Nuvei's global reach and industry-leading APM
connectivity is enabling the international fashion house to tailor
its online checkout to local markets
MONTREAL and SINGAPORE, March 19,
2024 /CNW/ -- Nuvei Corporation ("Nuvei" or the
"Company") (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech
company, announces today that it has partnered with Charles &
Keith, the Singaporean-based fashion house specializing in
footwear, handbags and accessories, to optimize the brand's
eCommerce payments solution as it continues its rapid global
expansion.
Through a single integration with Nuvei's full stack payments
technology platform, Charles & Keith is now able to accept a
wide range of alternative payment methods (APMs), tailoring its
online checkout experience to local customer preferences across the
brand's markets in Southeast Asia,
Europe and the United States. This includes enabling
popular digital wallets such as Apple Pay and Google Pay, allowing
for a more seamless checkout flow.
Nuvei's smart routing technology is also maximizing Charles
& Keith's card payment authorization rates in each region,
helping drive increased revenue conversion. The brand has already
seen double-digit growth in eCommerce revenues since partnering
with Nuvei.
"Our ambition is to make our unique contemporary fashion
accessible to customers worldwide. Nuvei shares that vision and is
empowering us to localize our payments experience in every market
through a single integration," commented Charles Wong, Co-Founder and CEO at Charles
& Keith. "Nuvei's dedicated support, technological expertise
and payment optimization capabilities have exceeded our
expectations from the very start of this partnership."
In addition to Nuvei's suite of APMs and optimization features,
Charles & Keith highlighted the Company's hands-on service as a
key factor in their decision to choose Nuvei.
"Meeting the diverse payment needs of today's global consumers
demands a truly localized approach combined with deep payments
intelligence," added Philip Fayer,
Chair and CEO of Nuvei. "Our single integration gives Charles &
Keith the ability to stay agile while accessing all the payment
methods, optimization tools and on-the-ground expertise they need
to maximize conversions at the checkout in each geography."
Through its partnership with Nuvei, Charles & Keith plans to
further expand its international eCommerce presence, leveraging
Nuvei's global reach in over 200 markets covering 150 currencies
and APM portfolio. The brand also looks to continue enhancing its
online and mobile checkout experiences as it scales.
About Charles & Keith
Charles & Keith Pte. Ltd., also known as C&K, is a
Singaporean fashion house label founded in 1996, specializing in
footwear, handbags and fashion accessories. Based in Singapore, the brand has a global footprint,
operating more than 600 stores worldwide across 37 countries. For
more information, visit https://www.charleskeith.com.
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