Familiprix Selects Nuvei As Payment Partner, Enabling Customers To Purchase Products Online For The First Time Due To Partnership With The Canadian Fintech Company
Portfolio Pulse from Benzinga Newsdesk
Nuvei Corporation (NASDAQ:NVEI) has partnered with Familiprix, a major Canadian pharmacy chain, to launch an eCommerce app allowing Familiprix customers to make online purchases for the first time. Nuvei's payment platform will provide authorization, settlement, and user management solutions to Familiprix, aiming to optimize payment operations and enhance customer experience with secure online transactions. The partnership is expected to extend Familiprix's market reach and improve service offerings to its customers across Quebec and New Brunswick.
December 13, 2023 | 2:07 pm
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POSITIVE IMPACT
Nuvei's partnership with Familiprix to launch an eCommerce app is a strategic move that could enhance Nuvei's market presence in the Canadian payment solutions sector and potentially increase its revenue through new customer acquisitions and payment optimization.
The partnership with Familiprix represents a significant business development for Nuvei, as it not only expands its client base but also showcases its payment technology capabilities in the retail pharmacy sector. This could lead to increased trust in Nuvei's services and potentially attract more partnerships in the future. The news is likely to be viewed positively by investors, as it indicates growth and expansion, which could lead to a short-term increase in Nuvei's stock price.
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