Nuvei and American Express join forces to facilitate seamless account-to-account payments between merchants and their customers
Retrieved on:
Thursday, November 2, 2023
MONTREAL, Nov. 2, 2023 /PRNewswire/ -- Pay with Bank transfer, powered by American Express ("PwBt"), announces it has selected Nuvei Corporation ("Nuvei") (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, as its first acquirer authorised to promote and sell PwBt's Open Banking-enabled payment method.
Key Points:
- Nuvei will be promoting PwBt to both existing and prospective UK merchants, supporting them with the integration of the Open Banking payment method into their ecommerce platforms.
- Nuvei customers will be able to integrate PwBt directly into their online checkout through their existing connection to Nuvei technology.
- "Our mission is to enable our customers to get closer to their customers through payments, wherever they are and however they want to pay.
- The technology is powered by American Express but open to everyone with a UK bank account, meaning that customers can benefit from the frictionless payment method and enjoy American Express' bank-level security.