Nuvei is the preferred payment technology partner of major iGaming players in the United States



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MONTREAL, Oct. 04, 2021 (GLOBE NEWSWIRE) – Nuvei Corporation (“Nuvei” or the “Company”) (TSX: NVEI and NVEI.U), the global payment technology partner of successful brands, recently announced a number of leading US iGaming partnerships, including 888 and SI Sportsbook, Carousel Group, Triplebet / Matchbet, PrizePicks and now gaming giant BetMGM.

In addition to connections to a wider range of gaming platforms, since their launch in the region last year, these operators have chosen Nuvei to provide a seamless payment experience for their millions of players in the region. Nuvei has been selected time and time again due to its deep roots with major iGaming operators internationally, as well as its extensive capabilities and knowledge in the rapidly growing US market.

Since entering the US market at the end of 2020, some of the largest US iGaming operators have selected Nuvei to accelerate their growth plans, reduce complexity and introduce payment innovations to millions of US players. Nuvei’s innovative and compliant technology is licensed in all regulated U.S. states and will support carrier expansion in all regulated jurisdictions.

US operators can now take advantage of Nuvei’s cutting-edge technology to ensure high transaction success rates. Through intelligent routing, every transaction is led with the greatest chance of approval. The Company’s customers can benefit from its broad portfolio of relevant payment methods, including cards, ACH and alternative payments. Additionally, game operators can use a variety of other payment services offered by Nuvei, including payment orchestration, gateway, instant deposits, and a full range of real-time withdrawals across cards, ACHs and wallets. digital, as well as net deposits. The goal is to make the payment experience faster, safer and more convenient for all players.

“Our number of recent iGaming partnerships in the United States, including Sports Illustrated, BetMGM and Carousel Group, strengthens our expertise and technological capabilities in the iGaming industry,” said Philip Fayer, President and CEO of Nuvei. “Our leading position in the iGaming and sports betting industry is the result of our continued commitment to provide the best technology to our customers and to provide the best service to their customers. These partnerships reinforce our ambition to continue strengthening our presence and influence in the US iGaming market.

Nuvei’s cashier, for example, simplifies the way sports betting operators process payments and facilitates entry into new regulated markets through its built-in compliance technology. US operators can also choose from a range of additional services offered by Nuvei à la carte, including real-time fraud detection, risk management and instant payments.

Nuvei continues to solidify its position as the technology partner of choice for fantasy sports, iGaming and sports betting brands across the United States, in approved and regulated states.

About Nuvei

We are Nuvei (TSX: NVEI and NVEI.U), the global payment technology partner of successful brands. We provide the intelligence and technology businesses need to succeed locally and globally, through a single integration – propelling them further, faster. By combining payment technology and consulting, we help businesses remove payment barriers, optimize operating costs and increase acceptance rates. Our proprietary platform provides seamless checkout and payment capabilities, connecting merchants to their customers in 204 markets around the world, with local acquisition in 45 markets. With support for over 480 local and alternative payment methods, nearly 150 currencies, and 40 cryptocurrencies, merchants can take advantage of any payment opportunity that comes their way. Our goal is to make our world a local market.

For more information visit www.nuvei.com.

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Source: Nuvei