Nuvei's unified commerce solution will exclusively power The
Master Group's eCommerce and retail checkouts in Canada
MONTREAL, March 14, 2024 /CNW/ -- Nuvei Corporation
("Nuvei" or the "Company") (Nasdaq: NVEI) (TSX: NVEI), the Canadian
fintech company, announces today that it has partnered with The
Master Group, Canada's largest
distributor in the HVAC-R industry, to optimize The Master Group's
payments functionality and drive faster growth through an enhanced
omnichannel experience.
The Master Group is leveraging Nuvei's unified commerce solution
to accept credit and debit card payments seamlessly across its
online and in-store sales channels. By adding card acceptance
capabilities online through this new partnership, The Master Group
can now provide a more convenient payment experience to customers
who previously may have relied on cash or check payments on
delivery, or to pick up orders in person.
In addition to streamlining payments for existing customers,
Nuvei's technology is enabling The Master Group to expand into a
broader market by enabling delivery and online payment options for
the first time. Customers can now complete purchases through their
preferred payment methods and channels for a fully digitized
checkout experience that meets modern expectations.
The Master Group has selected Nuvei as its exclusive Canadian
payments partner based on its ability to simplify payments, unify
reporting and customer data across channels, and provide
best-in-class checkout capabilities backed by enterprise-grade
security and optimization features.
"Our customers' needs are evolving, and we required a payments
partner that could provide the innovation, agility and scalability
to keep pace with changing demands," stated John Kaul, President of The Master Group.
"Nuvei's unified commerce solution equips us to meet our customers
wherever and however they want to pay while streamlining our own
operations. We're excited about the growth opportunities this
partnership unlocks."
"Businesses across industries are recognizing the value of
offering true omnichannel payments to create frictionless customer
experiences and expand into new sales channels and markets," added
Philip Fayer, Nuvei Chair and CEO.
"We're proud to partner with The Master Group as they embrace
digital transformation and look forward to supporting their
continued success."
About The Master Group
The Master Group is Canada's
largest and one of North America's
leading heating, ventilation, air conditioning and refrigeration
industry distributors. The company celebrated 70 years in business
in March 2022 and has been named one
of Canada's Best-Managed Companies
since 2010. Master provides solutions to customers in the
residential, commercial, institutional and industrial sectors.
Today, the company employs over 1,500 dynamic and dedicated team
members. Together, the Master team serves the industry from 85
branches and seven distribution centres across Canada and the
United States.
To learn more about The Master Group, visit www.master.ca
About Nuvei
Nuvei (Nasdaq: NVEI) (TSX: NVEI) is the Canadian fintech company
accelerating the business of clients around the world. Nuvei's
modular, flexible and scalable technology allows leading companies
to accept next-gen payments, offer all payout options and benefit
from card issuing, banking, risk and fraud management
services. Connecting businesses to their customers in more than 200
markets, with local acquiring in 50 markets, 150 currencies and 680
alternative payment methods, Nuvei provides the technology and
insights for customers and partners to succeed locally and globally
with one integration.
For more information, visit www.nuvei.com
NVEI-IR
Contact:
Public Relations
alex.hammond@nuvei.com
Investor Relations
IR@nuvei.com
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SOURCE Nuvei