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Expanding Payment Processing with Nuvei and Microsoft

In a groundbreaking development, Nuvei has announced a significant enhancement of its partnership with Microsoft, marking a new frontier in global payment processing. This collaboration allows Nuvei's core payment processing APIs to operate seamlessly on Microsoft Azure, harnessing the power of Azure's artificial intelligence to streamline transaction processes in real-time.

A New Era of Speed and Reliability

This expansion is crucial for meeting the increasing demand in digital transactions, facilitating an impressive target of processing more than 10,000 transactions per second. With a commitment to maintaining 99.999% availability for enterprise merchants, this evolution not only escalates Nuvei's global processing capabilities but also reinforces its position as one of the world's premier high-volume transaction processors.

Phil Fayer, Chair and CEO of Nuvei, expressed his vision succinctly: “Every payment should succeed with speed and accuracy, every time, wherever our customers operate.” The integration with Azure provides Nuvei with the necessary infrastructure to continuously adapt and optimize transactions globally while adhering to regional data-residency requirements.

Uninterrupted Consumer Experience

Processing payments through Azure ensures that Nuvei can sustain peak transaction volumes while minimizing latency and maintaining a high rate of authorization outcomes. By establishing a distributed architecture, the solution guarantees a continuous uptime and enhances the overall consumer experience, even during unprecedented spikes in global commerce. This capacity is essential for businesses during major events and shopping seasons, where uninterrupted service can significantly impact revenue capture.

Tyler Pichach, Global Head of Payments Strategy at Microsoft, noted this partnership's significance, stating, “Microsoft Azure's AI-ready infrastructure complements Nuvei's enterprise payments expertise. This step positions Nuvei to deliver the resilient, responsive, and optimized payment experiences required for the future of global commerce.”

Comprehensive Security and Compliance

In tandem with performance enhancements, Nuvei is also focusing on security and compliance. The migrated core APIs leverage advanced features offered by Azure, including Azure ExpressRoute for secure private connectivity, Azure Firewall for robust network protection, and Azure Kubernetes Service for managing containerized workloads. Furthermore, Azure Defender for Cloud will provide advanced threat protection, ensuring that businesses using Nuvei's payment solutions are safeguarded against potential security breaches.

With the new architecture spread across four strategic regions—UK South, Sweden Central, US West, and US East—Nuvei ensures high availability, resilience, and consistent performance for businesses across the globe.

Towards a Scalable Future

This major milestone reflects Nuvei's commitment to ongoing investment and a multi-year strategy to migrate its entire platform to the cloud. This evolution supports higher performance, greater efficiency, and the ability to innovate continuously. By modernizing its infrastructure, Nuvei is setting the stage for future enhancements, poised to deliver even more refined and resilient services as global clients scale their operations.

In conclusion, as Nuvei positions itself with cutting-edge technology on the Microsoft Azure platform, the potential for advanced AI-driven capabilities will not only streamline payment processes but also catalyze future innovations in the payment industry. With Nuvei, businesses can look forward to a future of payments that is not only efficient and secure but also incredibly adaptive to the ever-evolving digital landscape.

For more details and insights into Nuvei's solutions and services, visit Nuvei.