inDrive partners with Nuvei to provide payments services in LatAm
By Delisha Fernandes
Nuvei Corporation, a Canadian FinTech company, announced that it has been selected by inDrive, a global mobility solutions, as its payments provider for payouts to its drivers in Latin America.
Nuvei enables inDrive to offer a comprehensive range of payout options, including payments to cards and all relevant alternative payment methods (APMs) in Latin America through a single integration. With Nuvei’s payments technology and extensive acquiring reach, inDrive is integrated into a robust payments infrastructure for seamlessly processing transactions that will accelerate its growth.
We are thrilled to partner with inDrive to elevate the payment experience for rideshare drivers in Latin America,” said Phil Fayer, CEO at Nuvei. “By combining inDrive’s local expertise with Nuvei’s payments technology, we are bringing inDrive closer to its drivers through payments.”
Nuvei’s collaboration with inDrive is significant for the Latin American market, where businesses face unique payment challenges, including lower card acceptance rates and a significant unbanked population that relies on alternative payment methods for financial inclusion. With its deep understanding of the region’s payments landscape, Nuvei is an established payments provider in countries across Latin America.
Alexander Akhmataev, Director of Latin America Countries, inDrive, said, “Our partnership with Nuvei represents another critical step forward in advancing the payments landscape in Latin America. By seamlessly and securely enabling our drivers to receive payments through their preferred methods, InDrive remains steadfast in its commitment to consistently enhance the ridesharing experience, empowering its users with unprecedented freedom of choice”.
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September 29, 2023