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Redeban chooses Nuvei (TSX:NVEI) for embedded payments solution

Shoran Devi, The Market Herald
0 Comments| January 25, 2023

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  • Nuvei (NVEI) announced that Redeban has integrated its Nuvei for Platforms embedded payments solution
  • Redeban has adopted Nuvei for Platforms to help address the payment needs of merchants it serves
  • Nuvei is a Canadian fintech company focusing on accelerating the business of clients around the world
  • Nuvei Corporation (NVEI) is down 0.82 per cent, trading at C$44.64 per share at 3:23 pm ET

Nuvei (NVEI) announced that Redeban has integrated its Nuvei for Platforms embedded payments solution.

Redeban has adopted Nuvei for Platforms to help address the payment needs of merchants it serves. Redeban is the facilitator of the payment industry. It develops innovative and safe electronic payment solutions.

Nuvei product enables businesses to embed payments into their own platforms. The solution was designed for processors like Redeban as well as banks, large fintech, eCommerce platforms and marketplaces.

With a single integration, Redeban expects to benefit from access to the complete functionality of Nuvei’s core modular platform. It includes merchants onboarding, pay-in and pay-outs, optimization, orchestration, fraud, and risk management.

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

“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 today and in the coming years.”

Nuvei is a Canadian fintech company focusing on accelerating the business of clients around the world. Nuvei’s modular, flexible and scalable technology allows leading companies to accept next-gen payments. It offers all payout options and benefits from card issuing, banking, risk and fraud management services.

Nuvei Corporation (NVEI) is down 0.82 per cent, trading at C$44.64 per share at 3:23 pm ET.




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