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Temu Expands Global Payment Options With Nuvei Partnership
Nuvei Corporation (“Nuvei” or the “Company”), the Canadian fintech company, announces today that it has formed a strategic partnership with Temu, the global online marketplace known for value-for-money products, to enhance the shopping experience through providing customers with greater access to their preferred local payment methods.
Temu customers across the globe now enjoy a smooth shopping experience though seamless, secure card payments as well as the ability to pay using their preferred local payment methods. The integration supports local direct card acquiring and popular regional payment options including Konbini, Aupay, and Payeasy in Japan; Mbway, Blik, and P24 in Poland; Bancontact in Belgium; iDeal in the Netherlands; and MBWAY and Multibanco in Portugal. This customer-centric approach will expand further in 2025, with plans to enhance payment experiences in new markets including Colombia, Chile and Canada.
“As online shopping continues to grow, seamless and secure payments are essential for delivering the best possible experience,” commented Philip Fayer, Nuvei Chair and CEO. “By offering hyper-localized payment experiences on a global scale, we’re enabling international eCommerce giants like Temu to develop deeper relationships with their customers through payments, wherever they are and however they want to pay.”
“At Temu, we are committed to making quality products more accessible and ensuring a smooth shopping experience for our customers worldwide,” said a Temu spokesperson. “Providing localized payment options is an important part of improving convenience for customers, and we are always looking for ways to optimize our payment processes to meet the needs of different markets.”
Nuvei’s powerful combination of global reach, extensive alternative payment method connectivity, and best-in-class authorization optimization suite continues to attract leading eCommerce companies. Notable partnerships include other industry leaders such as Charles & Keith, who have selected Nuvei as their payments partner both locally and internationally.
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