The Canadian fintech company Nuvei Corporation has partnered with Cash App, introducing Cash App Pay as an online payment method. This collaboration aims to enhance the payment experience and opens up new avenues for businesses seeking to broaden their customer base and accelerate revenue growth.
With the option to make payments by scanning a QR code or tapping Cash App Pay during checkout, the new platform enables users to transact using their Cash App balance or linked debit card. According to the company, businesses integrating Cash App Pay can enjoy increased payment acceptance rates.
Philip Fayer, Nuvei’s Chair and CEO, mentioned in a statement shared on the company’s website: “Cash App Pay is being rapidly adopted as a payment method in the U.S., especially with younger consumer demographics. Our mission is to support our partners to engage with their customers, wherever they are and however they want to pay.”
“This partnership enables businesses to integrate Cash App Pay into their online payments experience effortlessly, attracting new customers and accelerating revenue growth in the process.”
Nuvei’s Commitment to Innovation
This partnership is part of Nuvei’s efforts to expand its portfolio of alternative payment methods (APMs). Nuvei’s customizable platform empowers businesses to effortlessly incorporate relevant APMs into their online checkouts for customers across diverse markets.
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