Skip to main content

Multi Wholesale Supplies Partners with Nuvei to Grow its Global Footprint and Boost Conversion

Supporting a leading B2B medical retailer with card acquiring and anti-fraud tools that will ramp up revenue

Montreal, July 19, 2022 (GLOBE NEWSWIRE) — Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), tomorrow’s payment platform, announces today it is has partnered with Multi Wholesale Supplies, a top B2B retailer for medical equipment, to help expand the retailer’s global footprint and increase conversion with card processing, global card acquiring, and fraud management services.  

Prague-based Multi Wholesale Supplies provides medical equipment to private offices, wholesalers, medical and dermatology clinics, medical spas and stores. Nuvei and Multi Wholesale Supplies are driving the medical supply industry forward, moving B2B merchants away from invoice billing to real time payments. 

Working with Nuvei for its flexible acquiring services, Multi Wholesale Supplies is creating increasingly seamless transactions to boost its B2B conversion rates. The medical supplies business is also growing its revenue thanks to Nuvei’s rigorous fraud management system that identifies risky transactions with potential chargebacks. 

“We’re continually growing our Europe-focused B2B payments offering,” said Nuvei Chair & CEO Phil Fayer. “As a company that believes in technological innovation and exceptional service, we’re delighted to work with Multi Wholesale Supplies.” 

Leveraging Nuvei’s more than 550 alternative payment methods and local acquiring in 46 markets, Multi Wholesale Supplies can now facilitate seamless payments for medical professionals with payment methods of their choice. 

“We pride ourselves on superior customer service that helps our clients’ patients and customers live healthier, happier, more comfortable lives,” said Tsekov Vladimir, Director of Multi Wholesale Supplies. “Working with Nuvei has allowed us to enhance our approach to payments as we focus on growing our business in and beyond Europe.” 

About Multi Wholesale Supplies 

Multi Wholesale Supplies is a top provider of medical products and equipment. We cater to private offices, wholesalers, medical and dermatology clinics, medical spas, stores and more.  

We’re proud to offer incredibly affordable prices and a fantastic selection, thanks to our global supplier network. We understand how important it is for our customers to offer the highest quality services to their patients, which is why we provide the industry’s top brands. Delivery is available worldwide and our customer service is unparalleled.  

About Nuvei 

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

 

CONTACT: Investor Relations
IR@nuvei.com

Public Relations
keira.mcdermott@nuvei.com

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.