back Back

CloudPay & Nuvei partner to offer flexible payment solutions

By Gloria Mathias

July 28, 2023

  • Account Payments
  • Cloudpay
  • Digital Payroll

CloudPay, Nuvei, Payments, Montreal, Employee payments, Transactions, Partnership, London, UKNuvei Corporation, a Canadian FinTech company, and CloudPay, a global employee pay provider, have announced a strategic partnership that enables CloudPay customers to access faster, more flexible payroll solutions.

Nuvei’s agile technology and global reach through a unified solution benefit CloudPay customers that demand the ability to make payroll fast, flexible, and certain. The partnership also supports a broad range of global salary payment solutions, including the capability to push salary payments to cards through Visa Direct, reducing payment times from days to 30 minutes or less.

The global partnership provides CloudPay customers access to fast, flexible payroll solutions. The capabilities generated through the partnership are currently live in the U.S., and an expansion into new regions, including Europe and APAC, is expected to launch before the end of the year.

“This partnership enables us to meet the growing global demand for innovative payment solutions that are transforming the end-to-end employee pay process and providing new ways of attracting and retaining talent,” said CloudPay Strategic Initiatives Director Nick Newman.

The company is elevating pay from an operational function to a business driver through strategic partnerships that extend capabilities and increase speed. Employers looking for ways to elevate the employee transaction experience can now do so at scale across the globe.

Nuvei Chair and CEO Philip Fayer shared, “We’re excited to be demonstrating yet another fantastic use case for our cutting-edge payments’ technology. Our mission is to enable our partners to offer a market-leading payments experience for pay ins and payouts, bringing businesses closer to their customers, or in this case, employees. Enabling CloudPay to offer a transformative payroll solution is just the latest example of how our agile, customizable platform is revolutionizing online payments globally.”

Previous Article

July 28, 2023

Viva Wallet adds Tap to Pay on iPhone for businesses

Read More
Next Article

July 28, 2023

Aevi and Bleu partner to offer contactless payments to merchants

Read More

IBSi Daily News Analysis

Data privacy

July 16, 2024

Account Payments

Rise in sophisticated attacks, state-level threats, and increased ransom DDoS Incidents

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

July 17, 2024

SWiM PAY launches new instant digital payments feature

Read More

July 17, 2024

Mangopay & ManoMano simplify payments for marketplace sellers

Read More

July 17, 2024

Alawneh Exchange taps TerraPay to enhance cross border payments

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q2 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
Get your copy now! IBSi Sales League Table 2024