Businesses selling to consumers in Poland will benefit from offering one of the country’s leading online payment methods through their integration with Nuvei.

MONTREAL, November 13, 2023 /PRNewswire/ — Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian financial technology company, today announces that it has added direct connectivity to BLIK, the leading mobile payment method (APM) in Poland, with its set of 669 APMs available for e-commerce businesses to offer via a single integration.

BLIK allows users to make instant payments directly through their mobile banking app. APM is connected to 19 of the country’s leading financial institutions and has enabled almost 2.8 billion transactions valued at 371.4 billion Polish zlotys in just 8 years. Consumers with a bank account at one of these institutions can make an online transfer by requesting a BLIK payment at the merchant’s e-commerce checkout and entering a six-digit code generated in their online banking application.

In addition to traditional BLIK payments, Nuvei also allows merchants to offer BLIK One Click. After the initial transaction, consumers’ financial information is stored, meaning subsequent transactions can be completed through a one-click user experience.

The President and CEO of Nuvei commented: “It is essential that e-commerce companies offer their customers the ability to choose between all the payment methods they prefer, and BLIK is quickly becoming one of the methods most relevant payment methods in Poland. “Adding BLIK to our suite of 600+ APMs through a single integration allows our partners to efficiently and more comprehensively reach their customers.

BLIK This is a common standard for mobile payments. Currently, almost all customers of domestic payment institutions offering a mobile application have the opportunity to use BLIK in mobile banking applications. The Polish Payment Standard (Polski Standard Płatności, PSP) is responsible for the development of the system. PSP is constantly developing BLIK’s capabilities to make the system as functional as possible. The shareholders of PSP are: Alior Bank, Bank Millennium, Santander Bank Polska, ING Bank Śląski, mBank, PKO Bank Polski and Mastercard.

About Nuvei

Nuvei (Nasdaq: NVEI) (TSX: NVEI) is the Canadian financial technology company that accelerates businesses for clients around the world. Nuvei’s modular, flexible and scalable technology enables large enterprises to accept next-generation payments, offer full payment options and benefit from card issuance, banking, risk management and of fraud. By connecting businesses to their customers in over 200 markets, with local purchasing in over 47 markets, 150 currencies and 669 alternative payment methods, Nuvei provides the technology and insights to enable its customers and partners to succeed locally and globally , with a single integration.

For more information, visit www.nuvei.com

Contact:

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alexandra.bucur@nuvei.com

Reports with investors
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