Nuvei partners with Microsoft on payment experiences

Nuvei (NVEI) announced that it has partnered with Microsoft (MSFT) to deliver payment experiences for customers of its products, solutions, and services across many of its key markets. Microsoft will start using Nuvei’s customizable and agile payments technology in the Middle East and the Africa region, while benefiting from Nuvei’s deep knowledge of local markets to optimize its payments for recurring billing and individual transactions across both its Office and Xbox product ranges. Other benefits of Nuvei’s global payments capabilities Microsoft is harnessing include optimized authorization rates through local acquisition and superior risk management that minimize false declines, as well as Nuvei’s ability to offer all of the relevant local alternative payment methods, or APMs, to each market through a single integration.