Neil Erlick: Mazooma acquisition will be a game changer for Nuvei

As the digital payment space undergoes changes, such as the rise of cryptocurrencies, firms and providers must adapt accordingly.

What's this?

Nuvei 's Neil Erlick touched on how the global payment solutions provider closed TSX's largest technology IPO last September, among other topics, in discussions with Compensated Expert's Joe Streeter.

Who is this?

Neil Erlik, Director of Corporate Development, Nuvei Corporation

Joe Streeter, Payment Expert News Editor

What do they say?

Speaking about the history of the company, Erlik began: “To emphasize the company's global presence, we operate in more than 200 markets around the world. We have over 455 different Alternative Payment Methods (APM) in 150 currencies, all through a single platform.

“Things change very quickly, but we can handle all the hard work on behalf of our partners so they don't have to worry about what's changing or how fast it's changing. We take the stress off them.”

Referring to Nuvei's recent final agreement to buy Mazooma, he added: “We think this will be a game changer. With the help of what they transfer from account to account payments, and - thanks to the cooperation with Plaid - their connection with 11,000 financial institutions (FI) in the United States. About a year ago, we had another previous acquisition with Base Commerce that helped us with our automated clearing house (ACH) capabilities.

“So we feel really comfortable moving forward in the US, with all the different types of payments. But not only because we are comfortable, we think we offer a great solution for our merchants and partners, and ultimately their customers.”

Why should I watch this?

Learn about how the payment space is constantly evolving and changing, and how providers operate in different countries.

Where can I see more?

Source: SBC YouTube channel.

Neil Erlick's post: "Acquisition of Mazooma will be a game changer" for Nuvei first appeared on