Including to its present stack of progressive cost strategies, fintech supplier Nuvei now provides help for the world’s hottest cryptocurrencies
MONTREAL and LONDON, March 29, 2021 (GLOBE NEWSWIRE) — Nuvei Corporation (“Nuvei” or the “Firm”) (TSX: NVEI and NVEI.U), the worldwide cost know-how companion of thriving manufacturers, at this time introduced it has added pay-in and payout help for almost 40 of the world’s main cryptocurrencies, together with Bitcoin, Ethereum, Bitcoin Money, Litecoin, NEO, Ripple and more. Now, eCommerce retailers can be a part of the cryptocurrency revolution, providing progressive cost strategies to entry extra prospects world wide, even in beforehand arduous to achieve international locations.
Mainstream adoption of cryptocurrencies has steadily elevated, with the present estimated international market capitalization reaching approximately $1.6 trillion, in accordance with CoinMarketCap. Because the variety of cryptocurrency holders continues to develop, retailers stand to develop their total market share by accepting it as one other different cost methodology (APM).
With client purchasing habits trending more and more extra international – due to the convenience of buying from any website in any nation – supporting cryptocurrencies represents a large market alternative for retailers to draw extra patrons worldwide. Moreover, cryptocurrency funds are more and more turning into extra vital for industries providing giant ticket and excessive quantity items and providers.
“We’re excited to offer one more pioneering answer that empowers our purchasers, giant and small, with frictionless cost experiences and a better alternative to partake in a worldwide market,” stated Philip Fayer, Nuvei’s chairman and CEO. “Nuvei repeatedly strives to supply probably the most related cost mediums for our purchasers and their prospects. Our cryptocurrency help offers handy, safe and prompt transaction processing via a single integration.”
Energetic in over 200 international markets, Nuvei allows entry to the preferred cryptocurrencies along with supporting almost 150 native currencies and over 455 APMs. Retailers can now additional conduct enterprise throughout borders, in addition to past the bounds of the fiat ecosystem. This offers the Firm’s retailers with better attain to shoppers worldwide, and the agility to fulfill demand for extra cost preferences. Additionally they profit from enhanced safety, privateness and integrity of transactions inherent with cryptocurrencies.
With the addition of cryptocurrencies to its platform, Nuvei can now additionally facilitate transactions for the world’s rising curiosity in Non-Fungible Tokens (NFTs) – certifiably singular digital information that symbolize tangible and intangible objects, underpinned by blockchain know-how. NFTs embrace digital paintings, movies, collectibles and different one-of-a-kind belongings for cryptocurrency artwork fans and traders. As of this yr, whole gross sales of NFTs have surpassed $174 million, in accordance with NonFungible.com, which screens the cryptocurrency collectible market.
To find Nuvei’s cryptocurrency cost answer, go to: https://nuvei.com/payment-solutions/cryptocurrency-payments/.
We’re Nuvei (TSX: NVEI and NVEI.U), the worldwide cost know-how companion of thriving manufacturers. We offer the intelligence and know-how companies have to succeed regionally and globally, via one integration – propelling them additional, quicker. Uniting cost know-how and consulting, we assist companies take away cost limitations, optimize working prices and enhance acceptance charges. Our proprietary platform provides direct connections to all main cost card schemes in over 200 markets worldwide, helps 455 native and different cost strategies, almost 150 currencies and 40 cryptocurrencies. Our objective is to make our world an area market.
For extra data, go to www.nuvei.com.
Nuvei Investor Relations
Nuvei Public Relations