has a global acquiring network that is unmatched. Fayer said that being able to provide local acquiring solutions to merchants in Australia, Singapore and Hong Kong demonstrates our commitment towards our customers’ growth.
Alternative payment methods (APMs), which are becoming more popular, are emerging as the preferred online payment method for Australian consumers. Nuvei technology allows businesses to accept any of the regional payment methods, including local currencies for cross-border transaction and card acquiring. New Payments Platform (NPP), Australia’s account-to–account fast payment open access infrastructure, gives consumers more control over their payments experience.
