Nuvei Strengthens Integration with XDC Network by Supporting New Browser Extension Wallet XDCPay
22 März 2022 - 02:00PM
Nuvei Corporation (Nasdaq: NVEI) (TSX: NVEI), announces today it
has strengthened its integration with XDC Network, the global
open-source Hybrid Blockchain platform, via its integration with
XDC Foundation’s Web3 browser extension wallet, XDCPay. Through the
Simplex by Nuvei solution, XDCPay users will now be able to
purchase XDC with Visa, Mastercard and Apple Pay, using over 100
various local currencies.
The XDCPay browser extension wallet grants easy access to Web3
and the world of decentralized finance, including XDC Network’s own
decentralized apps (Dapps), to developers & XDC users. Dapps
are difficult to access and use, but this plugin, which can be
installed on a Google browser, is bringing the decentralized web to
the mass market.
Simplex by Nuvei initially launched with XDC Network in July of
2021, enabling XDC to be purchased across its partner network of
wallets and exchanges, and providing industry leading security on
every transaction. This latest integration with XDC Network’s new
browser plugin will streamline the onramp process further, allowing
users to buy XDC within the XDCPay wallet, while circumventing
lengthy checkouts from external onramp providers and XDC transfers
from third-party wallets.
Matthew Weisenthal, Director of Technology at XDC Foundation
commented: “Over the past year XDC Network has seen exceptional
growth, both in terms of smart contracts deployed and decentralized
applications built on the network. XDCPay is a Web3 access point
for our diverse, growing ecosystem. With this integration, Simplex
by Nuvei becomes another highly accessible resource for our
community.”
“Our support of XDC Foundation’s new wallet, XDCPay, is an
important milestone in democratizing access to decentralized
finance and allowing easy entry into the XDC Ecosystem to
developers, traders and content creators,” said Nuvei Chair and CEO
Philip Fayer.
XDC Network is a hybrid blockchain platform that is built to
modernize the global trade and finance sector through an
accessible, efficient, and highly versatile decentralized trade
infrastructure. The strengthening of the Nuvei-XDC integration will
now enable seamless interactions with decentralized apps for
millions of users.
About Nuvei
We are Nuvei (Nasdaq: NVEI) (TSX: NVEI), the global payment
technology partner of thriving brands. We provide the intelligence
and technology businesses need to succeed locally and globally,
through one integration – propelling them further, faster. Uniting
payment technology and consulting, we help businesses remove
payment barriers, optimize operating costs and increase acceptance
rates.
Our proprietary platform provides seamless pay-in and payout
capabilities, connecting merchants with their customers in over 200
markets worldwide, with local acquiring in 46 markets. With support
for more than 530 local and alternative payment methods including
cryptocurrencies, and nearly 150 currencies, merchants can capture
every payment opportunity that comes their way. Our purpose is to
make our world a local marketplace.
For more information, visit www.nuvei.com.
About XDC Foundation
XDC Foundation is a not-for-profit entity formed to support the
growth, development and adoption of the XDC Network by
collaborating with an informed and active community of developers,
world trade experts, and content creators. All XDC Foundation
efforts are designed to support those who utilize XDC’s blockchain
technology to more efficiently store and exchange data, assets, and
ideas. For more information about the XDC Foundation, please visit
https://www.xdc.org
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