Nuvei and Curve to Optimize Digital Wallet Payments

Nuvei and Curve to Optimize Digital Wallet Payments

Time Stamp: October 23, 2023 5:47 AM
Source Node: 2344241

To optimize
card payments and introduce alternative payment methods for its digital wallet,
Curve has announced a new partnership with the Canadian fintech firm Nuvei Corporation.
The move is expected to improve customer experience, reduce operational costs,
and accelerate expansion plans.

Nuvei’s payment
technology will enable Curve, a banking platform, to accept both VISA and Mastercard transactions.
The technology uses a smart routing engine to maximize card payment acceptance
while minimizing operational costs. Curve users can soon expect to have access
to all relevant alternative payment methods (APMs) in the markets where Curve
operates.

Curve will
also leverage Nuvei’s real-time reporting tools, offering a comprehensive
analytics portal to monitor all transactions. This feature is particularly
crucial for the financial services sector, enabling effective payment traffic
routing and optimization of payment flows.

“Our goal
at Curve is to be the most customer-centric app, simplifying the way they
spend, so industry-leading customer experience is critical to Curve’s service,”
Shachar Bialick, the Founder & CEO at Curve, commented on the announcement.

Recently,
Nuvei announced the expansion of its service, including APAC and China. The Canadian
fintech company wants to target e-commerce firms in the region.

Curve’s Customer-Centric
Goals

Bialick emphasized the importance of customer experience in their service. He also
highlighted how Nuvei’s global reach would fast-track Curve’s international
growth without compromising payment optimization.

Philip
Fayer, the Chair and CEO of Nuvei noted the competitive nature of the
financial services market. “We are proud to partner with Curve to enhance the
product it is offering to its customers and to enable Curve to reach its
customers wherever they are and however they want to pay.”

Curve is a
financial super app consolidating various financial products and services into
one platform. It operates in 31 markets across the UK and the European Economic
Area and supports Mastercard, Visa, and Diners Club networks.

How Does Nuvei’s Tech Help Curve’s Payments?

Nuvei’s
technology plays a crucial role in enhancing Curve’s payment business. One primary method it employs is the provision of card-acquiring services. These
services enable the banking platform to seamlessly process Visa and Mastercard transactions
through its app and card. Additionally, Nuvei opens doors for Curve to a plethora
of APMs in each market it operates in. This allows the online banking portal to adapt to various
global payment preferences.

Another
advantage is Nuvei’s smart routing feature, which optimizes the path of card
transactions to maximize acceptance rates while minimizing costs. Moreover,
Nuvei’s platform is designed to ensure low latency and high uptime,
guaranteeing a seamless payment experience for Curve’s customers.

To optimize
card payments and introduce alternative payment methods for its digital wallet,
Curve has announced a new partnership with the Canadian fintech firm Nuvei Corporation.
The move is expected to improve customer experience, reduce operational costs,
and accelerate expansion plans.

Nuvei’s payment
technology will enable Curve, a banking platform, to accept both VISA and Mastercard transactions.
The technology uses a smart routing engine to maximize card payment acceptance
while minimizing operational costs. Curve users can soon expect to have access
to all relevant alternative payment methods (APMs) in the markets where Curve
operates.

Curve will
also leverage Nuvei’s real-time reporting tools, offering a comprehensive
analytics portal to monitor all transactions. This feature is particularly
crucial for the financial services sector, enabling effective payment traffic
routing and optimization of payment flows.

“Our goal
at Curve is to be the most customer-centric app, simplifying the way they
spend, so industry-leading customer experience is critical to Curve’s service,”
Shachar Bialick, the Founder & CEO at Curve, commented on the announcement.

Recently,
Nuvei announced the expansion of its service, including APAC and China. The Canadian
fintech company wants to target e-commerce firms in the region.

Curve’s Customer-Centric
Goals

Bialick emphasized the importance of customer experience in their service. He also
highlighted how Nuvei’s global reach would fast-track Curve’s international
growth without compromising payment optimization.

Philip
Fayer, the Chair and CEO of Nuvei noted the competitive nature of the
financial services market. “We are proud to partner with Curve to enhance the
product it is offering to its customers and to enable Curve to reach its
customers wherever they are and however they want to pay.”

Curve is a
financial super app consolidating various financial products and services into
one platform. It operates in 31 markets across the UK and the European Economic
Area and supports Mastercard, Visa, and Diners Club networks.

How Does Nuvei’s Tech Help Curve’s Payments?

Nuvei’s
technology plays a crucial role in enhancing Curve’s payment business. One primary method it employs is the provision of card-acquiring services. These
services enable the banking platform to seamlessly process Visa and Mastercard transactions
through its app and card. Additionally, Nuvei opens doors for Curve to a plethora
of APMs in each market it operates in. This allows the online banking portal to adapt to various
global payment preferences.

Another
advantage is Nuvei’s smart routing feature, which optimizes the path of card
transactions to maximize acceptance rates while minimizing costs. Moreover,
Nuvei’s platform is designed to ensure low latency and high uptime,
guaranteeing a seamless payment experience for Curve’s customers.

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