Nuvei Corporation announced today that it has partnered with SHEIN, a global leading fashion retailer for online beauty and lifestyle products, to provide innovative payment options to help accelerate its business.
Known for its on-trend and affordable range of beauty, fashion and lifestyle products, SHEIN has grown to one of the leading global e-commerce platforms, selling in more than 150 countries.
Today, the e-Commerce giant is a household name with its growth built on delivering a quality shopping experience to shoppers worldwide. Given the high-profile retailer sells into so many markets, building a capability based on smarter payments is key. SHEIN needs payment processing in local currencies and to offer the most relevant, easy and convenient payment methods.
That is where Nuvei as a global payment service provider with its single-integration payment technology, risk control and fraud management tools, and dedicated payment expert support teams help the business. These capabilities make it easier for customers living around the world to buy from SHEIN.
Following success in the European market, Nuvei will support SHEIN’s growth in other Asia-Pacific markets. SHEIN will also work with Nuvei on faster payment technology with solutions such as smart routing and payment orchestration.
“Payments are key to delivering successful commercial strategies that connect merchants directly with local consumers. Our network of payment partners are critical to ensuring these operations run smoothly and Nuvei allows us to quickly add new payment methods to boost conversion rates – delivering on our mission to bring the trendiest products to consumers worldwide, affordably and quickly.” - Ted Wang, Global Head of Payments at SHEIN.
Commenting on the partnership, Nuvei Chair and CEO Philip Fayer said: “At Nuvei, with our innovative payment technology expertise, we are committed to helping businesses deliver unique customer experiences and accelerating their growth.
“We're proud to welcome SHEIN to our growing list of eCommerce partners and support their global growth drive." - Philip Fayer, Chair and CEO at Nuvei
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