In a recent development, Canadian fintech firm Nuvei Corporation announced that major Colombian payment processor Redeban integrated the company's 'Nuvei for Platforms' embedded payments solution.
After working with Nuvei for a long time, Redeban has now incorporated its 'Nuvei for Platforms' to help meet the merchants' payment needs. Businesses can now add payments to their own platforms by using this product, which is fully customizable. The solution was made for processors like Redeban as well as banks, large fintechs, e-commerce platforms, and marketplaces.
With a single integration, Nuvei's core modular platform gives Redeban access to all its features, such as merchant onboarding, payments in and out, optimization, orchestration, fraud management, and risk management.
Philip Fayer, Chairman and Chief Executive Officer of Nuvei, expressed that the company's new product, Nuvei for Platforms, is designed to aid businesses like Redeban in increasing their revenue through various payment methods.
He stated, "We're increasingly finding that businesses look to us to help them drive innovation, grow their business, and better connect with their customers. With the rollout of Nuvei for Platforms we provide access to cutting-edge technology in an easy-to-integrate and flexible way that serves business needs both today and in the coming years."
(Source – GlobeNewswire)
Philip Fayer added, "We are excited to extend our partnership with Redeban and also really pleased with the interest we are seeing from businesses inside and outside of Latin America that want to know more about how Nuvei for Platforms can help them improve their customer experience."
(Source – GlobeNewswire)
About Nuvei
Canadian financial technology firm Nuvei helps companies of all sizes save time and money. The modular, adaptable, and scalable technology of Nuvei enables market leaders to accept the next generation of payments, provide customers with a full range of payout alternatives, and take advantage of card issuing, banking, risk, and fraud management services. Nuvei delivers the technology and data for clients and partners to flourish locally and worldwide with one integration, connecting businesses to their customers in more than 200 markets with local acquiring in 45+ markets, 150 currencies, and more than 580 different payment options.