Montreal’s Nuvei is partnering with San Francisco’s Cash App (formerly Square Cash), a payment method gaining steam in the US.
As per the partnership, businesses can now offer the increasingly popular alternative payment method in their checkout through an existing integration with Nuvei.
“Cash App Pay is being rapidly adopted as a payment method in the U.S.,” says Philip Fayer, chief executive of Nuvei, “especially with younger consumer demographics.”
“This partnership enables businesses to integrate Cash App Pay into their online payments experience effortlessly,” the fintech CEO continued, “attracting new customers and accelerating revenue growth in the process.”
Cash App Pay enables US customers to make online payments either by scanning a QR code or tapping Cash App Pay during a checkout process.
Other recent collaborations involving Nuvei include Plaid, Microsoft, and Adobe.
“Our mission is to support our partners to engage with their customers,” Fayer stated.
Connecting businesses to customers across 200 markets, 150 currencies, and more than 600 alternative payment methods, Nuvei provides technology and insights for partners to succeed locally and globally with one integration.
Nuvei trades on the Toronto Stock Exchange as NVEI.
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