Ubuy Partners with Nuvei
The collaboration will empower Ubuy to tap into Nuvei’s alternative payment methods (APMs), helping online businesses to tailor their payment preferences
Topics
Kuwait-based international ecommerce platform, Ubuy has said that it has joined forces with Canadian fintech company Nuvei Corporation to expand its global footprints. The company said the collaboration will empower Ubuy to tap into Nuvei’s alternative payment methods (APMs) and leverage the fintech company’s global reach and local payment market expertise.
Dhari Al Abdulhadi, CTO & Founder of Ubuy said, “We’re delighted to be partnering with Nuvei to offer all the relevant payment methods our customers demand in each market we operate, through a single integration, and without the need to manage many dozens of independent relationships with payments companies.
Philip Fayer, Nuvei’s Chair and CEO said, “As an eCommerce business with customers all over the world, Ubuy’s global appeal is underpinned by checkouts tailored to local markets. We’re proud to support Ubuy as it continues to accelerate its growth.”
The integration with Nuvei will allow Ubuy to enter new markets seamlessly. Nuvei currently provides access to 634 APMs through a single integration, allowing online businesses to tailor their payment methods based on regional preferences, the company said in a statement.
Consumers worldwide have shown a preference for region-specific APMs such as Alipay (China), iDEAL (The Netherlands), and PIX (Brazil). Ubuy, with the support of Nuvei, can now offer its customers in these markets the convenience of paying through their preferred methods, ensuring a seamless and inclusive shopping experience, it said.
