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The Green Sheet Online Edition

July 08, 2019 • Issue 19:07:01

New Products

Integrated platform helps ISOs, ISVs, payfacs grow

Nuvei, a global payment solutions provider and community of payments experts, launched NuveiPartner.com, a website designed to provide information and access to Nuvei solutions, support and revenue opportunities. The portal provides integration tools and a range of technologies, products and services, according to company representatives.

Philip Fayer, Nuvei chairman and CEO, said the portal reflects the company's partner-centric culture. "Nuvei has built an entire network to better service its partner channels, offering customized solutions, experienced teams and strategic business support to ensure long-lasting and mutually rewarding partnerships," he said. "It's the relationships that we build with each of our partners – and the commitment to their ongoing success – that make us unique."

Fayer said the Nuvei partner portal is easy to navigate and provides a centralized hub for partners, software developers and channel partners. In addition to its flexible partnership models, Nuvei provides the infrastructure, technology and expertise to help partners solve complex challenges and gain a competitive advantage.

Community of payments experts

Technology alone cannot fully address the needs of businesses, Fayer said. Our community of payments experts, who understand the evolving payments ecosystem, guide and support our partners. By working together, we leverage technology to build better businesses, he noted.

"In the ISO world, a lot of independent agents have become ISOs, and they too want to figure out how to maintain momentum," added Allan Lacoste, executive vice president – partnership group at Nuvei. "Some are finding niche markets and becoming ISVs. The difference between us and everyone else is that we have figured out how to bring everyone with us on the ride."

Lacoste further noted that Nuvei provides flexible business models and tailored solutions. Channel partners can white label Nuvei partner dashboards; payfacs can test solutions in a sandbox and resellers can find a range of value-added products on the portal, he stated.

Diverse partner models

Nuvei's partner website provides information, resources and hosted content by channel partners. Following are examples Nuevi provided of its diverse partnership models:

  • Integrated software vendors (ISVs): Nuvei facilitates secure, easy integrations to improve customer service and generate new revenue streams. Partners receive automated underwriting and instant merchant onboarding, as well as APIs and SDKs for a variety of integrations.
  • Payment facilitators (payfacs): Nuvei provides turnkey payment aggregation, simple merchant enrollment, instant onboarding and automated underwriting. Partners assume zero liability for risk, chargebacks, fraud, security and compliance. Customizable platforms include transaction reporting, simplified back-office user interface and managed sub-merchant funding and billing.
  • ISOs and agents: Nuvei offers ISOs and merchant level salespeople aggressive buy rates and commission plans to help them grow and scale, multiple bonus lines, lifetime residuals, lucrative buyout options, and diverse revenue streams with multiple value-adds. In addition to back-office reporting and support, partners have access to the ISO Guru program and coach-based business development.
  • Individual referral partners: Nuvei referral partners can earn upfront bonuses when referred merchants are activated. Participants can join the program at no charge and do not need merchant services or sales experience to participate.

Lacoste summarized Nuvei's goal as innovating with partners to transform the merchant community. "Our automated technologies accelerate integration, front-end capture and settlement and merchant onboarding," he added. end of article

Website: www.nuveipartner.com Contact: alacoste@nuvei.com

The Green Sheet Inc. is now a proud affiliate of Bankcard Life, a premier community that provides industry-leading training and resources for payment professionals. Click here for more information.

Notice to readers: These are archived articles. Contact names or information may be out of date. We regret any inconvenience.

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