Source prnewswire
Nuvei enters global payments partnership with Microsoft
The Canadian fintech company Nuvei Corporation ("Nuvei" or "the Company"), the Nasdaq-listed company and TSX-listed company, has announced today that it has partnered with Microsoft to offer its customers leading payment experiences across many of its key markets with Nuvei's products, solutions, and services.It is expected that Microsoft will start implementing Nuvei's customizable and agile payment technology in the Middle East and Africa region, as well as benefit from Nuvei's deep understanding of local markets, to optimize payments across both Microsoft's Office and Xbox product portfolios for recurring billing and individual transactions.In addition to optimizing authorization rates through local acquisition and improving risk management that minimizes false declines as a result of Nuvei's global payments capabilities, Microsoft is also taking advantage of Nuvei's ability to offer all of the relevant local alternative payment methods (APMs) to each market through a single integration.. Nuvei Chairman and CEO Philip Fayer said in a statement: "It is a testament to our technology and to our commitment to providing world class customer service that we are able to connect Microsoft to its customers across such a wide range of products". We are excited to be able to optimize payments for such a universal brand that is trusted and relied upon by so many people around the world We are excited to be able to optimize payments for such a universal brand that is trusted and relied upon by so many people around the worldIt is a pleasure for Microsoft to extend its payment solutions to the Middle East and Africa region, said Ajith Thekadath, Microsoft's Vice President of Global Payments. Payment is an essential part of the overall customer experience, whether it is a one-time purchase, software subscription, or in-game purchase. By partnering with Nuvei, our customers have the option of paying anywhere and anytime.In order to extend the partnership across a wide range of geographies and use cases,
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