MONTREAL, AUGUST 4, 2022 – Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), tomorrow’s payment platform, announces today it is has partnered with Xenia Global, a leading Italian beauty and wellbeing retailer. The partnership brings secure, reliable payment processing to Xenia Global’s network of direct sales Independent Business Owners to help drive overall business growth.
Led by a team of doctors, pharmacists, researchers and sector professionals, Xenia Global’s product range includes cosmetics, fragrances, food and wellbeing supplements, and performance technology for the clothing industry.
Xenia Global chose to work with Nuvei for its real-time fraud detection, security and scoring engine to eliminate transaction fraud, as well as its seamless platform integration, excellent IT services, and extensive experience and support in payments technology innovation for the direct selling sector. Leveraging Nuvei’s Smart 3DS service, Xenia Global will be able to automatically direct any payment flow through the best authentication process depending on exemptions, rules, and individual risk assessments.
“Consumers are increasingly looking for products and garments that enhance their wellbeing and offer them greater versatility during work, leisure and social activity and season to season. With our model of conscious and ethical business, we are helping to serve that need in our own unique way,” said Eugenia Conforti, CEO of Xenia Global. “Working with Nuvei has allowed us to enhance our approach to payments security and our Independent Business Owners’ experiences as we focus on growing our business together.”
Commenting on the payments partnership, Nuvei Chair and CEO Philip Fayer said: “As a next-generation payment provider, helping clients like Xenia Global with both our technology and expertise is important to us. Responsible commerce is integral to our approach, and, like Xenia, the real engine behind our success is our human touch. We are delighted to be helping Xenia as it focuses on driving new eCommerce sales and we push the boundaries of what is possible in payments.”
Nuvei (Nasdaq: NVEI) (TSX: NVEI) is tomorrow’s payment platform. Designed to accelerate customers’ business, Nuvei’s modular, flexible, and scalable technology allows leading companies to accept next-gen payments, offer all payout options and benefit from card issuing, banking, risk, and fraud management services. Connecting businesses to their customers in more than 200 markets, with local acquiring in 45+ markets, 150 currencies and more than 550 alternative payment methods, including cryptocurrencies, Nuvei provides the technology and insights for customers and partners to succeed locally and globally with one integration.
For more information, visit www.nuvei.com.
About Xenia Global
Xenia was born in 2005 from an ambitious and stimulating project: to become an ambassador of well-being not only in Italy, but also abroad. Its founders Eugenia Conforti and Mario Partenope have over thirty years of experience in the industry of network marketing and direct sales.
Xenia boasts a wide range of products of the highest quality in the wellness, beauty, and performance sector, distributed to the general customers thanks to a network of reliable, competent, and professional Independent Business Owners.
For over 10 years, Xenia has been a member of Avedisco, the most important direct sales association in Italy, which protects both consumers and Independent Business Owners, guaranteeing the principles and values necessary for a successful and lasting business: Ethics, Correctness, Seriousness, and respect for the rules.