FinTech

Microsoft and Nuvei Join Forces in a Global Payment Partnership

Published December 4, 2023

In a significant development for the payment technology landscape, MSFT (Microsoft Corporation) has announced a global partnership with NVEI (Nuvei Corporation). This partnership marks a strategic move by Microsoft to embrace Nuvei's agile and customizable payment technology across the Middle East and Africa (MEA) region.

Streamlining Payment Solutions

The collaboration between these two tech giants entails Microsoft leveraging Nuvei's technological expertise to enhance payment processing capabilities. The agreement aims to cater to the specific billing needs of Microsoft, particularly in managing recurring transactions. Adopting Nuvei's solutions will allow Microsoft to navigate the complexities of local markets within the MEA region more effectively.

Nuvei's Market Insight

Nuvei's in-depth understanding of local market dynamics stands to benefit Microsoft immensely. Nuvei Corporation, headquartered in Montreal, Canada, has a proven track record in offering cutting-edge payment solutions to itsmerchant partners worldwide. The company's technology solutions streamline payment processes, whether it's for online transactions or physical point-of-sale systems.

About Microsoft Corporation

Known as one of the big players in the global tech industry, MSFT is an American multinational technology company that produces a vast range of products, from computer software and consumer electronics to personal computers and related services. With household name software products like the Microsoft Windows operating systems, the Microsoft Office suite, and renowned Internet browsers, the company has made a significant impact on both the software and hardware markets with its products, including the Xbox video game consoles and the Microsoft Surface lineup of touchscreen personal computers.

About Nuvei Corporation

NVEI provides technology-driven payment solutions across different continents, including North America, Europe, Asia Pacific, and Latin America. Their services are tailored to the unique needs of merchants and partners, helping to facilitate seamless financial transactions globally. Nuvei's commitment to innovation positions them at the forefront of the FinTech industry.

Microsoft, Nuvei, partnership