Nuvei and Plaid Partner to Offer Pay-by-Bank Payments to Businesses

Nuvei and Plaid are expanding their partnership to offer businesses a new way to accept payments. The new partnership will allow businesses to accept bank-based payments for recurring payments and payouts, and to serve new eCommerce verticals like utilities and B2B. “We want to support merchants with payment solutions with lower processing costs and quicker access to funds” said Nuvei CEO Philip Fayer. “Consumers are increasingly turning to online bank transfer payments, but their user experien