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Nuvei's unified commerce solution will exclusively power The Master Group's eCommerce and retail checkouts in Canada
MONTREAL, March 14, 2024 /PRNewswire/ -- 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."
