Fintech

Canadian fintech company Nuvei and ViaPlus launch payment options for mobility services

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Canadian fintech company Nuvei has partnered with ViaPlus, a US-based transportation company, to improve consumers’ payment methods for mobility services. Through this collaboration, the entities aim to introduce over 700 new payment methods to improve convenience and flexibility for users in multiple countries.

According to the press release, the collaboration between VINCI Highways subsidiary ViaPlus and Nuvei Corporation will simplify the payment process for mobility services. This partnership leverages ViaPlus’ mobile back office, which handles large volumes of transactions, and Nuvei’s global capture and processing capabilities.

The integration introduces ViaPlus Nexus, a new digital payment network. ViaPlus users can now choose from over 700 new payment methods, including Apple Pay and local favorites like Pix in Brazil, Pago Efectivo in Peru and Nequi in Colombia. Furthermore, the system incorporates Alipay, a digital wallet in China.

Speaking about the partnership, Philip Fayer, President and CEO of Nuvei, said: “Our mission is to enable businesses to connect with their customers more deeply, and this partnership is another great example of the power of payments technology to do this. Enabling consumers to pay wherever they are, whenever they want and with whatever payment method they prefer is fundamental to the modern digital experience.”

ViaPlus and Nuvei are rolling out payment solutions in countries served by VINCI Highways, including Brazil, Peru and Colombia. ViaPlus specializes in revenue and service management solutions for the transportation industry, focusing on the high-volume transactions necessary for multimodal mobility.

Growing operations in the APAC region

In April, Nuvei obtained a major payment institution
(MPI) in Singapore to expand operations in the Asia-Pacific region. This license allows Nuvei to offer various payment services, including domestic and cross-border money transfers and merchant acquiring services, to businesses in Singapore.

Additionally, Nuvei’s MPI license grants the company the opportunity to operate three major payment services in Singapore, catering to the diverse needs of businesses in the region. Nuvei has also partnered with Mastercard to scale up its operations in Singapore.

The Canadian fintech company announced this this year plans to privatize its operations in a deal led by Advent International, a private equity investment firm. The all-cash transaction is valued at approximately $6.3 billion. Under the terms of this agreement, Nuvei shareholders will receive $34 per share in cash.

Canadian fintech company Nuvei has partnered with ViaPlus, a US-based transportation company, to improve consumers’ payment methods for mobility services. Through this collaboration, the entities aim to introduce over 700 new payment methods to improve convenience and flexibility for users in multiple countries.

According to the press release, the collaboration between VINCI Highways subsidiary ViaPlus and Nuvei Corporation will simplify the payment process for mobility services. This partnership leverages ViaPlus’ mobile back office, which handles large volumes of transactions, and Nuvei’s global capture and processing capabilities.

The integration introduces ViaPlus Nexus, a new digital payment network. ViaPlus users can now choose from over 700 new payment methods, including Apple Pay and local favorites like Pix in Brazil, Pago Efectivo in Peru and Nequi in Colombia. Furthermore, the system incorporates Alipay, a digital wallet in China.

Speaking about the partnership, Philip Fayer, President and CEO of Nuvei, said: “Our mission is to enable businesses to connect with their customers more deeply, and this partnership is another great example of the power of payments technology to do this. Enabling consumers to pay wherever they are, whenever they want and with whatever payment method they prefer is fundamental to the modern digital experience.”

ViaPlus and Nuvei are rolling out payment solutions in countries served by VINCI Highways, including Brazil, Peru and Colombia. ViaPlus specializes in revenue and service management solutions for the transportation industry, focusing on the high-volume transactions necessary for multimodal mobility.

Growing operations in the APAC region

In April, Nuvei obtained a major payment institution
(MPI) in Singapore to expand operations in the Asia-Pacific region. This license allows Nuvei to offer various payment services, including domestic and cross-border money transfers and merchant acquiring services, to businesses in Singapore.

Additionally, Nuvei’s MPI license grants the company the opportunity to operate three major payment services in Singapore, catering to the diverse needs of businesses in the region. Nuvei has also partnered with Mastercard to scale up its operations in Singapore.

The Canadian fintech company announced this this year plans to privatize its operations in a deal led by Advent International, a private equity investment firm. The all-cash transaction is valued at approximately $6.3 billion. Under the terms of this agreement, Nuvei shareholders will receive $34 per share in cash.

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